IMF's Lagarde under investigation
IMF head Christine Lagarde says she has been placed under formal investigation for negligence in a French fraud case but has not been charged.
Supermarket growth 'at 10-year low'
Low inflation in the price of groceries has led to growth in supermarket sales hitting a 10-year low, according to research firm Kantar Worldpanel.
Alibaba profits up ahead of flotation
Profits at Chinese e-commerce giant Alibaba have nearly tripled, latest filings reveal, ahead of the firm's planned US stock market debut later this year.
Snapchat valued at $10bn by backers
The mobile messaging app Snapchat has been valued at $10bn, according to reports, putting it in the same league as start-ups such as Dropbox and AirBnB.
Germany to fight 'benefit tourism'
The German government announced proposals to tackle alleged abuses of the benefits system by migrants from elsewhere in the European Union.
Foxtons hit by slowdown warning
Estate agent Foxtons reports a big rise in half-year profits, but warns that it expects business to slow down in the second half of the year.
Lockheed Martin in space junk deal
US defence giant Lockheed Martin is teaming up with an Australian technology firm to track space debris that can damage multi-billion dollar satellites.