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BBC News | Business | UK Edition

Oil prices seen steady below $50
Oil prices steady on Friday after hitting their lowest level in three-and-a-half years a day earlier

Gap profits higher than expected
American clothes retailer Gap defies Wall Street forecasts and reports higher-than-expected third quarter net profits.

Asbestos victims win 'test case'
Asbestos-related cancer victims and their families have won an important test case over access to compensation.

Japan keeps rates at 0.3%
Japan's central bank keeps its key rate unchanged at 0.3% on Friday but warns of an uncertain outlook.

Italian telecoms talks collapse
Hutchison Whampoa subsidiary 3 Italia fails to reach a merger agreement with Telecom Italia because of price disagreements.

No agreement for US car bail-out
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.

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