Brazilian economy falls into recession with 1.9% contraction in second quarter
Earlier, the country revised down its first quarter GDP decline to 0.7% from 0.2%.
UK software firm Innovation in talks with Carlyle over £500m takeover deal
Shares in Innovation closed up 9.93% at 38.75 pence following the news.
HSBC processes '99%' of delayed salary payments
275,000 payments were held up by an IT glitch, leaving many without cash ahead of the bank holiday weekend.
Rebekah Brooks returning to News Corp as head of UK operations
Brooks was earlier acquitted of all charges related to the phone-hacking sandal at the News of the World.
UberChina to get $1bn finance to compete with Didi Kuaidi
Investors have agreed to funding that would value UberChina at about $7.5bn.
UK millionaire population rises by 41% to 715,000 over 5 years
Nearly half of the new millionaires are living outside London and the South East.
Oil prices recover on strong US economic growth figures
US gross domestic product (GDP) increased at a 3.7% annualised rate, above economists' estimates, in Q2.
Google rejects EU's antitrust complaints citing benefits to consumers and advertisers
Google says its services provide more choice for European consumers.
Barclays wins dismissal of US lawsuit inspired by best-selling book 'Flash Boys'
Lawsuit accused the bank and major US stock exchanges of preferential treatment to high-frequency traders.
Oil-field services firms Schlumberger and Cameron in $12.7bn deal
Deal values Cameron share at $66.36 apiece, representing 56.3% premium to its most recent closing price.
Bosch buys advanced battery start-up Seeo, targeting high-growth electric car market
Founded in 2007, Seeo is known for its advancements in high-energy rechargeable lithium-ion batteries.
BlackRock buys digital wealth manager FutureAdvisor
FutureAdvisor manages clients' investments based on computer algorithms.
Monsanto drops acquisition plan after Syngenta rejects sweetened deal
Monsanto said it will continue to focus on its growth opportunities built on its existing core business.
German payment processor Wirecard bidding £6bn for British rival Worldpay
A number of private-equity bidders are looking to acquire Worldpay, which is also considering an IPO.
US regulators block $6.8bn merger between energy firms Exelon and Pepco
Pepco shares fell 15.4%, while Exelon shares lost about 4% after decision by D C Public Service Commission.
Airport retailers urged to pass on £2.5bn-a-year VAT savings to passengers
Kabbee, a minicab booking app, launched a Change.org petition to urge duty-free retailers to change their behaviour.
Ashley Madison hack: IBM and HP have largest number of cheaters among tech firms
IBM has 311 employees registered with Ashley Madison, while HP has 160 employees.
Monsanto sweetens offer for Syngenta to $47bn
Syngenta earlier rejected a $45bn offer, saying it fundamentally undervalued its prospects.
Lloyds shares continue to fall as Osborne plans stake sale within a year
On 25 August, Lloyds shares are trading down 3.15% at 73.46 pence as at 6.24am GMT.
Korean chipmaker SK Hynix announces $38bn investment in 3 new plants
New plants would have updated production techniques to boost company's competitiveness in the ever-evolving semiconductor sector.
Ashley Madison hack: Infidelity site and parent company Avid Life Media faces lawsuit in US
Lawsuit brought by a man identified only as John Doe in California seeks class-action status.
Zurich Insurance seeks to extend deadline to announce RSA deal
The deadline for the Swiss insurer to table a formal offer for RSA is set to expire on 25 August.
Swiss authorities 'probing' link between banking sector and Malaysian state fund
Investigation is focused on 1Malaysia Development Bhd fund (1MDB), whose advisory board is headed by PM Najib Razak.
BT accuses Verizon, AT&T of hurting competition with infrastructure monopolies
The two companies control about 80% of US's "special access network", the telephone and broadband lines used to carry data.
BHP-Billiton spin-off South32 to cut costs and capital expenditure
Company announces cost-cutting plans in its first financial results since its spin-off in May.
Oil prices at new 6.5-year lows; Brent and WTI fall below $45 and $40 respectively
Brent crude is down 2.38% at $44.38 per barrel as at 4.15am GMT, while WTI crude declined 2.92% at $39.47.
Private equity firms team up for Tesco's $6bn South Korean unit
Sale is expected to be Asia's biggest ever private equity deal.
Alibaba shares plunge closer to $68 IPO level
Shares closed 3.04% down at $68.18, taking the stock to a new 52-week low, amid a rout in US stock markets.
Ashley Madison hackers: 'Avid Life Media is like drug dealer abusing addicts'
Impact Team which hacked Ashley Madison explains its motivation behind the attack.
Uber seen projecting three-fold rise in 2015 bookings worth $10.84bn
Bookings reached $2.91bn in 2014 and $687.8m in 2013, according to a presentation.
