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BBC Business News

Treasury revises debt recovery plans

Taxpayers will have longer to appeal before HM Revenue and Customs can raid their bank accounts for unpaid taxes, under revised plans released by the Treasury.

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Malaysia to end fuel subsidies

Malaysia plans to end petrol and diesel subsidies from December in an attempt to save billions of dollars and reduce its fiscal deficit.

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Delta swaps Boeings for Airbus jets

American airline Delta replaces its old Boeing planes in a $14bn order for 50 Airbus wide-body jets powered by Rolls Royce engines

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Uber in Singapore taxi app regulation

Singapore plans to regulate third-party taxi booking apps such as Uber by capping fees and limiting them to use only licensed vehicles and drivers.

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Japanese PM Abe dissolves parliament

Japan's PM Shinzo Abe dissolves parliament paving the way for a snap election in December, as local media polls show a low level of support.

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Sotheby's chief executive steps down

The chief executive of renowned auction house Sotheby's, William Ruprecht, is stepping down after 14 years at the helm.

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