A trustee charged with recovering money for victims of Bernard Madoff's fraud scheme says he has secured a further $1bn settlement.

US coffee giant Starbucks reports a sharp rise in profits and increases its full-year forecasts as global sales continue to grow.

House prices are stabilising, according to the latest monthly report from the Nationwide building society.

Vodafone shareholders will receive a return on the investment in Verizon Wireless after the US telecoms firm approved a $10bn dividend.

Japan's economy continues to recover from the aftermath of the earthquake and tsunami, latest government data shows.

Nintendo shares plunge on the Tokyo stock exchange a day after the company reported a loss in the first quarter.

Samsung becomes the latest big electronics maker to report a drop in profits, due to a weak demand for TVs.

Apple overtakes Nokia and Samsung as mobile phone makers ship 361m handsets in the second quarter of this year, a report says.