The New York Times Company says it plans to sell the Boston Globe and its related assets in order to focus on its namesake newspaper.

Sony announces the fourth generation of its PlayStation video games console at an event in New York.

The Financial Services Authority defends itself against criticism from a committee of MPs over its role in the Libor rate-rigging scandal.

Qantas profits have risen, boosted by compensation from Boeing after it cancelled 787 orders and amid narrowing losses on its international operations.

The pound falls sharply after the Bank of England's Monetary Policy Committee minutes indicate more monetary stimulus could be on the way.

Energy regulator Ofgem reiterates its plans for a simpler energy tariff regime, which the government says will be backed by legislation.

UK aerospace company BAE Systems reports a fall in full-year profits, blaming delays over a major contract with Saudi Arabia and weak global demand.

Mercedes-Benz and three of its commercial vehicle dealers are fined a total of £2.6m for breaching UK competition law.