21st Century Fox confirms that James Murdoch will take over as chief executive from his father Rupert on 1 July.

The chief executive of Australia's Woolworths is stepping down after nearly four years at the supermarket chain.

The Angolan capital, Luanda, remains the world's most expensive city for expatriates, according to an annual survey by consultancy Mercer.

Shares in Berkeley Group rise almost 8% after the housebuilder posted a jump in annual profits.

Asian stocks are mostly higher on Wednesday after US stocks rebounded ahead of the Federal Reserve decision on interest rates.

About 600,000 payments expected by customers of the RBS group of banks have failed to enter accounts overnight, the bank admits.

Swiss banks reported suspicious activity around Fifa accounts, says the Swiss attorney general investigating alleged corruption.

UK unemployment falls again while wage growth hits a near four-year high, official figures show.