Latest BBC Business News:

Zoom Airlines suspend all flights
Transatlantic budget carrier Zoom Airlines suspends all operations after applying to go into administration.

Dell pricing policy hits profits
Dell says that a "strategic" effort to cut the prices of its computers, had dented its earnings.

House prices 'fall 10.5% in year'
UK house prices are down 10.5% on a year ago, the first annual double-digit fall since 1990, the Nationwide says.

UK retail sales 'at record low'
A CBI report on UK retail sales posts its worst monthly reading since it was first compiled 25 years ago.

US GDP rebounds with 3.3% growth
The US economy grew 3.3% in the second quarter of 2008, the Commerce Department said, much higher than first thought.

EU concern over phone bill trend
Some mobile phone operators across Europe have been rounding up call durations to leave customers with higher bills, the European Commission says.

British workers 'fear job losses'
More than one in 10 British workers fear they will lose their job in the next year because of the economy, the TUC says.

Higher rate savings accounts grow
More savings accounts with interest matching or topping the base rate are available than in previous years.

Diageo expects 'challenges' ahead
Diageo, owner of Guinness and Johnnie Walker, says it faces a "challenging" market after seeing little change in annual profits.

Oil above $120 on hurricane fears
Oil prices rocket above $120 on hurricane fears - before falling back in a see-saw session of trading.


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