A planned new local news service for ITV Wales is scrapped, as part of UK government cutbacks.

Almost one in four consumers say they would buy fake World Cup goods and counterfeit products are rife, a survey says.

Profits at online fashion retailer Asos climb 44% as international sales continue to grow.

Commercial websites are charging up to £1.50 per minute to access information which is provided free by the government.

Is investing in oil firms no longer a wise thing to do?

Hedge funds suffered their worst losses for 18 months in May as investors bet wrongly that stock markets would rise.

The Unite union confirms it is preparing a new ballot on further BA strike action, as the current strike enters its final day.

Agricultural Bank of China is given clearance by Chinese regulators for what could be the world's largest share flotation.

Europe's financial woes will hit the global economy, warns the governor of the Australian central bank, Glenn Stevens.

The UK's trade deficit widened slightly in April, with both imports and exports affected by the volcanic eruption in Iceland.

The owner of fashion chain Zara sees its quarterly profits rise 63%, helped by strong sales and new store openings.

Councils in England are to get greater powers to stop "garden-grabbing" by developers, the government says.

The government may legislate to open up the ducts of utility companies as part of its plans for a new fast network for the UK.

Finland's economy slipped back into recession during the first three months of 2010, official figures show.

Sales at JD Sports have risen in recent weeks, boosted in the build up to the World Cup in South Africa.

Why the boss of Ferrari is upbeat about the future

The man who was in charge of organising the 1990 World Cup gives his backing to England's bid to host the 2018 tournament.

Honda halts production at two of its four car assembly factories in China after another strike by workers at a local parts supplier.