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BP to pay £12bn for Gulf oil spill
BP has reached an $18.7bn (£12bn) settlement with the US Department of Justice following the 2010 Gulf of Mexico oil spill.

Greece needs even more money - IMF
Greece will need an extra 50bn euros over the next three years to stabilise its finances under the existing, disputed bailout plans, the IMF says.

US sees slower jobs growth in June
Weaker US employment figures and a fall in factory orders for May dampen expectations of an imminent interest rate rise.

House price growth 'at two-year low'
The annual rate of house price growth slowed again last month, the Nationwide building society says, falling to a two-year low of 3.3%.

Dixons Carphone in deal with Sprint
Dixons Carphone has signed a deal with US telecoms firm Sprint that will see it open and manage Sprint-branded stores in the US.

Facebook to pay video clip creators
Facebook is to start sharing revenue from advertising with video creators.

UK construction output 'accelerates'
Activity in the UK construction industry grew last month at its fastest pace since February, a survey suggests.

Amadeus in $830m airline IT deal
Spanish travel technology firm Amadeus agrees a deal to buy Navitaire, a subsidiary of consulting group Accenture, for $830m.

Greece contagion risk 'low' for UK
Sir Jon Cunliffe, the deputy governor of the Bank of England, tells the BBC Greece is in a "very dangerous situation", but says actions have been taken in the UK to prevent contagion.

Saudi prince to give away $32bn
Saudi Arabian billionaire Prince Alwaleed bin Talal, one of the world's richest people, says he will donate his entire $32bn fortune to charity.

John Lewis fee for click and collect
John Lewis says it will start charging to use its click and collect service, where customers buy goods online and pick them up in store.

Bank accounts 'top' target for fraud
Current accounts have become the number one target for financial fraudsters in the UK, according to data company Experian

Robots on the march
A range of robots are on display at the Innorobo event in France, including the most advanced domestic robot to go on sale to the public.

Non-stick mayo jars being developed
Norwegian mayonnaise maker Orkla signs a deal to use a non-stick coating in its food products.