AbbVie and Shire terminate merger
US firm AbbVie announces it has abandoned its talks with UK drugmaker Shire after a new US rule discouraging mergers that would lower a US firm's tax rate.
China growth slows to five-year low
China's economy grows at its slowest pace since the global financial crisis, causing speculation the government may introduce more stimulus measures.
Bank to probe system failure
The Bank of England has launched an official probe after an automated system that transfers billions of pounds between banks was suspended for much of the day delaying house movers.
Housing 'plateau' as rates fall
The housing market is "sitting on a plateau", a lenders' group has said, despite renewed competition between providers on mortgage rates.
IBM pays $1.5bn to offload chip unit
IBM is paying $1.5bn to offload its loss-making chip manufacturing division to Abu Dhabi owned GlobalFoundries as it announces a 17% profits fall.
Mansion tax 'at least £250 a month'
Ed Balls says owners of properties worth between £2m and £3m will pay an extra £250 a month in "mansion tax" under a future Labour government - with higher rates for higher value homes.
Adidas shares up on Reebok reports
Shares in sportswear giant Adidas jump 6% after a report says that a group of investors is considering a bid for the company's Reebok brand.
Child poverty targets 'won't be hit'
The UK risks being "permanently divided" between rich and poor unless more is done to boost social mobility, says Alan Milburn, the government's anti-poverty tsar.
Russian rouble weakens on downgrade
The Russian rouble weakens further against the dollar after Moody's downgrades its credit rating, blaming the economic damage caused by sanctions.