Thu May 23, 2013 9:12am EDT. * HP jumps after raising 2013 outlook. * China manufacturing data shows contraction. * Futures off: Dow 128 pts, S&P 15.8 pts, Nasdaq 22.5 pts.

The updated figures from the Office for National Statistics showed that the UK's dominant services sector, which accounts for three quarters of national output, drove the recovery - growing 0.6pc over the three months.

The new regulator said the unit was unable to show it was giving clients the right advice. "Although no detriment to customers has been identified to date, the failings exposed customers to the risk that they would be given incorrect advice and inappropriate ...

Cutting the number of its high street stores helped Mothercare narrow losses in its UK division as the retailer attempted to yank its struggling home market into profitability by 2015.

Japanese stocks posted their steepest one-day decline in more than two years on Thursday amid record trading values, as investors grabbed an opportunity to take profits from recent, rapid rises.

Business leaders and politicians have raised concerns over the future of Inverness's links with London Gatwick. A three-times-a-day service operated by Flybe is in doubt following the airline's decision to sell all of its take-off and landing slots at Gatwick.

The Chinese figures and the plunge in the Nikkei came as the US dollar firmed after the Ben Bernanke, Federal Reserve chairman, raised the possibility of reducing the pace of its bond purchases in the face of a lasting recovery in the US jobs market.

The benefits of UK investment in renewable power that will add �100 a year to household energy bills are in jeopardy and should be bolstered with an approach that would add a further �20, the government's climate watchdog has said.

LONDON�SABMiller PLC warned weaker demand for lager in the U.S. and volatile markets in Latin America are putting pressure on its beer sales, echoing comments from other major brewers about the industry's prospects.

MailOnline, the popular celebrity-fuelled website of DMGT, reported a surge in advertising revenues in the six months to the end of March, as the publisher of the Daily Mail newspaper ramps up its efforts to increase digital revenues.