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City Link announces 2,356 job losses

The administrators of collapsed delivery firm City Link announce 2,356 job losses after a bid to buy the company fails.

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Lithuania farmers hit by sanctions

How Ukraine sanctions are hitting Baltic farmers

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Zambia’s Kariba Dam energy crisis

Zambia’s struggle to provide cheap electricity for all

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Warning over accident claim calls

A regulator says cold calls about accident claims are still high, despite a ban on selling consumers’ personal details.

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Three supermarkets cut petrol prices

Three major UK supermarkets are to cut the price of petrol and diesel by 2p per litre from Thursday.

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Russia inflation up as rouble falls

Russia’s annual inflation for 2014 will hit about 11.4%, according to official estimates, as the government intervenes to support another bank.

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Consortium buys 16% of Rangers

BBC Scotland learns a group including businessman George Letham has bought 16% of Rangers from Laxey Partners.

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Asda boss says 2015 will be tough

The rise of the discount supermarkets will mean 2015 will be another difficult year, the boss of Asda tells the BBC.

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India to scrap tax breaks on cars

Cars, bikes and consumer goods are set to get more expensive in India as the government is to withdraw tax breaks in the new year, reports say.

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Caution continues among homeowners

Homeowners have not relied on the rising value of their home in 2014 to withdraw equity for other spending, figures show.