Business Blog

Ukraine say it will not pay in advance for Russian gas at Gazprom's new, higher price, despite Russian claims that the nation owes too much and needs to pay.

Vibram, the maker of FiveFingers "barefoot running shoes", agrees to a $3.75m class-action settlement over accusations the firm overstated the health benefits of the shoes.

The European Central Bank keeps its benchmark interest rate at 0.25%, but bank chief Mario Draghi hints it may act soon to counter low inflation in the eurozone.

Barclays says it will cut 19,000 jobs by the end of 2016, including 7,000 from its troubled investment bank.

BT reports its first rise in consumer revenues after strong demand for fibre optic broadband and on demand TV.

Nigerian businessman Aliko Dangote says he will invest $2.3bn (£1.35bn) in the north of the country, where an insurgency has sparked international concern.