Gas use up 18% on cold weather, British Gas says

Centrica, which owns British Gas, says gas use in the first four months of 2013 was almost a fifth higher than last year because of the cold weather.

UK's top companies condemned for prolific use of tax havens

The UK's 100 biggest public companies are running more than 8,000 subsidiaries or joint ventures in onshore and offshore tax havens, according to research published on Monday, raising fresh concerns about the full extent of corporate tax avoidance.

Chevrolet Corvette probed by US regulators for headlamp issue

DETROIT: US safety regulators said on Friday they have opened an investigation into possible problems with the headlights on General Motors Co's model year 2005 to 2007 Chevrolet Corvette sports cars.

Moody's downgrades Co-op Bank's debt rating to 'junk'

Ratings agency Moody's has downgraded the Co-operative Bank's debt rating to "junk" status, citing fears that it is vulnerable to potential losses.

Ford tells shareholders to be patient about stock price

WILMINGTON: The executive chairman of Ford Motor Co asked for patience from investors who pressed him about the company's languishing stock price at the automaker's annual meeting on Thursday.

Barratt says market 'most positive for five years'

Housebuilder Barratt Developments has said market conditions are "the most positive we have seen for five years".

Coca-Cola goes global with anti-obesity push; to make lower-calorie drinks

NEW YORK: Coca-Cola says it will work to make lower-calorie drinks and clear nutrition information more widely available around the world.