The IMF projected global growth of 3.4% for this year

IMF lowers 2014 global growth forecast to 3.4%

24 Jul The International Monetary Fund lowered its 2014 global economic growth forecast, noting "negative surprises" from the United States and China and geopolitical risks in Ukraine and the Middle East.

Google has been removing certain results from searches under an EU court ruling

EU to challenge Google on search result removal

24 Jul Google's handling of "right to be forgotten" requests from European citizens will come under fire from the continent's privacy watchdogs today, after the search engine restricted the removal of internet links to European sites only.

Figures for June were disappointingly low, with good weather and the World Cup likely stifling demand

British retail sees strongest growth in ten years

24 Jul British retail sales rose between April and June at the fastest pace for a calendar quarter in ten years despite stagnating last month, bolstering expectations that the economy has sustained its swift pace of recovery.

Nokia reported a net profit for the second quarter of €2.51 billion

Nokia profits rise after sale of handset division

24 Jul Finnish telecom equipment group Nokia jumped back into profit in the second quarter, it reported, boosted by restructuring after it lost its leading position in handsets and sold its phone division to Microsoft.

Sales of new single-family houses fell to an annual pace of 406,000 in June

US new-home sales fall in June

24 Jul Sales of new homes in the United States sank in June and prices fell, signalling weakness in the struggling housing market, official data said.

Mark Zuckerberg said Facebook would not take a 'cheap and easy' approach when trying to generate revenue from its acquisitions

Facebook's revenue jumps 61% in second quarter

24 Jul Facebook's fast-growing mobile advertising business helped drive a 61% increase in revenue during the second quarter, beating Wall Street targets and sending shares to are cord-high in after-hours trading.

Net income in the quarter fell to $190 million

GM's profit falls on recall costs

24 Jul General Motors reported a lower second-quarter profit due to numerous recalls and the expected cost of at least $400 million for its victims' compensation fund.

EasyJet's low-cost model has helped it to grow despite difficulties in the aviation industry

EasyJet expects annual profit growth of 14%

24 Jul Low-cost airline easyJet said it would grow annual profit by at least 14% assuming no further significant disruption over the next two months, putting it on track to meet analyst expectations.

There had been concerns over China's economy after a slump in activity in recent months

China's factory activity expanded in July

24 Jul China's factory activity expanded at its fastest pace in 18 months in July as new orders surged, a preliminary HSBC survey has shown, the latest indication that the economy is picking up as government stimulus measures kick in.