Bank customers will be able to pay bills via mobile numbers from 29th April, the Payments Council has announced.

German airline Lufthansa is to cancel 3,800 flights over the next three days as a strike by pilots over pay and working conditions gets under way.

Tobacco giant Philip Morris says it will cease production at its Australian cigarette factory, due to Australia's plain-packaging and fire-safety regulations.

Oil giant BP says it will cease production at its Bulwer Island refinery in Brisbane, Australia, by 2015 due to competition from refineries in Asia.

House price growth showed "tentative signs of moderation" in March with a 0.4% monthly rise, Nationwide says.

Online fashion retailer Asos says sales rose as it added more customers, but profit fell as the firm spent money on logistics, computers and its China start-up.

Cyprus is seeing signs of stabilisation in its banking sector following a 10bn-euro bailout, the IMF says, but rising unemployment and bad loans are a challenge.

Tottenham Hotspur say it is "feasible" they will move into their new 58,000-capacity stadium in 2017.