Shares in the transport company FirstGroup have plunged dramatically after it announced a £615m fund-raising rights issue in a bid to reduce its heavy debt burden.

Marks & Spencer (M&S), Britain's biggest clothing retailer, is to appoint a Frenchman to spearhead its marketing strategy as it fights to turn around flagging clothing sales.

Google chairman Eric Schmidt has met with David Cameron amid a storm over the tech giant's tax affairs.

A surge in shopping centre vacancies means almost one in every eight British stores is now empty, according to a new survey.

Internet giant Yahoo! has bought micro-blogging site Tumblr in a deal thought to be worth around $1.1bn (£723m).

One of the British newspaper industry's top bosses is poised to step down as the sector contends with an accelerating consumption shift away from printed titles towards digital media.

China's human H7N9 bird flu outbreak has cost the country's poultry industry more than £4.3bn as consumers shun chicken, government officials have said.

UK stock market investors are poised to gain their first exposure to the fracking boom sweeping the US energy market through the flotation of Bison Energy Services.

Some of Britain's most successful business leaders have accused eurosceptic politicians of abandoning the national interest to push for an EU exit.

Budget carrier Ryanair has posted record full-year earnings but warned profit growth would slow sharply in the coming 12 months.