Australia's national flag carrier Qantas reports a net loss of A$2.8bn for the year ending in June - its biggest ever financial loss.

The prime minister is to tell business leaders that the UK is "an economy of opportunity" which supports one million Scottish jobs.

An open letter signed by more than 200 business figures says the case for independence “has been made”.

The Philippine economy grew faster than expected in the three months to June, expanding by 6.4% from a year earlier.

The UK economy will grow faster than expected this year and next, according to business lobby group the British Chambers of Commerce.

Australian surfwear firm Billbabong reports another annual loss but says its turnaround plan "is gaining traction".

The chief executive of motoring group the AA, Chris Jansen, resigns following a stock market flotation and management buy-in in June.

Shares in Paddy Power dip after the bookmaker was hit by "punter friendly" results which "proved costlier than John Cleese's divorce payments".