Apple Watch in UK: Higher iPhone adoption and app addiction likely to help drive sales
In Britain, iPhone owners accounted for 30.8% of all smartphone users in 2014, up from 27.8% in 2013, according to eMarketer.
Sony's profit expected to more than quadruple after painful restructuring
Sony is expected to benefit from reduced costs and higher sales of display sensors and Playstation 4 gaming consoles.
Target's $19m settlement with MasterCard challenged by banks
Settlement amount is meagre as compared to actual costs and losses, according to motion filed by banks.
Europe considers more powerful regulator to control Google and Facebook
Document prepared by senior officials for EU Digital Commissioner Günther Oettinger talks about 'EU-wide body' with increased power.
Microsoft: Satya Nadella's cloud-focused strategy bearing fruit
Microsoft reports revenues of $21.73bn for third quarter, up 6% from same quarter in 2014.
Google shares up 3% on higher first-quarter revenues and earnings
Company reported revenues of $17.3bn for first quarter, up 12% from previous year.
Sainsbury's to axe 800 jobs in £500m cost-cutting drive
Sainsbury's will remove 'department and deputy managers' from some stores and replace its night shift with early morning and evening shifts.
Mercedes-Benz fined $57m in China over price fixing
Regulators in China's Jiangsu province accused company of forcing local dealers into fixing prices on luxury cars and some spare parts.
Facebook is now more 'populous' than China with 1.44 billion monthly active users
Facebook's monthly active users were 1.44 billion as of 31 March, representing an increase of 13% year-on-year.
China's manufacturing sector continues to contract despite improved overseas demand
HSBC flash China manufacturing PMI fell to 49.2 in April compared to 49.6 in March.
Bank of America agrees to pay £13.3m FCA fine for reporting transactions incorrectly
The bank had incorrectly reported more than 35 million transactions and failed to report around 121,387 transactions over seven years.
Google set to announce low-cost US wireless service soon
Intensifying competition, Google's service would allow customers to pay only for amount of data they actually use each month.
Japan set to open first nuclear plant after Fukushima disaster as court rules in favour of Sendai power station
Prime Minister Shinzo Abe looks to restart nuclear reactors to address Japan's rising energy needs, despite protests from activists.
Standard Chartered renews Liverpool shirt deal at £30m per season
New contract has time-frame of three years, running until May 2019.
Britain gives Russia's Mikhail Fridman maximum 6 months time to complete sale of North Sea assets
Britain said it would revoke Fridman's licences if sale is not completed on time.
Unit of China's state-owned firm defaults on bond payment
Baoding Tianwei Baobian Electric failed to make interest payment on bond.
Saudi Prince Alwaleed bin Talal supports James Murdoch for key role at 21st Century Fox
Murdoch is expected to takeover full responsibility as chief operating offer from president Chase Carey by end 2015.
Birds Eye brand owner Iglo Foods sold for €2.6bn to London-listed Nomad Holdings
Nomad has entered into a definitive agreement to acquire Iglo Foods from company backed by Permira funds.
Wells Fargo in talks for buying GE's $74bn commercial lending business
GE is planning to exit bulk of its financial businesses over next few years.
China to invest $46bn in building economic corridor to Pakistan
China's President Xi Jinping who has arrived in Pakistan is expected to announce deal.
EY Item Club: UK economy to grow 2.8% in 2015 as 'noflation trumps politics'
EY Item Club report also predicts 3.0% GDP growth in 2016, up from 2.9% estimated previously.
Morgan Stanley in $500m settlment talks with New York official over mortgage bond case
Settlement is expected to include some cash from Morgan Stanley as well as chunk of consumer relief.
Rolls-Royce secures £6.1bn largest-ever deal to supply engines to Emirates
Company will supply engines and related service for 50 A380 planes for Dubai's Emirates airline.
EU might reform telecom rules to address competition from Whatsapp and Skype
Draft of reforms hints that over-the-top services could be brought under same regulatory regime of traditional operators.
TrendForce: Samsung dominates smartphone market with 27.8% share
Samsung's market share has improved to 27.8% in first quarter from 24.7% in fourth quarter of 2014.
World's worst cities for traffic congestion: Istanbul, Mexico City, Moscow and more
Drivers in Istanbul and Mexico City faced with 30 minute journey in free-flowing traffic, lose no fewer than 110 hours to gridlock every year.
Ola Cabs becomes third-most valued Indian venture-backed firm at $2.4bn
Ola completed its latest funding round, generating $400m from investors led by DST Global.
Chinese owner of Volvo and London Taxi Company plans European and US entry with small car
Geely plans to build small crossover utility vehicle using common platform jointly developed with Volvo.
Japan overtakes China as largest holder of US debt
Japan had $1.224tn of US debt at end of February, while China's debt holding was $1.223tn.
India's plans to raise $6.5bn in retrospective tax would discourage foreign investors
Finance Minister Arun Jaitley said he would retrospectively tax foreign institutional investors on capital gains made in previous years.
