Morning Wrap: today's top business stories

News stories from around the web.

New Statesman

Archbishop of Canterbury 'furious' over Church investment in Wonga (BBC)

The Archbishop of Canterbury is understood to be "furious" after the Church of England confirmed it invested indirectly in online lender Wonga.

Amazon reports unexpected quarterly loss (FT)

Amazon posted an unexpected net loss that sent its shares lower, a result likely to stoke questions about the online retailer’s ability to generate long-term profits.

Samsung expects slower smartphone growth in Q3 (FT)

Samsung Electronics said smartphone sales growth would continue to slow in the third quarter, as it reported that earnings at its flagship division were pulled down by high marketing costs in the three months through June.

Halliburton admits it destroyed Gulf of Mexico evidence (Telegraph)

The American contractor that worked for BP on the Deepwater Horizon oil rig has admitted destroying evidence relating to its explosion in 2010 – an accident which sparked the biggest oil spill in US history.

Number of new homes hits 5-year high, says industry (Telegraph)

The number of homes being built in the UK has reached its highest in five years, according to industry figures.