Concerns over a credit squeeze in China were eased after the central bank pumped $5bn into the banking system.

Members of the Fire Brigades Union in England and Wales are set to go on strike later on Christmas Eve in a dispute over pensions.

The number of homes being sold in the UK has risen by 24% over the last year, according to HM Revenue and Customs.

Walt Disney has named Twitter founder Jack Dorsey as an independent board director.

France will avoid a recession this year, according to Europe's second-largest economy's statistics body.

UK business tycoon Richard Branson calls on companies and tourists to boycott Uganda after its parliament approves a bill to toughen the punishment for homosexual acts.

More than 32,000 people have not received benefit payments because of an "administrative error" at the Department for Work and Pensions.

Researchers say about quarter of a million PCs have been infected by a virulent form of ransomware, with the US and Great Britain worst hit.