Despite recent talk about private equity bids for firms such as ITV and HMV, a survey shows buy-out activity falling.
SMG, owner of Virgin Radio and the Scottish broadcaster STV, turns down a revised merger approach from UTV.
Gordon Brown warns against making unfunded tax cut after ex-minister Stephen Byers' call to cut inheritance tax.
The world's biggest music firm, Universal, has given its backing to a 'free' music downloads service.
Oil prices recover as fears of US storm damage recede, but Iran warns that its output is sluggish.
Asian workers fail to reap the full benefits of the region's growth, the International Labour Organization warns.
Shares in Australian beer and wine firm Foster's jump by more than 9% after a report says it could be a bid target.
The Co-operative Group launches a £100m revamp, introducing a new profit-share loyalty scheme for shoppers.
Japan's unemployment rate fell to 4.1% in July, official figures show, as the economy continues to recover.
UK data protection rules should be strengthened to stem a rise in identity theft, say consumer groups.