EU leaders begin budget negotiations hours later than planned, amid deep divisions over spending priorities for the next seven years.

Business-focused social networking website LinkedIn's quarterly profits were double expectations, sending shares up 10% in after hours' trading.

The US Federal Aviation Administration has granted permission for Boeing to carry out test flights of its 787 Dreamliner planes.

An activist shareholder is demanding Apple share out more of its $137bn (£87bn) cash pile to its investors.

London shares slip back, with Burberry hit by the departure of its chief financial officer.

China reports better-than-expected trade data, fuelling optimism that its economic growth may be rebounding from the recent slowdown.

Australia's revenue collection from its controversial mining tax falls well short of initial expectations, Treasurer Wayne Swan announces.

Food retailers are ordered to carry out tests on all processed beef products after meat in some Findus lasagnes was found to be up to 100% horsemeat.