The government expands its start-up loans scheme, which is run by James Caan, to include entrepreneurs between the ages of 25 and 30.

Qatar-based broadcaster Al Jazeera acquires Current TV, the cable television network founded by former US Vice President Al Gore.

India's debt-ridden Kingfisher Airlines loses its flying permit after a deadline to renew its suspended licence expires, the aviation regulator says.

Starbucks, the world's biggest coffee-shop company, is set to open its first store in Vietnam next month as it continues expanding in Asia.

Winter fuel allowance should be means-tested to help pay for reform of elderly care, a former minister says.

UK house prices fell by 1% on average last year, the Nationwide says, with a similar outlook predicted for 2013.

Retailer Next forecasts full-year profits at the top end of expectations as it reports a rise in sales in the run-up to Christmas.

China's non-manufacturing sector expands at its fastest pace in four months, adding to evidence that an economic rebound might be sustained.