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GM fined record $35m over late recall

The US car safety regulator has imposed a record $35m fine on General Motors (GM) for its slow efforts to report faulty ignitions in its cars that contributed to at least 13 deaths.

Read more: GM fined record $35m over late recall

   

Google loses 'right to be forgotten' case

Europe's top court has ruled that internet search giant Google will have to remove when required sensitive data produced by its ubiquitous search engine, in a landmark ruling on privacy rights.

Read more: Google loses 'right to be forgotten' case

   

London has the most billionaires in the world

London has more billionaires - in pounds sterling - than any other city around the globe, The Sunday Times has reported.

Read more: London has the most billionaires in the world

   

Apple set to buy Beats Electronics for $3.2bn

The US technology company Apple is reported to be on the verge of a $3.2bn acquisition of Beats Electronics, the headphone maker and music streaming distributor founded by the rapper Dr Dre.

Read more: Apple set to buy Beats Electronics for $3.2bn

   

China's Alibaba files for IPO in US

Alibaba Group, the biggest e-commerce company in China, is offering a deal that could turn into one of the biggest IPOs in history.

Read more: China's Alibaba files for IPO in US

   

Apple awarded $120m damages in Samsung trial

Samsung has been ordered to pay Apple $119.6m in damages, after a jury found the South Korea firm copied two of the US technology giant's patents.

Read more: Apple awarded $120m damages in Samsung trial

   

#Ukraine to get $17bn IMF aid package

The International Monetary Fund (IMF) has approved a $17bn two-year aid programme for Ukraine, as the Kiev government continues to fight pro-Moscow separatists in the east of the country.

Read more: #Ukraine to get $17bn IMF aid package

   

#India becomes world's third-largest economy

India emerged as the world's third-largest economy in 2011 from being the 10th largest in 2005 in terms of purchasing power parity (PPP), according to a new study by the world's leading statistical agencies.

Read more: #India becomes world's third-largest economy

   

Nokia sells mobile phone unit to Microsoft

Nokia has announced the completion of the $7.5bn sale of its troubled mobile phone and services division to US-based Microsoft, ending a chapter in the former world leading phone maker's history that began with paper making in 1865.

Read more: Nokia sells mobile phone unit to Microsoft

   

G7 leaders agree on new Russia sanctions

US President Barack Obama and top European leaders are moving ahead on a new round of sanctions against Russia, US officials have said.

Read more: G7 leaders agree on new Russia sanctions

   

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