Alibaba gets its teeth into offline sales

Alipay payments unit in tie-up with KFC as it looks to diversify

Bendine’s words fuel hopes for Petrobras

Chief’s talk of ‘shareholder value’ promises a new departure

Amazon launches one-hour London delivery

Prime subscribers must spend at least £20 and pay £6.99 to qualify

ConAgra pulls plug on private brands unit

Group reverses course after ill-fated $5bn acquisition of Ralcorp

Greek pension funds ration payouts

Athens denies team in place planning to issue IOUs to workers

Plastics companies stretched by rising prices

Manufacturers see no gain from cheap oil

Grainger changes chief as activist circles

Crystal Amber builds stake in UK residential landlord

Sky-high demand curbs impact of cheap oil

EU and US airlines have little incentive to pass on fuel savings

Efforts grow to ease Greece contagion fear

Markets in southeast Europe upset by worries of depositor panic

IndiGo airline marks Indian IPO revival

$400m share offer raises hopes that listings will take off again

Some mergers are more equal than others

Revenge of the nerds in play with Towers-Willis $18bn tie-up

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