The number of cars from the 1980s being driven in the UK today is dwindling, yet classic cars from the 60s and 70s still appear to be popular.

Private equity firm CVC Capital Partners calls off its attempt to buy online betting group Betfair after the two companies fail to reach a deal.

There is still confusion over when VAT should be added to the sale of pasties, a survey by the Cornish Pasty Association finds.

Rory Cellan-Jones visits Nokia's London offices, to get a preview of the company's new, slimmer, flagship phone, the Lumia 925.

The French government considers introducing a "culture tax" on the sale of smartphones and tablets to help fund French film, music and images.

EADS reports a sharp rise in profits for the first three months of the year, thanks largely to rising revenue from its Airbus subsidiary.

Some 60% of people who raise concerns about their workplace receive no response from their managers, a survey suggests.

It's just over four months before Australia's general election. But key decisions about the outcome may be made on Tuesday when Treasurer Wayne Swan delivers the budget.

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Australia's budget is unlikely to see many vote-winning giveaways

India's Tata Steel, one of the world's biggest steelmakers, announces a $1.6bn (£1bn) writedown on the value of its European assets.

Private equity firm CVC Capital Partners is given another 24 hours to come up with a bid for online gambling company Betfair.

The US city of Detroit is "clearly insolvent", emergency manager Kevyn Orr says in his first review of the city's finances.

Cyprus receives the first tranche of a 10bn-euro bailout package from international creditors agreed earlier this year, with Greece also due to receive further funds.

Airline Flybe is in talks about selling its landing and takeoff slots slots at London's Gatwick Airport.

Bloomberg says that allowing reporters to monitor the activities of clients on its terminals was an "inexcusable" error.

Samsung Electronics says it has developed a technology that could be "at the core" of the eventual 5G mobile-data standard.

US retail sales rose unexpectedly in April, after falling back in the previous month.

A BAE Systems aircraft flies without a pilot in UK airspace shared with passenger flights for the first time.

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