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Giorgio Armani settles tax dispute
The fashion house Giorgio Armani pays 270m euros (£222m; $374m) to the Italian authorities to settle a tax bill.

Electricians question CBI vote move
The body representing electrical contractors urges CBI Scotland to think again about giving its support to the campaign against Scottish independence.

'Rogue directors' crackdown planned
People convicted of commercial crimes overseas could be banned from running UK firms in an attempt to tackle "rogue directors", Business Secretary Vince Cable says.

Ex-BP worker fined over shares trade
A BP employee who oversaw the cleanup of the Deepwater Horizon oil spill in 2010 agrees to settle a charge of insider trading.

US 'delays' Keystone XL decision
The US state department gives federal agencies more time to review the Keystone XL oil pipeline before determining whether to issue a permit.

Barnes & Noble founder offloads $64m
Barnes & Noble chairman trims his stake in the bookstore company to 20% by selling shares worth $64m.

Pensioners could get death estimate
Retirees could be told how long they are likely to live after stopping work, says pensions minister Steve Webb.

Co-op Group reports £2.5bn loss
The Co-operative Group reports losses of £2.5bn, the worst results in its 150-year history, after what its chief executive calls a "disastrous" year.

Lamb takeaways 'often another meat'
Takeaway owners are to face a new testing programme, after a watchdog found nearly a third of lamb takeaways it checked contained a different meat.

Anglo Irish bank pair found guilty
Two former Anglo Irish bank chiefs have been found guilty of making loans designed to illegally prop up the bank's share price.

UK housing market 'shows resilience'
The "resilient" UK housing market recorded another increase in mortgage lending in March, according to a lenders' group.

Weibo shares surge on US debut
Shares in China's largest Twitter-like service, Weibo, went up by almost 20% on the first day of its listing in the US, despite a disappointing start.

US banking giants see mixed results
US banking giant Goldman Sachs reports a drop in net earnings while Morgan Stanley sees profits jump.

London Market Report
The pound hits its highest level in more than four years against the US dollar.