The Washington Post says Amazon chief executive Jeff Bezos has agreed to purchase the company's flagship newspaper for $250m (£163m).

A US professor launches Bigshot, a build-it-yourself camera, in an effort to teach children how its underlying technologies work.

Retail sales enjoyed their fastest July growth in seven years - at 2.2% - thanks to the month's heatwave, the British Retail Consortium says.

The gap between assets and liabilities in big company pension scheme has widened, despite increased funding and rising share prices, a report says.

New Zealand's government steps up efforts to contain the fallout from a scare over contaminated products made by dairy giant Fonterra.

Australia's central bank cuts its benchmark interest rate to a new record low, in an attempt to spur a fresh wave of economic growth.

Sony rejects a proposal by one of its biggest shareholders, hedge fund Third Point, to spin off part of its entertainment division.

Government-owned UK Asset Resolution, which incorporates Northern Rock (Asset Management) and Bradford & Bingley, pays back £1.9bn to taxpayers.