US consumer electronics chain Best Buy is closing its Canadian subsidiary, Future Shop, and converting 65 of its 131 stores into Best Buy outlets.

Greece's creditors are studying new reform plans put forward by Prime Minister Alexis Tsipras' government in a bid to secure further bailout funds.

The work and pensions secretary says the Conservatives are not keeping plans for £12bn of benefit cuts secret - saying no final decisions have been made.

Leaving the European Union would be an act of economic "self harm" and could risk the UK recovery, Liberal Democrat leader Nick Clegg says.

Swiss firm Dufry buys a controlling stake in World Duty Free from the Benetton family, creating the world's largest travel retailer.

Executives at the Dutch bank ABN Amro have renounced a €100,000 allowance after a public outcry over the extra pay.