EU to accuse Apple of taking illegal tax aid from Ireland, reports say

The European Union will accuse Apple of taking illegal aid from the Irish state through sweetheart tax deals over two decades, the Financial Times reported on Monday.

BlackBerry looks to long turnaround despite sliding sales

BlackBerry posted a net loss of $207m (£127m) in its second quarter as it revealed that revenues are continuing to fall, just days after launching a new handset.

Ford recalls 850,000 cars with airbag fault

US car giant Ford says it is recalling about 850,000 cars in North America over a "potential issue" with airbags.

Apple says bent iPhones are 'rare'

Apple has responded to claims that its new handsets are prone to bending by saying such damage would be "rare" during normal use.

Japanese probe comes up empty on Boeing Dreamliner's battery problems

TOKYO: The Japanese probe into a battery problem that forced the emergency landing of a Boeing Dreamliner last year wrapped up today with investigators saying they still haven't found the root cause.

RBS cuts price for Citizens Bank sell-off in US

Royal Bank of Scotland has been forced to cut the price for the flotation of its Citizens Bank business after investors expressed doubts about the US bank’s potential profitability.

Barclays fined £38m for putting clients' assets 'at risk'

Barclays has been fined a record £38m by the City regulator for failing to keep its clients' assets separate from its own.