- China's frothy property market may have peaked after a government clampdown on speculators, new data has shown.
- BP shares have risen sharply on speculation it may have buyers lined up for possible asset sales.
- Shares in Falkland Oil & Gas (FOGL) have fallen sharply after the company said it would give up on one of its oil wells, not far off the coast of the South Falklands.
- Spanish bank Santander has signed an agreement to buy Swedish bank SEB's German business for 555m euros (£466.5m, $699m).
- The Vatican has seen its third consecutive financial loss, with a 4.1m euros (£3.4m; $5.2m) deficit in 2009.
BBC Business News 12th July 2010
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