US Treasury Secretary Jack Lew tells the BBC to act "cautiously" with Iran and it is "not softening" its position on sanctions,

The UK's £15bn Crossrail project is "on course" to be value for money despite rising costs, the National Audit Office says.

An off-the-wall advert for an old banger has landed an unemployed Swedish man with a dream role.

Samsung Electronics, the world's biggest maker of mobile phones and TVs, reports a drop in quarterly profit for the time in two years.

People in Britain must save more than six times the amount they are currently to avoid poverty in retirement says the Policy Exchange think tank.

Argentina introduces new curbs on purchases from international websites such as Amazon, in a bid to stop foreign currency reserves falling further.

Shares in China's Lenovo, the world's biggest PC maker, rise after the firm agrees to buy IBM's low-end server business for $2.3bn (£1.4bn).

The US bans India's largest drugmaker Ranbaxy from producing and distributing drugs for the US market from its Toansa facility in Punjab.