Business News

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Facebook Shares Tumble By 13% On Second Day

Facebook shares dropped by more than 13% on their second day of trading.  

Video: High Anxiety Over Cameron's Austerity Call

"Austerity or you're out" is the uncompromising message from David Cameron and the other leaders of the advanced economies to the people of Greece.

Video: 'Greece Should Default But Remain In Euro'

Greece should default on its debt and negotiate a relaxation of the austerity measures demanded by the eurozone, a former policymaker of Argentina has advised.  

Video: Ryanair Warning Despite Record High Profits

Europe's biggest budget airline has reported a 25% rise in profits but warned that the outlook for the coming year is not as rosy.

Video: Single 30% Tax Rate 'Essential' For Growth

A single 30% rate of income tax and further public spending cuts are needed to boost growth, according to a report backed by a campaign group and business leaders.

BSkyB Chief Says Company Is 'Independent'

BSkyB chief executive Jeremy Darroch has told Jeff Randall that the company is independent and not controlled by the Murdochs.

Samsung Vs Apple: Bosses To Try Mediation

The bosses of Apple and Samsung are to come face-to-face in court in an attempt to resolve their bitter legal war over smartphone patents.

Video: Cable Attacks Plans To Make Sackings Easier

Plans to strip down labour rights and make it easier for firms to sack under-performing staff have been labelled "complete nonsense" by Business Secretary Vince Cable.

Video: Greece Crisis Threatens To 'Open Door To Hell'

Greece's former finance minister has told Sky News that if Greece reneges on its bailout deal with the EU and the IMF it will "open the door to hell".

Petrol Price Wars: Good News At The Pumps

Hard-pressed motorists can expect more relief at the pumps with another supermarket chain announcing a cut in fuel prices.