Greece's four biggest commercial banks are to receive an 18 billion euros (£14.5 billion) cash injection from the European bailout fund.

Doubts over the ability of EU leaders to deliver measures to ease the region's debt crisis have triggered a 2.5% slump for London's leading shares index.

Car giants Mazda and Fiat are working together on developing and manufacturing a roadster, or two-seater convertible, although the two companies will come up with different, distinctly styled models.

FirstGroup has put more of its bus services on the block after admitting fuel costs, lower demand and reduced subsidies were hurting the division.

A new player in the small business lending market is set to emerge after building society Nationwide unveiled plans to build up a range of services in the coming years.

Regulators are examining whether Morgan Stanley, the investment bank that shepherded Facebook through its stock market flotation last week, selectively informed clients of an analyst's negative report about the company before the shares started trading.

Greece has been urged again to stick to its austerity plan as the "least difficult" way out of its economic crisis.

Most manufacturers do not believe the Government's policies are helping them, with many accusing the coalition of lack of support, according to a new study.

Online retailer Amazon has been ordered to clarify advertising about its premium one-day delivery service after customers complained that they had been left waiting for orders.

Another flare-up in Europe's debt crisis has knocked US markets lower.

A new system of regulation for the City aimed at preventing another banking crisis moved a step closer as legislation cleared the Commons.

Nearly 10% of shareholder votes have rejected Royal Dutch Shell's pay report at its annual meeting after the oil giant's boss doubled his earnings last year.