Average UK living standards have fallen "dramatically" since the recession and will not recover to pre-crisis levels by the next election, economists say.

Social gaming firm Zynga announces the purchase of UK gamemaker Natural Motion as it posts a loss of $25m for the fourth quarter.

Japan's prices rise at their fastest pace in more than five years, marking more progress in the country's battle against deflation.

Shares of Australian retailer David Jones surge after the firm says it rejected a takeover approach from larger rival Myer last year.

Australian authorities approve a project to dump dredged sediment near the Great Barrier Reef to create one of the world's biggest coal ports.

The world's biggest carmaker, Toyota, tells dealers in the US to stop sales of some of its cars that are equipped with seat heaters.

BT's sales and profits rose in the final three months of 2013, driven by record broadband demand and its new sports television service.

Thousands of people face fines if they fail to meet a tax return deadline at the end of Friday, including many higher earners receiving child benefit.