Technology firm Yahoo announces the appointment of Google executive Marissa Mayer as its third CEO in the space of a year.

A US Senate probe discloses how lax controls at Europe's largest bank left it vulnerable to being used to launder dirty money from around the world.

The chairman of the trade body for building societies says he feels let down by bosses of scandal-hit banks.

The World Trade Organisation rules that China discriminates against foreign credit-card and debit-card providers.

Foreign direct investment into China fell in June as an economic slowdown dampened companies' appetite for expansion.

The G4S chief executive will go before a committee of MPs later to explain why his firm said it would not be able to provide the Olympic security staff it had promised.

The world's second biggest mining group, Rio Tinto, reports record production of iron ore and coking coal in the first half of the year.

Dairy Crest, one of the UK's largest dairy processors, reports a 15 % rise in first quarter sales, despite "challenging" trading conditions.