Fracking, the controversial method of oil and gas development, will be banned in New York state after a report concludes the process poses "significant public health risks".

Sony cancels the release of The Interview, a film about a fictional plot to kill North Korea's leader, after major cinemas decide not to screen it.

People in the UK are using less energy, even though the economy is growing, new figures confirm.

The director of Premier Oil says no new North Sea projects are profitable with oil below $60 a barrel and the industry is "close to collapse".

Beauty company Avon has been fined by the US Securities and Exchange Commission for paying bribes and gifts to Chinese officials.

Asia stocks are rising after the Federal Reserve pledges to be 'patient' on raising interest rates from record lows.

The government made £180m less from the sale of Royal Mail than it could have, and the process of privatising state assets should be reformed, says a new report.

President Vladimir Putin is holding his annual end-of-year news conference, amid a growing economic crisis in Russia.