Global markets tumble on Chinese data and US warning

There's an economic storm a-brewing today, after weaker-than-expected Chinese data shocked markets, and the US Federal Reserve revealed that it might slow down its money stimulus.

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• Again? IMF pipes up on UK austerity to Osborne's chagrin
• Energy giant SSE profits jump, higher prices to come

Mothercare soils nappy with £21.5m annual loss

A rather nasty present for shareholders from high street retailer Mothercare today. But it'll cause less of a stink than the £103m loss from the previous year.

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• Mothercare's bump shows after turnaround plan
• Mothercare toddling back towards profitability

Glimmer of hope for HP as turnaround kicks in

It's not often that a drop in profits is met with a sprightly jump in share price. But that's what happened to HP today.

Wheels come off at Halfords as profits drop 25%

The car parts and bicycle retailer has revealed its pre-tax profits have plummeted by almost 25% compared with last year to £71m.

Waitrose boss Mark Price 'refusing' to meet Ocado chief

Mark Price is apparently refusing to speak to the boss of Ocado, after the latter confirmed a tie-up with Morrisons.

Again? IMF pipes up on UK austerity to Osborne's chagrin

Chancellor George Osborne must be getting annoyed now. The IMF has decided to weigh in, yet again, with a negative view on Britain's austerity programme, but offers no ideas for solving the economic woes...

Xbox One: 'This is rocket science,' says Microsoft

Last night, in Richmond, Washington, the all-new Xbox One was unveiled. 'It changes everything,' said Xbox exec Marc Whitten, without a trace of hyperbole.

Energy giant SSE profits jump, higher prices to come

If you were already gawping at the size of your most recent gas bill, brace yourself for even more incredulity. SSE has posted record profits and yet is warning it may have to up prices further.

Another weather-beating for the high street

The ONS has revealed that retail sales were down 1.3% in April compared with the previous month. BUT there could be light at the end of the tunnel...

UK government borrowing falls. Well, kinda

Public sector borrowing for 2012-13 has fallen 30% on the previous year to £85.1bn. But that's mainly because of the transfer of the Royal Mail pension fund.

City surprised as inflation dips and pound falls

Better-than-expected inflation figures have taken the financial markets by surprise, dropping to 2.4% in April. Could the squeeze finally be abating?

Battersea developer romps home with $1bn sales

The developers of the Battersea Power Station complex have sold $1bn worth of properties as of Monday, making it one of the fastest-selling London developments ever.

Ryanair swoops in on Auschwitz opportunity

More woe for Bolland as M&S splutters

G4S boss Buckles shown the emergency exit

Entrepreneur Q&A: Felix Velarde, Underwired

Senate takes a bite of Apple, sees terrible tax truth

Third of British women would choose weight loss over pay rise

JP Morgan boss faces investor wrath

High inflation has 'cost the UK £10bn', says report