MPs have questioned whether the UK's charity regulator is fit for purpose, after it failed to spot a charity apparently set up for tax avoidance.

A deal between Apple and publishers to set the price of e-books cost customers "hundreds of millions of dollars", a government lawyer claims.

US has unveiled fresh sanctions against Iran, targeting the country's currency, as it increases its pressure on Tehran on abandon its nuclear programme.

Games developer Zynga announces plans to cut 520 jobs and warns that it expects wider losses than it previously estimated.

The draft report of the Parliamentary Commission on Banking Standards recommends breaking up RBS into a good bank and bad bank, the BBC learns.

Shares in Australian surfwear maker Billabong plunge after the firm says takeover talks with two potential bidders have collapsed.

US carmaker Ford says it will recall 465,000 cars globally - including its 2013 Fusion model - to fix a possible fuel leak.

Intel launches its Haswell family of computer chips promising major gains in battery life and improved graphics performance.