1. Sainsbury's defends fuel hikes as it claims food inflation is slowing
J Sainsbury PLC (LSE:SBRY) defended its decision to charge motorists more at its petrol pumps after it reported food inflation was easing.
2. Mind the gap between the... mortgage and savings rates
Average easy-saver account rates currently sit 4.02 percentage points lower than the UK’s typical two-year fixed-rate mortgage.
3. BAE buoyed by new Typhoon contracts
BAE Systems PLC (LSE:BA.) won a contract with the Ministry of Defence and could strike a deal for Eurofighter Typhoon jets with Saudia Arabia.
4. The rise and fall and rise again of Yahoo!, the dot-com underdog
Yahoo! Inc. (NASDAQ:YHOO) is set to make a return to public markets through an IPO after undergoing significant structural alterations.
5. FTSE 100 dips below opening levels at the close
London's top index lost its earlier momentum to finish at 7,520 points, just eight points below opening levels for a 0.1% loss on the day.