Investment bank Morgan Stanley agrees to pay $1.25bn to settle a lawsuit over the sale of mortgage-backed securities.

The artist will not pursue legal action against fans accused of posting bootleg footage on blogs and Facebook.

The video-sharing website YouTube says it is starting to "audit" the number of views a video has received.

Australia's Federal Court says late fees charged by banking giant ANZ to customers were unconscionable and exorbitant.

A senior Lib Dem minister says any cuts to the top rate of tax before the 2015 election would be "over his dead body".

Commuters are experiencing travel chaos as London Underground workers walk out over proposals by Transport for London to cut jobs and close ticket offices.

Virgin Atlantic says it will drop its Sydney to Hong Kong route from 5 May amid increasing costs and a challenging business environment.

MPs say they have "little confidence" in the Charity Commission and its capacity to tackle abuses of charitable status.