Retailer House of Fraser agrees a £351.4m takeover bid from a consortium led by Iceland's Baugur.
Retailers attack proposals which would see most people who are arrested for shoplifting avoid a jail term.
Machinery group JCB has expressed its interest in buying car firm Jaguar from Ford.
From 1 October pension schemes will have to accommodate new laws against discrimination on grounds of age, but pension lawyers say government guidance is wrong.
British Airways calls for the break-up airports operator BAA, following concerns over market domination.
Computer giant Apple is recalling 1.8m batteries used in its laptop computers around the world.
Sales of new US homes fell by 4.3% in July, representing the biggest drop since February, official figures show.
The High Court shuts a company that was working with unauthorised share selling firms, known as "boiler rooms".
Japan's trade surplus with the rest of the world dropped slightly in July, official figures show.
Pilots at UK airline BMI have voted to go on strike in a row over pay, their union Balpa says.