Toyota raises full year profit forecast

The world's biggest carmaker, Toyota, has raised its profit forecast as the yen's weakness and cost-cutting measures helped lift its earnings.

BlackBerry Takeover Bid Collapses; CEO Heins Ousted

BlackBerry Ltd. (BBRY), coping with the collapse of a $4.7 billion buyout by Fairfax Financial Holdings Ltd. (FFH), will raise $1 billion in convertible bonds and seek a new chief executive officer for the struggling company.

Ryanair shares plunge after warning over profits

Ryanair shares have slumped 13% after the company warned that profits are likely to fall this year. It now expects to make a profit of between 500m euros (£423m; $674m) and 520m euros for the financial year ending in March, down from its previous projection of 570m euros.

London super rich give private jet market a lift

A new generation of the super rich buying expensive properties in London are providing a spin-off for the corporate and private jet market.

Facebook revenue surges 60% on strong ad sales

Social network giant Facebook reported a 60% surge in revenue, to $2.02bn (£1.26bn), in the third quarter. Revenue from advertising grew by 66% to $1.8bn, with nearly half of that coming from mobile ads.

Nissan, facing growing pains, reshuffles management

TOKYO: Nissan Motor Co said Chief Operating Officer Toshiyuki Shiga would step aside from the No.2 post to a job handling external affairs in a management makeover as the company grapples with quality issues amid an ambitious drive to boost market share.

Sony lowers profit forecast dramatically after movie loss piles on the misery

The flop of the film White House Down has added to earnings woes at Sony in the latest quarter, dragging the entertainment and electronics giant to a 19.3bn yen (£122m) loss.