Australia’s auto industry crashes in slow motion
There has been a car industry in Australia for about as long as there have been cars. But soon, the last of the continent’s auto plants will go dark.
Oil price falls on energy forecast
The price of oil falls further after a report from the International Energy Agency forecasts weaker demand in 2015.
US oil ends below $58 for first time since May 2009
Oil prices fell to their lowest since 2009 on concerns over a global supply glut and a sluggish demand outlook.
Wife awarded third of £1bn wealth
A judge decides the American wife of London financier Sir Chris Hohn will get a third of his wealth – not half – in a further ruling on their High Court divorce case.
WTO talks fail to clinch trillion dollar tariff cuts
Talks on cutting trade tariffs on hundreds of information technology goods failed to reach agreement on Friday.
Premier League opens TV rights sale
The Premier League has opened bidding for the next tranche of television rights for three seasons from 2016.
Pensioner bonds to pay 2.8% and 4%
New pensioner bonds are to carry market-leading interest rates, the government announces, with the products due to be launched in January.
Italy strikes over labour reforms
A general strike halts transport and other public services across Italy, in a challenge to Prime Minister Renzi’s labour market reforms.
FTSE down as energy shares fall
Falling oil prices and disappointing economic data from China combine to push the FTSE 100 down sharply.