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BBC Business

US Fed chief warns of share 'danger'
Federal Reserve chief Janet Yellen told IMF managing director Christine Lagarde there are "potential dangers" in high stock market valuations.

Tycoon sells tyre firm for £50m
One of Scotland's most successful entrepreneurs has sold his tyre-fitting business for £50m to Michelin.

Sainsbury's in first loss for 10 years
Supermarket group Sainsbury's reports its first full-year loss for 10 years, after writing down the value of its stores.

Drone use to be expanded in US
The US aviation regulator has asked three firms to help it explore how drone use could be extended and has also unveiled a drone app for pilots.

EU wants travel access to iPlayer
The EU's plan for a "digital single market" could result in UK citizens being able to continue using iPlayer across Europe.

Crash trader: 'I did nothing wrong'
A UK financial trader accused of contributing to the 2010 Wall Street "flash crash" protests his innocence in court claiming he did not "do anything wrong".

Poundland invites scrutiny over deal
Discount store Poundland has invited the competition authorities to move to a full review of its proposed tie-up with rival 99p Stores.

UK services growth at eight-month high
The UK's services sector saw its fastest growth in eight months during April, a survey indicates.

Glaxo scraps float plan for HIV unit
UK pharmaceuticals firm GlaxoSmithKline decides to keep its full stake in ViiV Healthcare after robust sales of the unit’s HIV drugs.

Sainsbury's shares fall on losses
The FTSE 100 closed higher despite shares in Sainsbury's falling 3.16% to 266.30p after reporting its first full-year loss for 10 years.

French banks' profits beat forecasts
Two of France's leading banks, Societe Generale and Credit Agricole, report higher earnings, helped by a recovery in Europe's economy.

Profits halve at Murdoch's News Corp
Rupert Murdoch's News Corp, owner of The Times and The Sunday Times newspapers, sees third quarter net profits fall 52%.

Oculus headset on sale in early 2016
Facebook's virtual reality division Oculus reveals when its much anticipated headset will go on sale to the public.

Wasps rugby club calls £35m bond mark
English rugby union club Wasps, which plays at Coventry's Ricoh Stadium, has hit its £35m target with the sale of its seven-year bond.