Credit Suisse "helped its US customers conceal their Swiss accounts" and avoid American taxes, a US report alleges.

Spanish oil company Repsol agrees a $5bn (£3bn) settlement with Argentina over the seizure of its assets there.

Spending on flood risk management should be substantially increased in next month's Budget, urges a leading engineering organisation.

Regulator Ofgem outlines measures to improve the transparency of major energy firms' accounts and break down barriers to competition.

Co-op Group is selling its farms and may sell its pharmacies as part of a reorganisation, with losses in 2013 set to exceed £2bn, says BBC business editor Robert Peston.

Europe's largest aerospace group, Airbus, says it will increase output of its best-selling A320 jet as it reports a rise in full-year profits.

The biggest chain of estate agents in Wales hails its second-best ever year with a 17% rise in sales.

Official figures confirm that the UK economy grew by 0.7% in the final three months of 2013, helped by rising business investment.