- Greece has successfully sold government bonds in its first attempt since the huge EU-IMF loan bail-out was launched in early May.
- BP will do a key test on its leaking Gulf of Mexico well to see if the flow of oil can be shut off.
- Indian outsourcing giant Infosys has reported 2.4% a fall in profits between April and June.
- EU finance ministers have given final approval for Estonia to adopt the euro as its currency on 1 January 2011.
- International ratings agency Moody's has downgraded Portugal's sovereign debt rating, citing worsening public finances and weak growth prospects.
- British luxury goods store Burberry enjoyed 24% underlying revenue growth in the first quarter of the tax year.
- Avtovaz, Russia's leading carmaker, returned to profitability in the April-June period thanks to a Russian car scrappage scheme launched in March.
- UK inflation slowed for a second month in June, to 3.2% from 3.4% in May.
- Businesses can and should take a key role in stemming biodiversity loss around the world, a report concludes.
BBC Business News 13th July 2010
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