Business headlines

MAJOR GAS FIELD GIVEN GREEN LIGHT
Production on the largest new oil and gas field to have been discovered in the North Sea for a decade is approved.

FASLANE DEALS 'TO SECURE 6,700 JOBS'
Chancellor George Osborne announces more than £500m of contracts for the Royal Navy's submarine base at Faslane, securing 6,700 jobs.

CHINESE SHARES LEAD ASIA LOWER
Chinese shares are lower on fears of further market volatility and ahead of economic data expected to point to a further economic slowdown.

NATWEST BANK HIT BY NEW IT GLITCH
NatWest Bank is experiencing some problems with its online banking system, meaning customers cannot access web services.

VW AND SUZUKI SETTLE FOUR-YEAR DISPUTE
The International Chamber of Commerce rules that VW should sell its stake in Suzuki, ending a four-year dispute between over their failed partnership.

'MASSIVE GAS DISCOVERY' OFF EGYPT COAST
Italian energy group Eni says it has found one of the world's largest natural gas fields off Egypt's coast.

INQUIRY INTO RESTAURANT TIPPING ABUSE
The abuse of tipping by restaurants is to be the subject of an investigation launched by Business Secretary Sajid Javid.

CHINA PUNISHES 197 OVER STOCK 'RUMOURS'
Chinese authorities punish 197 people for spreading rumours online about the recent stock market crash and fatal explosions in Tianjin.

RATE RISE ON AGENDA DESPITE CHINA WOES
Bank of England governor Mark Carney says the decision on when to raise UK interest rates is still likely to be made at the end of the year, despite China's slowdown.

HSBC GLITCH PAYMENTS 'ALL PROCESSED'
A computer glitch that delayed 275,000 HSBC payments has now been resolved, the bank tells the BBC.