BBC News - Business

The latest stories from the Business section of the BBC News web site.
Updated: 3 hours 44 min ago

Explosion on Gulf of Mexico rig

3 hours 51 min ago
An explosion rips through an offshore oil rig in the Gulf of Mexico, west of the site of the blast in April that caused a huge oil spill.

Russia extends grain export ban

5 hours 25 min ago
Russia will consider lifting its grain export ban only after the next year's harvest has been reaped, Vladimir Putin says.

Tube strikes on as talks collapse

5 hours 45 min ago
Thousands of Tube workers will strike next week as talks between London Underground bosses and two unions break down.

Burger King is sold for $3.26bn

6 hours 13 min ago
Burger King is being sold to private equity firm 3G Capital in a deal valued at $3.26bn (£2.1bn), it has been announced.

Dell pulls out of battle for 3Par

7 hours 15 min ago
Dell withdraws its bid for 3Par after rival Hewlett-Packard raises its offer for the data storage company to $2.1bn.

Greenpeace rig activists arrested

7 hours 34 min ago
Four Greenpeace activists are arrested after giving up their occupation of a Scottish company's drilling rig off Greenland.

Record sales of smokers' pensions

7 hours 37 min ago
Smokers and people with weight problems are buying a tailored pension income in greater numbers, according to research.

Four power firms face sales probe

7 hours 44 min ago
Four of the "big six" UK energy suppliers are to be investigated amid concerns of mis-selling to customers, the regulator says.

Switching supplier 'made bills soar'

7 hours 54 min ago
Ron Manuel agreed to switch energy supplier when he was contacted by a rival company. However, his bills ended up being higher.

India's cities running out of space

8 hours 2 min ago
Indian cities are getting bigger and there is a growing need for more housing, business space and public facilities.

Plans for more £5 notes in ATMs

8 hours 31 min ago
All banks and building societies have put in place plans to begin dispensing £5 notes from the cash machines, a report reveals.

ECB ups eurozone growth forecasts

9 hours 32 min ago
The European Central Bank raises its forecast for eurozone growth for this year and next year, and keeps interest rates on hold.

Brazil's property boom

10 hours 5 min ago
After years of building for others, Sergio has bought his own home

RBS to cut a further 3,500 jobs

10 hours 7 min ago
Royal Bank of Scotland is planning to cut 3,500 jobs from its technical and back office division.

RBS job losses 'horrific', says union

10 hours 22 min ago
Royal Bank of Scotland has said it is planning to cut 3,500 jobs as part of its plans to halve its administration centres across the UK. Siobhan Endean of Unite called the job losses ''horrific'' and said union members ''are paying the price for decisions by senior bankers''.

Bird business

11 hours 13 min ago
The back-breaking, ear-splitting work on Peru's guano islands

Afghan bank 'to avoid collapse'

11 hours 30 min ago
The head of Afghanistan's Central Bank tells the BBC he will not allow the country's biggest commercial bank to collapse.

Cold winter boosts Gazprom profit

11 hours 53 min ago
Russian gas monopoly Gazprom reports a threefold surge in profits for the first three months of the year, despite a sharp fall in gas prices.

Nationwide: Sellers back in market

12 hours 23 min ago
House prices fell for the second month in a row in August, according to the Nationwide building society.

Samsung releases iPad competitor

12 hours 49 min ago
Samsung has become the latest manufacturer to enter into the tablet computer market with its Galaxy Tab.