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Page last updated at 17:22 GMT, Wednesday, 25 November 2009

drought Climate cash is 'unaccounted for'
Funds promised to developing countries to help tackle climate change are unaccounted for, a BBC investigation finds.

GM and Opel logos GM to keep all German plants open
General Motors says it will not be closing any of Opel's four plants in Germany, and will be cutting fewer jobs across Europe.

Shoppers in Virginia US consumer spending rebounds
US consumer spending rose by more than expected in October, raising hopes that the economic recovery is continuing.


OTHER TOP BUSINESS STORIES

Swiss set to share UBS tax data
Swiss authorities have told more than 500 clients of UBS that their account details are about to be given to US tax authorities.

Toyota moves to cure pedal fault
Toyota says it will change accelerator pedals on 3.8 million already recalled vehicles in the US.

New share structure at Facebook
Social networking site Facebook creates a dual-class share structure to give its owners full control over the company.

Revision to UK economic shrinkage
The UK economy contracted at a slower pace than originally estimated between July and September, shrinking by 0.3%.

Investor nerves hit LSE profits
The London Stock Exchange sees profits fall by 40% after a depressed market is made worse by liberalised trading rules.

Improvement in Japanese exports
Japan's exports fell at their slowest annual rate in a year in October, indicating the country is emerging from recession.


ALSO IN THE NEWS

Nigeria's president delays budget after row over where to host it
Nigeria's president postpones his budget - because senators and representatives disagree on which chamber should host it.

Disgraced financier Madoff's luxury items auctioned for $2m
An auction of luxury goods that once belonged to the disgraced financier Bernie Madoff, his wife and an adviser has raised $2m (£1.2m) in the US.


Michael Phelps

Kroenke buys more Arsenal shares
Arsenal director Stan Kroenke buys 10 more shares in the club, moving closer to the threshold that would trigger a takeover bid.

BMW becomes 2012 Olympics sponsor
Car manufacturer BMW becomes the 24th sponsor for the 2012 London Olympic Games.

FROM BBC SPORT >>
MCC rules out renaming of Lord's
The owners of Lord's say they are not planning to sell the stadium's naming rights to fund a £400m redevelopment of the famous venue.


FEATURES, VIEWS, ANALYSIS

Flood threat
Liberia struggles to deal with impact of rising sea levels

Tight space
Hong Kong's poorest have to live in wooden cubicles

Kabul capital
Real estate prices in Afghanistan go through the roof


FEATURES, VIEWS, ANALYSIS

Trade talks
India's premier in US to talk trade with Barack Obama

Power arrangers
The electricians who connect South Africans - for free

Grape expectation
Morocco's wine makers are sniffing success


ECONOMY

World Bank agrees Mexico loan
The World Bank approves a $1.5bn loan to support Mexico's economic stimulus packages.

US economic growth revised down
The US economy grew at an annual pace of 2.8% between July and September, less than the 3.5% previously forecast.

South African economy grows again
South Africa exits a nine-month recession after its economy returned to growth between July and September.

Russia cuts rates to record low
Russia's central bank cuts interest rates for the ninth time since April to a record low of 9% as inflation cools further.


COMPANIES

Darling defends secret bank loans
Chancellor Alistair Darling defends the Bank of England's secret loans to RBS and HBOS in an emergency Commons statement.

Job cuts planned at airline BMI
The Midlands-based airline BMI has announced plans to cut around 600 jobs in a bid to cut costs.

Water company pledges floods help
United Utilities, the firm which supplies water to Cumbria, promises to help the flood damaged region return to normal.

Cost cuts lift profits at Compass
Catering firm Compass reports annual profits up by more than a third, helped by a cost-cutting programme.


UK YOUR MONEY

Banks win on overdraft fees case
Millions of bank customers hoping to be refunded overdraft charges are struck a blow in a Supreme Court judgement.

British Gas bill system unveiled
British Gas is giving customers the option of paying accurate energy bills each month, instead of relying largely on estimations.

More mortgage approvals by banks
The number of new mortgages approved by the main banks for house purchase grew slightly in October.

Good schools 'raise house prices'
Homes near the best performing primary schools in England can cost £19,500 more than homes elsewhere, research finds.


AFRICA

Heritage sells oil field stakes
Heritage Oil agrees to sell its stakes in two Ugandan oil fields to Italy's Eni for $1.5bn (£903.2m).

Trade deal agreed in East Africa
Leaders from Kenya, Tanzania, Uganda, Rwanda and Burundi sign a common market trade agreement.


AMERICAS

US consumer confidence edges up
US consumer confidence edged higher in November after a big drop in October, figures show.

Tax credits boost US home sales
Sales of previously-owned US homes jumped by 10.1% in October as buyers rushed to take advantage of tax credits.


ASIA PACIFIC

China broker eyes Hong Kong rival
China's Haitong Securities says it will buy a 53% stake in Hong Kong's Taifook Securities for 1.82bn Hong Kong dollars.

Thai economy continues expansion
Thailand's economy grows for the second straight quarter, boosted by a strong recovery in the country's manufacturing sector.


EUROPE

EU drops Qualcomm anti-trust case
The European Commission drops its probe into claims that US chip maker Qualcomm abused its dominant position in the mobile technology market.

Eurozone activity 'accelerates'
Eurozone economic activity rose at its fastest pace in November for two years, according to an influential survey.


MIDDLE EAST

Oil price up as US reserves fall
The price of crude oil rises to $80 a barrel after figures showed a sharp fall in US stockpiles last week.

Intel in Jerusalem 'Sabbath deal'
US company Intel will stop employing Jewish workers at its Jerusalem plant on Saturdays, following a large protest rally by Orthodox Jews, reports say.


SOUTH ASIA

Reliance bids for LyondellBasell
The Indian energy giant Reliance Industries announces a bid to buy a controlling stake in bankrupt US petrochemicals firm LyondellBasell.

Reliance to expand oil business
The Indian energy firm Reliance is planning an "aggressive" oil and gas exploration campaign.



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