Fed hints at looming US slowdown The Federal Reserve hints at a possible slowdown in US growth in its latest Beige Book report on the state of the economy.
US price growth fuels rate fears Rising energy costs push up US consumer prices in May, raising the possibility of a further rise in interest rates.
United Airlines to axe 1,000 jobs United Airlines says it will cut 1,000 jobs by the end of the year as part of plans to reduce costs by $400m.
iPod 'slave' claims investigated Apple is investigating newspaper allegations about working conditions in some of its iPod factories in China.
Anger at EU cap on mobile charges Mobile phone companies accuse Brussels of heavy-handedness in its efforts to limit roaming charges.
Chile approves Andes gold project Chile approves plans by an international company to mine for gold in the Andes despite environmental concerns.
Bayer buys Schering stake German drug firm Bayer has won its fight to take over rival Schering after a rival agreed to sell its shares.
Storm subsides on world markets Global markets pause for breath, with sentiment buoyed by US gains, after the recent global sell-off.
Further rise in UK jobless total The UK jobless total rose by 77,000 to 1.61 million between February and April, official figures show.
