India's foreign investment agency approves Ikea's entry into the Indian market, bringing the Swedish firm closer to being the first with wholly owned outlets.

Personal pressures at work and at home are driving more people to commit fraud, while crime by professional fraudsters is falling, a survey suggests.

The Bank of Japan doubles its inflation target to 2% and promises open-ended asset purchases, meeting key demands of Japan's new government.

China steps up its efforts to explore shale gas reserves as it looks to meet growing energy demand at home.

Global unemployment rose by 4 million in 2012 to 197 million and is expected to grow further in the coming years, the UN labour agency warns.

Online grocer Ocado has appointed former Marks and Spencer chairman Sir Stuart Rose to replace Lord Michael Grade as chairman.

Hong Kong's Cathay Pacific offers a voluntary early retirement plan to its cabin crew as the airline looks to trim costs.

The government borrowed slightly more than expected in December, fuelling fears that the UK could lose its coveted AAA credit rating.