Patrick Whelan and William McAteer were convicted of giving loans to the 'Maple Ten'

Former Anglo directors get community service

31 Jul Former director of Anglo Irish Bank Willie McAteer and Patrick Whelan have been sentenced to 240 hours of community service for giving illegal loans to ten people to buy shares in the bank.

Guinness sales fell globally due to declining demand in Nigeria and North America

Diageo posts weaker-than-expected results

31 Jul Diageo, the world's largest distilled drinks maker by sales, has posted weaker-than-expected earnings, hurt by a slowdown in China and volatility in other emerging markets.

Samsung's mobile division has come under pressure at both the budget and premium ends of the market

Samsung reports 19.6% fall in quarterly profit

31 Jul Samsung has reported a near 20% decline in second quarter net profit, due to increased competition from cheap Chinese devices in the key smartphone sector and a surging Korean won.

The app is being released first in Zambia

Facebook unveils new internet app

31 Jul Facebook has unveiled an app to allow people around the world with mobile phones but no internet access to access online services for health, education and basic communications.

Centrica recently completed its acquisition of Bord Gáis

Winter weather hits profits at Britain's Centrica

31 Jul British utility Centrica saw operating profit fall 35% in the first half of the year as a mild winter in Britain led to reduced energy demand and extreme weather in North America increased costs.