LONDON (Reuters) - The cost of car insurance has risen by almost a third in the past year, its biggest ever increase, as insurers seek to offset a sharp rise in claims expenses driven in part by fraud, AA Insurance said.div class="feedflare" a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=3qKBUhBcKJ4:mcbulqA3jkM:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=3qKBUhBcKJ4:mcbulqA3jkM:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=3qKBUhBcKJ4:mcbulqA3jkM:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=3qKBUhBcKJ4:mcbulqA3jkM:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=3qKBUhBcKJ4:mcbulqA3jkM:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/Reuters/UKBusinessNews/~4/3qKBUhBcKJ4" height="1" width="1"/

NEW YORK (Reuters) - Stocks jumped and commodities rose on Friday after data showing fewer U.S. job losses than expected reinforced other reports this week to ease fears the American economy is on the cusp of a new recession.div class="feedflare" a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=DIM95gbI-z8:jO5LWmXsO7s:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=DIM95gbI-z8:jO5LWmXsO7s:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=DIM95gbI-z8:jO5LWmXsO7s:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=DIM95gbI-z8:jO5LWmXsO7s:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=DIM95gbI-z8:jO5LWmXsO7s:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/Reuters/UKBusinessNews/~4/DIM95gbI-z8" height="1" width="1"/

Almost six million people affected by fiasco will receive letters telling them what they owe or whether they are due a rebate.

TORONTO/HONG KONG (Reuters) - Chinese officials have ordered state companies to meet investment bankers to explore ways to block BHP Billiton's $39 billion bid for Potash Corp , a source with direct knowledge of the matter said.div class="feedflare" a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=HPwV_eqq0VQ:Tay9onJmYWk:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=HPwV_eqq0VQ:Tay9onJmYWk:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=HPwV_eqq0VQ:Tay9onJmYWk:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=HPwV_eqq0VQ:Tay9onJmYWk:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=HPwV_eqq0VQ:Tay9onJmYWk:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/Reuters/UKBusinessNews/~4/HPwV_eqq0VQ" height="1" width="1"/

Brewers have launched a furious backlash against Diageo's drinks tax proposals, branding them a "ruse" to make spirits relatively cheaper.

Warren Buffett has described the new owner of Burger King as a good friend. That, if nothing else, should help Jorge Paulo Lemann get a credit card in the US if he ever wanted one.

The European Chamber of Commerce in China has launched a 650-page report detailing the protectionist hurdles that still impede foreign businesses nearly 10 years after China's accession to the World Trade Organisation. We highlight four examples of hurdles mentioned in the report.

HOUSTON (Reuters) - BP Plc removed a failed blowout preventer from atop its ruptured Gulf of Mexico oil well on Friday afternoon, a company spokesman said.div class="feedflare" a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=u_7V6DybTc4:YOQUcSp6ks0:yIl2AUoC8zA"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?d=yIl2AUoC8zA" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=u_7V6DybTc4:YOQUcSp6ks0:F7zBnMyn0Lo"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=u_7V6DybTc4:YOQUcSp6ks0:F7zBnMyn0Lo" border="0"/img/a a href="http://feeds.reuters.com/~ff/Reuters/UKBusinessNews?a=u_7V6DybTc4:YOQUcSp6ks0:V_sGLiPBpWU"img src="http://feeds.feedburner.com/~ff/Reuters/UKBusinessNews?i=u_7V6DybTc4:YOQUcSp6ks0:V_sGLiPBpWU" border="0"/img/a /divimg src="http://feeds.feedburner.com/~r/Reuters/UKBusinessNews/~4/u_7V6DybTc4" height="1" width="1"/

Oi! Yeah, you! Put down your poncy vodka and listen. No way am I having that Paul Walsh and his "bunch of morons" from Diageo in my pub - unless they change their tune on alcohol tax.

Chinese officials have ordered executives at state-owned companies to meet bankers to examine ways of blocking BHP Billiton's $40bn (£25.9bn) bid for PotashCorp, according to reports from China.

The fast-food chain's new owner hopes to reignite the sizzle in the fight against bigger rival McDonald's.

Aaron Levenstein knew how to sex up a dull subject. "Statistics are like a bikini," the late prof at New York's Baruch College once observed. "What they reveal is suggestive, but what they conceal is vital."

Travellers appear to be largely sticking with BA despite a wave of cabin crew strikes this summer.

Markets ended the week sharply higher after better-than-expected US jobs data offset a disappointing report on the state of the UK's key services sector.

Workers at Coca-Cola's bottling plant in Edmonton, north London, are to mount a series of one-day strikes in protest at what Unite, the trade union, called the company's "derisory" pay offer.

Britain and France have ruled out sharing aircraft carriers, but may pool resources including the A400M military transport plane, in order to save money.

David Cameron is preparing to re-launch Gordon Brown's 'star chamber' of industry leaders that will advise the Government on business affairs.

Autonomy was in demand as the blue-chip index finished the week 4.3pc higher, its biggest weekly rise in two months.

The IPO markets woes continue with Univar cancelling plans for a stock market listing after its private-equity owner opted to sell a 42.5pc stake in the chemicals supplier to a rival buyout firm.

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