Utilities Anglian, Southern and Thames Water are to end hosepipe bans in their regions, called in response to the drought, following record rainfall.

New technology to enable people to withdraw money from cash machines using their smartphone has been unveiled.

Developing nations should brace themselves for weak growth and "tougher times", the World Bank warns.

JP Morgan Chase chairman and chief executive Jamie Dimon is to apologise for the bank's $2bn losses on high-risk trades.

Shares of clothing retailer Esprit slide after the announcement that its chief executive Ronald Van der Vis has quit.

US-based organisations apply for 884 new net address endings, dwarfing the UK's 40 applications.

The run on Northern Rock could have been prevented, the outgoing chief executive of the Financial Services Authority tells the BBC.

Japan's core machinery orders, a key indicator of capital expenditure, rise more than had been forecast in April, in a positive sign for the economy.