KPMG, one of the world's largest accountancy firms, has resigned as auditor to Herbalife and Skechers amid claims against a former employee.

The Australian dollar becomes the third currency, along with the US dollar and the Japanese yen, that can be converted directly into and out of the Chinese yuan.

Fitch Ratings downgrades China's sovereign credit rating, warning about a credit build-up in the economy that could threaten the recovery.

China posts a surprise trade deficit in March, as imports rise more-than-expected, a sign that domestic demand may be picking up.

There has been a slowdown in the number of women appointed to board-level roles in top UK firms, according to a Cranfield School of Management survey.

Snowsports have contributed millions of pounds to the Scottish economy since the start of the latest season, according to VisitScotland.

Annual car sales in India have fallen for the first time in a decade, underlining the impact a slowdown in its economy is having on key sectors.

Banks should tell customers when their savings increase beyond the level that would be guaranteed if the institution collapsed, MPs suggest.