BBC : Business (64)

British Airways owner IAG says IT chaos cost £58m

The airline says May's IT failure led to additional costs for compensation fees and baggage claims.

Barclays sets aside extra £700m for PPI

Barclays provides an extra £700m to meet claims for the mis-selling of payment protection insurance.

Starbucks to own 100% of its China stores after buyout deal

The US coffee giant is buying out its China partner for $1.3bn - the firm's biggest ever acquisition.

Amazon profits are sharply lower as it invests overseas

Sales grew 25% but the firm's expenses rose as it invested in expansion, video and other products.

Jeff Bezos: Five things you may not know about Amazon's founder

Five things you didn't know about the man whose wealth overtook Bill Gates's for half a day.

Jeff Bezos: Amazon founder is world's new richest man

Five things you didn't know about the man whose wealth is valued at more than $90bn.

Air France-KLM is buying 31% of Virgin Atlantic

Sir Richard Branson says he will remain involved, but Virgin Group will no longer control the airline.

Porsche to recall 22,000 cars over emissions software

Germany's transport minister orders move to remove what he says is illegal emissions-controlling software.

Volkswagen shrugs off cartel allegations

The company defends its record after allegations that it colluded in breaching EU cartel rules.

Airbus cuts superjumbo A380 production again

Airbus cuts production of its superjumbo for the second time in a year as new orders dry up.

Twitter sees monthly user growth stall

Social networking site is facing competition from Facebook, and messaging app Snapchat.

Sky profits sag as football costs rise

The satellite broadcaster plans a new loyalty scheme to help retain customers in the UK.

Facebook and Verizon lift US markets

Amazon shares also advanced ahead of the e-commerce company's release of its quarterly results.

BoE deputy governor role given to Treasury official

Civil servant Sir Dave Ramsden becomes a deputy governor at the Bank of England.

Avianca suspends flights to Venezuela amid crisis

The Colombian airline says it will stop flying to the crisis-hit country on 16 August.

Amazon launches Prime Now in SE Asia

US e-commerce giant goes into its first head-to-head battle with Alibaba in the region.

Lloyds sets aside another £700m for PPI insurance claims

The bank reports half-year profits of £2.5bn and sets aside another £700m for PPI claims.

Noble shares almost halve in value after loss warning

The firm has suffered from a collapse in commodity prices and allegations of improper accounting.

Trump takes credit for Foxconn's 'incredible investment'

The Taiwanese electronics firm Foxconn says it will invest $10bn in a new factory in Wisconsin.

Amazon Prime launches in SE Asia

The move takes US e-commerce giant into its first head-to-head battle with Chinese rival Alibaba.

Facebook flush with advertising money

The social media company's profits jumped 71%, amid strong advertising spending and user growth.

Foxconn expected to announce multi-billion dollar investment

The Taiwanese electronics manufacturer has been exploring an investment in the US.

RBS likely to avoid compulsory sale of Williams & Glyn

UK strikes £835m deal 'in principle' with the European Commission for RBS to boost banking competition.

Italian bank hit by major data breach

Data from 400,000 accounts belonging to Italy's biggest bank are thought to have been exposed.

Apple faces $506m patent dispute payout

A judge more than doubles an existing fine after Apple fails to abide by the verdict.

Premier League wins anti-piracy court order

Will allow the league to combat the illicit use of devices such as pre-loaded IPTV and Kodi boxes.

UK economic growth rate edges slightly higher

Weak manufacturing and construction sectors weigh on the UK economy in the three months to June.

Diesel and petrol car ban: Clean air strategy 'not enough'

The clean air strategy should include a scrappage scheme and clean air zones, campaigners say.

VW and Daimler face cartel accusations

Supervisory boards at the carmakers call emergency meetings after being accused of breaching EU rules.

New diesel and petrol vehicles to be banned from 2040 in UK

Ministers will also unveil a £255m fund to help councils introduce steps to deal with vehicle pollution.

Trump says Apple will build three 'big' new plants in US

President Trump says Apple is planning three new manufacturing plants in the United States.

New diesel and petrol vehicles to be banned from 2040 in UK

Ministers will unveil a £255m fund to help councils introduce steps to deal with vehicle pollution.

McDonald's sales up on premium hamburgers and cheap drinks

The fast-food company said $1 fizzy drinks and a new burger line boosted sales at established restaurants.

McDonald's sales up on premium hamburgers and cheap soda

The fast-food company said $1 sodas and a new line of sandwiches boosted sales at established restaurants.

BMW's electric Mini to be built in UK

A fully electric version of the Mini is to be built at the Cowley plant in Oxford, BMW says.

Trump: UK-US trade deal could be 'big and exciting'

The US President also takes a swipe at the EU's "very protectionist" stance towards his country.

GM profit down but better than expected

The car giant saw net income fall to $2.4bn , down from $2.8bn a year earlier.

Acacia Mining rejects $190bn Tanzanian tax bill

Gold miner Acacia is hit by Tanzania's demand for unpaid taxes amid a row it calls "unexplainable".

Wall Street boosted by strong results

Caterpillar and McDonald's both rise more than 4% in early trading, sending the Dow Jones higher.

Jimmy Choo bought by Michael Kors in £896m deal

The luxury shoemaker is snapped up by Michael Kors Holdings, three months after it was put up for sale.

Alphabet profits rocked by EU fine

Google parent Alphabet reports revenues rose in the second quarter but profits drop by almost a third.

Amazon's Whole Foods deal under scrutiny

Democrats have asked authorities to consider how the deal might affect consumer choice.

Democrats' Better Deal bids to grab Trump's populist mantle

The plan is the start of a "new version of the party", said Democratic leader Chuck Schumer.

Greece makes first return to debt market in three years

The country's Debt Management Agency announces plans to sell bonds that will repaid in five years.

Rio Tinto facing SFO investigation

Probe is "into suspected corruption in the conduct of business in the Republic of Guinea".

Ryanair makes 'non-binding' offer for Alitalia

The Italian airline could be wound up unless a buyer can be found by the autumn.

More than 2,500 products subject to shrinkflation, says ONS

Consumers have been paying the same amount for thousands of products that have shrunk in size.

IMF downgrades US and UK growth

Lower activity in the first quarter of 2017 suggests both will underperform the global economy.

Uber rival Grab to raise $2.5bn in fresh investments

China's Didi Chuxing and Japan's Softbank are backing the ride-hailing firm with extra funding.

Ryanair warns of airline fares war this summer

The airline says it might cut fares as much as 9% on some routes as competition intensifies.