There have been street battles in Bangladesh for a second day as workers in Dhaka's textile factories vent their disappointment with a planned wage rise.

Ben Thompson looks at Dubai's role on the new frontline of sanctions on Iran.

In this week's Your Money Sally Eden looks at tax credits and child trust funds.

Power cuts in the emirate of Sharjah have been causing a raft of problems for businesses, with whole districts having to be shut down.

A consortium headed by Hong Kong billionaire Li Ka-Shing has agreed a deal to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).

Incoming BP chief executive Bob Dudley has said it is time to scale back some parts of the oil spill clean-up in the Gulf of Mexico.

In Dubai's port area, the renewed clampdown by the US on trade with Iran is hurting many legitimate, local businesses.

WASHINGTON (Reuters) - Spain's fiscal consolidation plan is ambitious but based on potentially optimistic economic projections and targets should be made more credible, the International Monetary Fund said on Friday.

LONDON (AFP) - Europe's main stock markets fell on Friday as investors looked ahead to key economic growth figures from the United States, after dissecting news of a major takeover, company earnings and eurozone data.

The US economy grew 2.4% during the second quarter, according to figures published by the US government.

Turkey is facing a difficult decision after the EU approved an embargo on foreign trade with Iran this week.

British Airways has revealed a loss for the April-to-June quarter after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud from Iceland.

Work and Pensions Secretary Iain Duncan Smith says welfare reform will be "humanizing" rather than "finger wagging"

Tom Feilden investigates whether the lessons on food security from the fuel protests 10 years ago have been learned

Young French people having difficulty finding affordable housing are being given the chance to help older members of society and put a roof over their own heads.

With nearly one in five people unemployed, the economic future looks bleak in Puerto Rico.

As BP's rivals count the cost of a ban on offshore drilling, the tide of lawsuits arising from the oil spill in the Gulf of Mexico has washed up in a federal courtroom in Idaho.

A look at how Iran's shipping industry stays one step ahead to minimise the impact of international sanction.

A raft of European firms have announced bumper profits, fuelling hopes that the economy is on the right track following the recession.

Japanese electronics giant Sony is back in profit, after large losses in 2009/10.