The latest stories from the Business section of the BBC News web site.
Updated: 1 hour 32 min ago
Iron and steel production at the SSI plant in the north-east of England is to be halted with the loss of 1,700 jobs.
John McDonnell says Labour plans a review of the Bank of England, but guarantees its independence.
Royal Dutch Shell abandons Arctic exploration off the coast of Alaska after "disappointing" results from a key oil well.
Renewed evidence of a north-south divide is emerging in the pace of house price movements in England and Wales, Land Registry figures suggest.
Authorities in Switzerland have announced a probe into global banks over suspicions they illegally manipulated the price of metals.
Renault have signed a letter of intent to buy a controlling stake in F1 team Lotus to create a new team for 2016.
Motorists are being "tricked" into buying cars which claim to be more fuel efficient than they really are, a report claims in the latest scandal for the industry.
Indian PM Narendra Modi hails the political power of social media in the modern world as he visits Facebook headquarters in California.
Asian shares are mixed on Monday, taking their lacklustre lead from Wall Street where investors were not convinced by the Federal Reserve's reassuring comments.
Why is Indian Prime Minister Narendra Modi so keen to court Facebook?
Statues at the festival worshipping Lord Ganesh are becoming a model of sustainability.
Pope Francis has created a stir by travelling around in a little black Fiat during his first US visit. Will it change Americans' views of cars?
The BBC's Sameer Hashmi analyses India's economic highs and lows.
The millionaire who sold his manor house to start again
Will Argentina's presidential election boost growth?
Labour leader Jeremy Corbyn says inheritance tax should be "graded" because the current single rate means the "very richest become richer".
Best-selling author Thomas Piketty and Nobel Prize winner Joseph Stiglitz have agreed to join a new panel of economists advising Labour leader Jeremy Corbyn.
Volkswagen had warnings about illegally cheating in emission tests years ago, German media cite an internal inquiry as saying.
Banksy's Dismaland has been a shot in the arm for Weston-super-Mare, attracting thousands of people to the town.
Microsoft founder Bill Gates and his wife Melinda have spoken to the BBC's James Robbins about their hopes for beating poverty and malnutrition and improving childhood health.