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Economy BBC

US consumer confidence recovers
American consume confidence recovers slightly in June, helped by a dip in petrol prices, according to a report.

Bank of Japan boss shows assets
The embattled Bank of Japan boss gives more details of his finances in a bid to calm an investment scandal.

German firms hit confidence high
German business confidence has unexpectedly climbed in June, hitting its highest level in 15 years, a report says.

Increases in pay 'averaging 3%'
UK pay rises are averaging 3%, with few people getting bigger wage rises than a year ago, research says.

Nabucco gas pipeline is approved
A $5.8bn gas pipeline from central Asia to Austria, aimed at cutting dependence on Russia, gets the go-ahead.

Women rush to mobile gaming
Women players are responsible for two-thirds of the sales of mobile phone games, a survey reveals.

US home sales defy rate rises
Sales of new homes in the US are stronger-than-expected in May, as the property market shows continued resilience.

Ofgem plans big energy upgrade
UK energy regulator Ofgem urges gas and electricity network operators to invest £4bn in the next five years.


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