Microsoft muscles into YouTube territory with new video advertising service

Microsoft is to launch a new video advertising service in Britain as it seeks to grab a share of the market that is dominated by Google’s YouTube.

GM adds 824k small cars to ongoing recall

General Motors is adding 824,000 more cars to an ongoing recall over defective ignition switches that have caused some engines to shut off and to disable airbags.

BlackBerry revenues fall below $1bn but John Chen sees signs of recovery

Struggling smartphone maker BlackBerry saw its quarterly revenues fall below $1bn (£601m) for the first time in seven years in the three months to March, recording its ninth successive quarter of operating losses and ending its fiscal year with net losses of $5.8bn.

Candy Crush maker's shares collapse after IPO

Wall Street proved immune to Candy Crush’s charms Wednesday as shares in King Digital, the company behind the mobile gaming phenomenon, dropped 16% on their debut.

Airbus to supply 70 jets to China, worth more than $10bn

European aviation giant Airbus has signed a deal to supply 70 jets, worth more than $10bn (£6bn), to China's state-owned purchasing agency.

Co-op Bank’s ethical investors fret over another £400m hole

The stricken Co-op Bank has abandoned plans to float this year as it admitted it needs a further £400m just three months after raising £1.5bn to fill the hole in its accounts.

Nu Skin surges despite China's fine

Shares of Nu Skin (NUS) surged nearly 20% Monday after China announced a minimal fine to the skin care sales and marketing company.