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Economy BBC
Cautious optimism at G8 meeting
G8 finance ministers say the global economy is strong but are concerned about high and volatile energy prices.
BP boss says oil prices will fall
Lord Browne, the chief executive of BP, sees oil prices falling from near-record levels as more crude is found.
US trade deficit reaches $63.5bn
The US trade deficit reaches $63.5bn in April, on track for a record annual figure and driven by higher oil prices.
Zimbabwe's inflation soars
Zimbabwe's inflation rate continues its upward trend, hitting 1,193.5%, making it ever harder for ordinary people to survive.
OECD says tariff cuts worth $44bn
Cutting trade subsidies and tariffs in half could contribute an extra $44bn to the global economy, says the OECD.
Pensions 'damaging UK growth'
UK economic growth is being damaged by high workplace pension costs, an industry body has warned.
UK trade gap expands to £5.75bn
The UK's trade gap widens to £5.75bn in April as exports fall, figures from the Office for National Statistics show.
Indian stocks in strong comeback
Indian share prices rebound, jumping by over 5% and breaking a five-day losing run.
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