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Economy BBC

Oil eases after Iran nuclear move
Oil prices dip slightly after Iran reacts more positively than expected to international proposals for limiting its nuclear growth.

Markets steady after recent falls
European stock markets make gains after Tuesday's heavy falls but inflation fears mean investors are still wary.

Cambodia told to pay back aid
The World Bank calls on Cambodia to repay funds which it says were misspent on key development projects.

World Cup boost for UK retailers
Retail sales rose in May, helped by warmer weather and the approach of the World Cup, a survey says.

Japan unblocks aid loans to China
Japan's government will release delayed aid loans to China, amid signs of an improvement in relations.

MPs criticise tax credits again
A committee of MPs says HM Revenue & Customs is ignoring the extent to which its own errors have led to tax credit overpayments.

Australia in nuclear power review
Australia is to study whether to build a nuclear power industry, after decades of shunning the idea.

Bernanke voices inflation fears
The Federal Reserve chief warns US rates may have to rise to check inflation despite slowing growth.


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