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17 July 2013 Last updated at 18:15 ET Global PC sales are experiencing their longest decline in history Two tech titans, IBM and Intel, have reported big drops in net income. Intel reported a second-quarter profit of $ 2bn (£1.32bn), down 29% from a year ago. For its part, IBM saw earnings for the same period fall 17% to $ ...

16 July 2013 Last updated at 19:00 ET Novice drivers could face four years of restrictions Learner drivers in the UK should face a graduated system of licences, says a new report from the RAC Foundation. The study suggests that hundreds of lives a year could be saved if a such a system were adopted. New drivers would face a ...

16 July 2013 Last updated at 18:28 ET US regulators say Barclays manipulated electric energy markets US regulator the Federal Energy Regulatory Commission has fined Barclays $ 435m (£287m) for manipulating energy markets in California and other states from Nov 2006 to Dec 2008. Barclays and four of its traders must also pay $ 34.9m to the Low-Income Home Energy ...

15 July 2013 Last updated at 10:17 ET Retail sales have steadily recovered since 2009, but more slowly than after previous recessions Continue reading the main story US trade gap at six-month high Strong US car sales drive recovery US manufacturing in June bounce-back Fed officials clarify ‘tapering’ US retail sales grew in June, but at a slower rate than ...

14 July 2013 Last updated at 19:07 ET Article written by Mark Easton Home editor More from Mark Follow Mark on Twitter Rent ‘unaffordable’ in one-third of UK Where can I afford to live? Talking down the Valleys The unbearable sadness of the valleys The troubling secrets of England’s mental hospitals ‘Excessive’ use of face-down restraint A third of Britain ...

14 July 2013 Last updated at 06:04 ET Profits have been falling at Dell as customers switch to tablet computers Billionaire investor Carl Icahn has improved his bid to thwart proposals to take computer maker Dell private. Mr Icahn is now offering the right to buy more Dell shares at a later date to his previous share buyback plan. In ...

12 July 2013 Last updated at 08:18 ET Excluding the effect of last year’s big trading loss, net revenues were largely unchanged from a year ago JP Morgan has recorded a profit of $ 6.5bn (£4.3bn) for the second quarter of 2013, up 31% from a year ago. The steep rise in profits is flattered by the heavy losses controversially ...

13 July 2013 Last updated at 12:39 ET There is no evidence of a direct link between the 787 Dreamliner’s batteries and the fire at Heathrow Airport on Friday, an investigation has found. BBC News – Business

12 July 2013 Last updated at 23:58 ET Smoke was detected from the aircraft after it had been parked at Heathrow for more than eight hours Investigators are continuing to try to establish the cause of a fire on a Boeing 787 Dreamliner at Heathrow. Airline schedules were disrupted as a result of the fire late into the night and ...

12 July 2013 Last updated at 12:10 ET Runways at London’s Heathrow airport have closed after an incident involving an Ethiopian Airlines jet. Arrivals and departures have been suspended, a spokesman for the airport said. Pictures on Twitter show an aircraft close to a terminal building surrounded by fire vehicles. BBC News – Business