Canadian firm Bombardier sells 10 jets for $259m

Canadian aerospace manufacturer Bombardier has announced it has sold 10 Challenger jets for $259m (£157m) to an anonymous buyer.

Barclays fined $3.75m after record-keeping failure

Barclays has been fined $3.75m (£2.28m) by a US regulator for allegedly failing to keep proper electronic records, emails and instant messages.

Apple CEO Tim Cook's 2013 pay steady but sees part of stock award shrink

SAN FRANCISCO: Apple Inc CEO Tim Cook earned roughly the same in 2013 as in 2012, but lost part of his performance-based stock award during a year in which intense competition and margin pressure bludgeoned the iPhone maker's stock.

Toshiba to buy majority stake in UK nuclear consortium

Japanese group Toshiba has confirmed that it is in the final stages of securing a majority stake in a British nuclear power consortium, bringing a further boost to the UK's ambitious nuclear programme.

UK car production nearing six-year high, SMMT says

Car production in the UK is set to reach a six-year high of more than 1.5 million vehicles this year, the industry's trade body has said.

Rolls-Royce: SFO launches formal bribery and corruption investigation

The Serious Fraud Office has opened a formal criminal investigation into allegations of bribery and corruption at aircraft engine maker Rolls-Royce.

Royal Mail's FTSE 100 debut sparks profit-taking by shares investors

Royal Mail has been a spectacular stock market performer since its flotation in October, but its debut in the FTSE 100 yesterday was an excuse for investors to cash in some of their gains.