Fragrance firm Coty has publically withdrawn its $10.7bn (£6.6bn) bid for Avon Products, stating the US beauty firm has taken too long to respond to its offer
Samsung and Visa collaborate to kick start mass uptake of mobile payments, using the London 2012 Olympics as a starting point
O2 has launched the first 'digital wallet' intended to transform the way people manage their finances
Luxury British fashion house Burberry has reported an 18 percent rise in revenue over the past six months
Tesco is rebranding its pioneering blue and white striped Value range in favour of a new 50s inspired design
The Facebook rumour mill went into overdrive this morning, with reports suggesting that it will issue its initial public offering (IPO) of shares in May
Popular retailer Game has fallen into administration and plans to close 277 of its 609 UK stores leaving 2,104 people without jobs, signalling yet another blow to the British high street
Following the Chancellor's annual announcement, the biggest losers seem to be the over-65s but George Osborne insists everyone will reap the benefits
A new study has revealed just how valuable the internet is to modern consumers
PayPal has revealed PayPal Here, a mobile payment system, which will allow anybody to accept debit and credit card payments on the spot