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May 31, 2014

Google sets up 'right to be forgotten' form after EU ruling

Google has launched a service to allow Europeans to ask for personal data to be removed from online search results.

May 30, 2014

White and male, Google releases diversity data

SAN JOSE, Calif. (AP) — In a groundbreaking disclosure, Google revealed how very white and male its workforce is — just 2 percent of its Googlers are black, 3 percent are Hispanic, and 30 percent are women.

May 29, 2014

Nationwide warns of 'natural correction' in house prices

Nationwide building society has warned the London housing market may face a "natural correction". The mutual's chief executive, Graham Beale said there was already a "slowing down in the market place".

May 28, 2014

May 27, 2014

Apple wants retrial in Samsung patent case

Apple is requesting a retrial after a Californian jury ordered Samsung to pay the US company $119m (£71m) in damages for infringing two of its patents.

May 26, 2014

General Motors recalls more cars over fire safety fears

US car giant General Motors has announced it will recall another 218,000 cars in the US over fire safety fears.

BP chief says firm's Russia business unaffected by sanctions on Rosneft CEO

ST PETERSBURG Russia (Reuters) - Sanctions imposed on the chief executive of Rosneft over the Ukraine crisis have not impacted BP's business with the Russian oil producer, Interfax news agency quoted BP chief executive Bob Dudley as saying on Saturday.

May 25, 2014

May 24, 2014

Barclays Bank fined £26m for gold price failings

Barclays Bank has been fined £26m by UK regulators after one of its traders was discovered attempting to fix the price of gold.

U.S. factory data upbeat, euro zone business stays strong

(Reuters) - U.S. manufacturing growth picked up to a three-month high in May, while private business activity in the euro zone grew at just under its fastest pace in three years, surveys showed on Thursday.

May 22, 2014

BP appeals to US Supreme Court over Gulf oil payments

BP has appealed to the US Supreme Court over a ruling regarding how businesses must be compensated in the wake of the 2010 Gulf of Mexico oil disaster.

May 19, 2014

Apple and Google settle patent row

Mobile phone industry giants Apple and Google have agreed to dismiss lawsuits they had brought against each other over technology patents.

May 18, 2014

Wal-Mart blames cold weather for fall in profits

The world's largest retailer, Wal-Mart, has reported a fall in profits due to particularly cold winter weather.

May 17, 2014

Vietnam's anti-China protests force Foxconn shut down

The Vietnamese protesters are angry about China's deployment of an oil rig into waters that both countries claim as sovereign territory.

May 16, 2014

GM's recall total nears 13 million worldwide

General Motors has recalled another 3 million autos, bringing the troubled automaker's total for the year to 12.8 million worldwide.

May 15, 2014

UK executive accused in GlaxoSmithKline China probe

Chinese police have accused a British GlaxoSmithKline (GSK) executive of ordering staff to bribe hospital officials to use its medical products.

May 14, 2014

Apple Wins a Battle Against Samsung... But Not Where You Think

Apple (NASDAQ: AAPL ) and Samsung (NASDAQOTH: SSNLF ) continue to duke it out in the mobile electronics wars as Apple's latest incarnation of the iPhone, the iPhone 5, goes up against Samsung's just-released Galaxy S5.

May 13, 2014

May 12, 2014

Co-op Group's stake in Co-op Bank set to fall

The Co-operative Group is set to see its 30% stake in the Co-op Bank reduced further under a plan to shore-up the bank's finances.

May 11, 2014

GM to invest $12 bn in China and plans more plants

BEIJING: US car giant General Motors Corp (GM) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it steps up its presence to compete with aggressive rivals in the world's largest auto market.

May 10, 2014

Sony to close e-reading store in Europe, Australia

[TOKYO] Sony is to shutter its ebook Reader Store in Europe and Australia following a similar pullout in North America, the company has said, as the once-mighty electronics giant pulls in its horns.

May 09, 2014

Toyota profit nearly doubles to $17.8bn

Japanese carmaker Toyota has seen its profits nearly double, boosted by the yen's weakness and cost cutting. It made a net profit of 1.82 trillion yen ($17.8bn; £10.5bn) in the year to 31 March, up from 962bn yen a year ago.

May 08, 2014

Twitter ads get language targeting

Social networking giant Twitter has introduced a new feature that will allow advertisers to target users on its platform based on their language.

May 07, 2014

Barclays profits dragged down by investment bank slump

Profit at Barclays' investment bank almost halved in the first quarter after a slump in income at its rates and currency business.

May 06, 2014

Tiger Airways shares slump on widening losses

Shares in Singapore-based budget carrier Tiger Airways slumped by as much as 8%, to a one-month low, after it posted widening losses.

May 05, 2014

Labour should reform the railways, prospective MPs say

Labour should renationalise the rail industry if it wins the next election, a group of 31 prospective MPs has said. In a letter to the Observer, they said services should be returned to public ownership when current franchises end.

May 04, 2014

Samsung ordered to pay Apple $120m for patent violation

An American jury has ordered Samsung to pay $119.6m to Apple for smartphone patent violations, far less than Apple had sought and marking a big loss for the iPhone-maker in the latest round of the two companies’ worldwide litigation.

May 03, 2014

AstraZeneca rejects Pfizer's $106 billion bid

AstraZeneca has rejected Pfizer's sweetened takeover bid, describing the proposed $106 billion deal as inadequate.

May 02, 2014

Rolls-Royce blames strength of pound for profit slump

The strength of the pound and a one-off charge for fixing a product problem will reduce Rolls-Royce's profits by £70m this year.

May 01, 2014

Japan Airlines profit hit by weak yen and higher costs

Japan Airlines (JAL) has reported a dip in full-year profits, which it says is mainly due to the weaker yen pushing up costs.