The latest stories from the Business section of the BBC News web site.
Updated: 19 hours 15 min ago
Tim Parker, who turned around Clarks, AA and Kwik-Fit, says struggling firms must think more long term.
US aerospace company Boeing freezes defined-benefit pensions for 68,000 employees, including management and executives.
Controversy is surrounding claims by Newsweek to have found the creator of the Bitcoin virtual currency.
US current affairs magazine Newsweek relaunches its print edition just months after being bought over by digital news company IBT Media.
Online fashion retailer Boohoo.com says it will be valued at £560m when it floats its shares on the Alternative Investment Market next week.
Chaori Solar becomes the first Chinese firm to default on its onshore corporate bonds, say media reports quoting the firm, after failing to make an interest payment.
China's debt has mounted, with a lot of money owed to unregulated "shadow banks.''
Japan's government says Bitcoin is not a currency but that some transactions using the virtual unit should be taxed.
Network Rail offers a "full and unreserved apology" to families bereaved by level crossing accidents, as MPs criticise its handling of deaths in the past.
Claims by Newsweek to have found the man who invented the Bitcoin virtual cash system have drawn criticism and scepticism.
Why fear of recession might be driving Putin's policies
A plane is forced to turn back shortly after taking off at Heathrow Airport after an "engine surge" in the air.
A Briton at the wheel at BMW
US supermarket firm Safeway agrees to be bought by an investment group led by Cerberus Capital Management, the owner of Albertsons and other supermarket chains.
How data defenders are using analytics to fight hackers
The S&P 500 hits a new record high at close on Thursday, the second such development in three days.
South Africa's power emergency ends on Thursday night, says state power company Eskom, after a day of rolling blackouts.
The US Department of Justice launches an antitrust probe of Comcast's proposed $45bn acquisition of Time Warner Cable.
American stationer Staples says it will close 225 stores in the US and Canada as sales in the fourth quarter fell 10.6%
The government is to terminate the contract of one of the companies providing their flagship welfare-to-work scheme because of poor performance.