China secures senior post at IMF

China secures its first top-level post at the IMF in recognition of its growing global power, as Zhu Min is named a deputy managing director.

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EU court ruling 'blow' for eBay

Websites such as eBay may be liable for trademark infringements if they play an "active role" in promoting fake goods, the European Court of Justice says.

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Plan for 110bn energy investment

The government unveils plans for 110bn of investment in electricity generation in a new energy white paper.

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Cheque use will not be scrapped

The banking industry will not scrap the use of cheques after all, the UK's Payments Council has announced.

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Thomas Cook dives on profit alert

Thomas Cook shares plunge by more than a quarter on a warning that weak UK trading and unrest in Arab destinations will hit profits.

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Jamie Oliver ends Sainsbury's ad deal

TV chef Jamie Oliver is ending his partnership with supermarket group Sainsbury's after 11 years.

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Olympic tickets overcharge glitch

Some 700 people have been mistakenly charged twice for second round Olympic tickets, the BBC has learned.

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US trade deficit widens to $50bn

The US trade deficit widens to $50.2bn (31.7bn) in May, the highest level for 31 months.

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UK trade deficit worsens in May

The gap in the UK's balance of trade widens unexpectedly in May to 4.1bn as imports of manufactured goods surge.

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Property 'stalemate' continues

The UK property market remained flat in June, surveyors say, while government figures find that prices dipped in May.

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