Eurozone retail sales post fall
Retail sales in the eurozone fell more than expected in May, a further sign of the slowing economy, data shows.
Rogue trades cost oil broker $10m
A rogue trader at a London-based oil brokerage causes his employer to lose $10m (£6m) after making unauthorised trades.
Construction sees sharp slowdown
The UK construction sector is expected to shrink by 16% in 2009, according to an industry body.
Sahara gas pipeline gets go-ahead
Nigeria, Niger and Algeria agree to build a multi-billion-dollar gas pipeline across the Sahara.
US job losses worse than expected
The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected.
IMF refuses new aid for Zimbabwe
The International Monetary Fund tells Zimbabwe it will not provide more funds until it has settled its existing $1bn debts.
Pension view 'not radical enough'
The author of an influential report into the future of pensions in the UK tells the BBC his proposals were not radical enough.
Europe nears gas pipeline accord
Five European governments are due to sign an agreement on 13 July for a major new pipeline from Central Asia.
California in 'fiscal emergency'
Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $24.3bn (£14.5bn) deficit.
Indian growth of 7% 'is possible'
Economic growth of 7% in India is possible this year, according to a report from the country's finance ministry.
Eurozone unemployment up again
The unemployment rate in the 16 countries using the euro rose to 9.5% in May, according to official EU statistics.
Euro interest rates kept on hold
The European Central Bank keeps its key interest rate unchanged at 1% following its monthly meeting.
More defaults expected on loans
Defaults on loans have risen and are expected to increase in the coming months, a Bank of England survey finds.
Signs of recovery for UK industry
UK manufacturing shrank at its slowest pace for a year in June, a survey says, adding to hopes the worst of the recession is over.
Irish joblessness at 13-year high
The Irish Republic's unemployment rate hit 11.9% in June, the highest since April 1996, official figures show.
