Latest profits for the computer giant Apple beat most hopes with a 113% rise in iPhone sales - but iPad sales disappoint.

BP sues for billions in damages two companies involved in the Deepwater Horizon oil rig that exploded in the Gulf of Mexico a year ago.

China Mobile, the world's largest mobile operator, surpasses 600 million users after increasing its customers in rural areas.

More than 10,000 jobs will be created in the West Midlands as part of the redevelopment of Coventry Airport, its new owner says.

Yum Brands, which owns fast food chains Pizza Hut and KFC, reports better-than-expected profits for the first quarter.

The recent tax hike will lead to substantial cuts in investment and production of North Sea oil, a new report suggests.

The Australian dollar rises to an all-time high against the US dollar as producer prices came in better than expected.

Persimmon reveals signs of recovery in the UK new homes market during the first three months of the year.