- The Australian government has reached a deal with mining companies over controversial tax plans.
- Toyota has announced it will recall 270,000 cars worldwide because of an engine fault.
- Disappointing manufacturing reports from China and Europe have worried investors, raising concerns over the strength of the global recovery.
- The Times newspaper has begun charging readers to access its online content.
- Graduate unemployment could hit record levels due to planned public spending cuts, a research body has warned.
- Relief that a second day of lending by the European Central Bank (ECB) to commercial banks passed off without any nasty surprises helped boost the euro on Thursday.
- Greater protection to prevent mobile phone and computer users from running up large data bills when overseas has come into force across the EU.
- Contracts for sales of previously-owned homes plunged a record 30% in May, far higher than expected.
BBC Business News 2nd July 2010
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