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Updated: 2 years 36 weeks ago
Magna is 'very close' to GM deal
Canadian car parts maker Magna International is the preferred bidder for GM Europe, owner of Opel and Vauxhall, Lord Mandelson has said.
Oil prices continue rally to $66
Oil prices hit a six-month high above $66, buoyed by falling US stockpiles and revised US first-quarter GDP figures.
Tata profits hit by drop in sales
Profits at India's Tata Motors fall by 50% as the global economic slowdown hits demand for cars and trucks.
US economy shrinks at slower pace
The US economy shrank by 5.7% in the first quarter of 2009, less than had previously been estimated by official figures.
Anglo Irish gets aid from Dublin
The Irish government announces it will inject 4bn euros into Anglo Irish Bank after the lender reported big half yearly losses.
Cruel necessity
A child's income is vital for families in Bangladesh
Big drop in global server sales
Worldwide server sales fell 24.5% in the first quarter of 2009, according to market research firm IDC.
Eurozone inflation at record low
Prices in the eurozone stopped rising in May, with the official inflation rate 0.0%, fuelling fears of impending deflation.
Japan's industrial output jumps
Japan's factory output jumps at its fastest rate in more than 50 years, but higher unemployment dampens hopes of recovery.
Severn Trent annual profits fall
Rising bad debt among customers and firms using less water in the recession push Severn Trent's annual profits down 6%.
Rise reported in UK house prices
House prices rose by 1.2% in May offering evidence of activity in the housing market, according to figures from the Nationwide.
Irish economy 'is not all gloom'
Irish Prime Minister Brian Cowen says people can begin to have confidence about the future of the country's economy.
Indian growth unexpectedly strong
India's economy slowed to annual growth of 5.8% in the first three months of the year, which was better than expected.
Surfer brands stretch Blacks loss
Blacks Leisure reports an annual pre-tax loss of £14.4m after "difficult" trading conditions on the High Street.
Declining stockpiles push oil up
Oil prices rally towards $65 a barrel for the first time since November after a decline in US stockpiles.
US to host next G20 world meeting
The White House confirms that the US will host the next G20 summit of world leaders in September.
US begins GM bankruptcy planning
General Motors and the US Treasury improve the offer to GM's bondholders, as they prepare for the firm's bankruptcy.
Trouble for French fashion house
French fashion house Christian Lacroix SNC launches insolvency proceedings, it is confirmed.
Opel talks break down in Berlin
Talks about the future of Opel and Vauxhall break down after more details emerge of the amount of extra cash it needs.
FAO Schwarz bought by Toys R Us
Toys R Us says it has bought FAO Schwarz, the oldest toy retailer in the US.
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