Nestlé agrees to pay all employees living wage

Food giant Nestlé has become the first leading manufacturer to commit to paying the living wage. The firm already pays at least the living wage to its 8,000 staff but the move will benefit contract employees and agency workers.

Tesco chairman pledges to turn around ailing supermarket group

The chairman of Tesco has stuck his head above the parapet for the first time defending the supermarket's "poor" performance and promising not to flinch from the tough action required to turn around the ailing UK chain.

Germany cancels Verizon contract over snooping fear

The German government has cancelled a contract with Verizon over concern that US firms may be giving data to US authorities.

Barclays shares fall 6.5% on fraud accusation

Shares in Barclays have fallen 6.52% after the New York attorney general filed a fraud lawsuit against the bank.

Sky to shut down door-to-door sales following mis-selling claims

Sky has suspended its controversial door-to-door sales operation with immediate effect, with its UK-wide team of 550 "Sky Walkers" told they face redundancy.

Nissan, Honda and Mazda in mass recall over faulty airbags

Japanese carmakers Nissan, Honda and Mazda have recalled close to three million vehicles citing faulty airbags that could potentially explode and send pieces flying inside the car.

Asos resumes trading again after fire

Online fashion firm Asos has started taking orders again after it was forced to suspend trading following a fire at its main warehouse in Barnsley.

Google considering investment in new subsea cable - WSJ

(Reuters) - Google Inc is considering an investment in a new cable across the Pacific Ocean, the Wall Street Journal reported citing people familiar with the matter.

H&M sees 'strong' spring sales

Swedish fashion retailer Hennes & Mauritz (H&M) has said "well-received" spring collections led to a "strong" second quarter.

Royal Mail: competing services threaten six day-a-week delivery

Royal Mail has warned communications watchdog Ofcom that its mandate of delivering post six days a week to any address in the UK is under threat from competing services.

Blackberry shares jump on surprise $23m profit

Shares in Blackberry jumped 12% in early trading on Wall Street after the troubled smartphone maker reported a surprise profit.

Zoopla float to value property website at £919m

Zoopla has priced its flotation in the lower half of its proposed range, valuing the property website at less than the £1bn it was seeking.

GM safety crisis grows with recall of 3 million more cars for ignition issues

(Reuters) - General Motors Co GM.N recalled three million more cars for ignition switch issues on Monday, roughly doubling the number of GM vehicles with known switch problems in a crisis that has defined the automaker and new Chief Executive Mary Barra this year.

Starbucks to pay college fees for US staff

US coffee chain firm Starbucks will pay college fees for US workers to complete a bachelor's degree online in a tie-up with Arizona State University.

Europe creates 30 $1bn-plus tech firms since 2003

Europe has produced 30 technology companies worth more than $1bn (£590m) since the millennium, according to research that explodes the myth that the region's internet entrepreneurs lack vision and sell up too early.

GM recalls more cars over ignition concerns

General Motors (GM) has recalled more than 500,000 Chevrolet Camaro cars, mostly in North America, after finding a fault with the ignition system.

Intel forecasts revenue growth on better PC sales

Intel has delivered a rare piece of good news for the shrinking PC market after the chipmaker noted a pick-up in demand.

Justin King insists Sainsbury's will not go the way of Tesco when he departs

Sainsbury's outgoing chief executive Justin King has insisted the supermarket will not unravel when he leaves – as Tesco did after Sir Terry Leahy's departure – despite revealing a second consecutive quarter of falling sales.

China's Alibaba plans US online shop

China's e-commerce giant Alibaba is launching its first online marketplace in the US - 11Main.com - as it looks to expand its operations outside China.

Two GM lawyers, quality control executive among those pushed out over switch

(Reuters) - Two product litigation attorneys and a quality control executive are among the 15 employees who have been forced out by General Motors Co (GM.N) over the company's poor handling of a defective ignition switch linked to at least 13 deaths, according to two people familiar with the decisions.

TSB announces share flotation price range

Shares in TSB will be sold at between 220p and 290p when the bank floats on the stock market later this month.

Google search results may indicate 'right to be forgotten' censorship

Google is planning to flag up search results it has censored following a controversial ruling that allows European citizens the right to demand information on them be erased.

Tesla boss Elon Musk hints at technology giveaway

Tesla boss Elon Musk has given the strongest hint yet that the firm is considering "freeing" its patents to help speed up electric car development.

Vodafone reveals existence of secret wires that allow state surveillance

Vodafone, one of the world's largest mobile phone groups, has revealed the existence of secret wires that allow government agencies to listen to all conversations on its networks, saying they are widely used in some of the 29 countries in which it operates in Europe and beyond.

GlaxoSmithKline in $105m (£63m) settlement with 44 US states

UK pharmaceutical giant GlaxoSmithKline (GSK) has agreed to a $105m (£63m) settlement with 44 US states and the District of Columbia over allegations it mis-promoted three drugs.

Tesco reports sharp fall in sales

Tesco has reported a third consecutive quarter of falling sales as the UK's largest supermarket chain faces increasing competition from rivals.

The Chinese technology companies poised to dominate the world

As we walked into Huawei's offices in Shenzhen, southern China, our English guide paused for a moment.

Apple says now sold well over 800 million mobile devices

(Reuters) - Apple Inc Chief Executive Officer Tim Cook, opening the iPhone maker's annual developers' conference on Monday, said the iPhone maker has sold more than 800 million mobile devices.

Siemens restructuring to affect 11,600 jobs worldwide

German industrial giant Siemens plans a major reorganisation of its business, affecting 11,600 workers. The restructuring directly affects 7,600 jobs worldwide, with another 4,000 potentially affected as part of changes to its regional organisation.

Rolls-Royce plans remote-controlled ships with no captain or crew on board

A fleet of giant cargo ships, up to almost a quarter of a mile long and wider than a motorway, are to crisscross the world's oceans without a captain or crew on board.