'Risk of debt peril' when rates rise
A "relatively benign" rise in interest rates still has the potential to double the number of households facing debt problems, a think tank has said.
Facebook reports surge in profits
Social networking firm, Facebook has reported that profits more than doubled in its second quarter on a jump in advertising revenue.
US lifts ban on flights to Tel Aviv
The US aviation regulator lifts its ban on US carriers flying to Tel Aviv's Ben Gurion airport, but warns the situation remains "very fluid".
GM recalls 717,949 more vehicles
General Motors is recalling an additional 717,949 vehicles due to a range of issues, including loose bolts and potentially incomplete welding on some seat hooks.
China manufacturing growth speeds up
China's manufacturing activity grows at its fastest pace in 18 months in July, an initial survey by HSBC shows, the latest sign that its economy may be stabilising.
Ban on flights to Tel Aviv renewed
The suspension of US and European airline flights to Israel's Ben Gurion airport after a nearby rocket attack has been extended for a second day.
Bank and business at odds over rates
Bank of England minutes show officials are still wary over raising interest rates while the Institute of Directors believes the Bank is being too cautious.
Young adults face housing squeeze
A growing proportion of young people have been squeezed out of the housing market in England and are renting privately instead, a report suggests.
Glaxo profits fall hits shares
GlaxoSmithKline shares fall 6% as the drugs company's profits are hit by a slide in sales and a bribery investigation in China.
PayPal to advance cash to businesses
Online payments firm PayPal is to advance cash to UK small businesses from the early autumn as an alternative to traditional loans, the company has announced.
PM to check arms export licences
David Cameron vows to examine outstanding licences for the sale of arms to Russia after claims by MPs that they could breach the terms of an embargo.
Disability benefits flaws 'grave'
Parts of the disability benefits system require a "fundamental redesign" because flaws in the process are so "grave", a group of MPs says.