Apple boss Tim Cook cosies up to Facebook

Tim Cook, Apple’s chief executive, said that users should “stay tuned” to see if the two Silicon Valley giants start working more closely together, as he lavished praise on the company founded by 28-year-old Mark Zuckerberg.

Facebook shares dip below $29 to new low

Facebook shares have dipped below $29 for the first time since their flotation to a new low. The shares were launched at $38 less than two weeks ago during its high-profile flotation, which valued the firm at $104bn (£66bn).

China to encourage private capital in banking industry: Report

BEIJING: China will give private capital the same entry standards to the banking industry as other capital, state media said on Sunday, as the government makes its hardest push in a decade to court private investors by welcoming them into a handful of sectors.

Lehman Brothers to buy rest of Archstone for $1.58 billion

Lehman Brothers Holdings Inc said it would acquire the remaining 26.5 per cent of apartment company Archstone that it didn't already own from Barclays Capital and Bank of America Corp for $1.58 billion.

Bankia shares suspended amid bailout request reports

Trading in shares in Spain's Bankia has been suspended in Madrid. It asked for them to be suspended ahead of a board meeting this afternoon to reformulate its accounts for 2011 and submit a plan to shore up its finances.

What It Takes For Consumer Products Companies To Win In Emerging Markets

Companies racing to capture their share of emerging markets’ booming growth find something unexpected: Along with unprecedented expansion, these markets are undergoing rapid changes that make the opportunities trickier to pursue.

Google vanquishes Oracle in Android patent fight

NEW YORK (CNNMoney) -- In one of Silicon Valley's landmark court battles, Google appears to have won a big victory over Oracle. A jury on Wednesday cleared Google of violating any of Oracle's patents with its Android mobile software.

Facebook shares drop below flotation price

Shares in Facebook have fallen below the price at which they were floated amid scepticism that the newly-listed company will live up to expectations.

Looking beyond the Wal-Mart bribery case

In a case that continues to reverberate across borders, Wal-Mart Stores, the world’s largest retailer, announced recently it has started its own probe into allegations that executives at its Mexican operations made hundreds of illegal payments — worth more than $24 million — to help expedite the opening of new stores.

Google wins final approval for Motorola Mobility takeover

Google won approval from Chinese regulators for its $12.5bn (£7.9bn) purchase of Motorola Mobility, clearing a final hurdle for a deal that boosts its patents portfolio and steps up competition with Apple.

International hunger program relies on private sector

WASHINGTON — President Barack Obama vowed Friday to accelerate efforts to relieve hunger and malnutrition in Africa and unveiled as part of his plan a $3 billion commitment from multinational companies to make it easier for small farmers to grow their own food.

Facebook shares spike on stock market debut

Shares in the social networking site rose to $42, having been initially priced at $38 each, before falling back to trade flat. Founder Mark Zuckerberg, 28, who started Facebook while at Harvard University, officially opened trading on the Nasdaq earlier.

Chinese companies operating with alarming levels of debt: Study

BEIJING: Chinese companies are operating with "alarming levels" of corporate debt, even though the country's gross debt remains relatively low, according to a study by an official Chinese think tank.

US companies are adding more slowly to stockpiles

WASHINGTON (AP) — U.S. companies restocked more slowly in March, a trend that has helped slow economic growth this year.

Spark in Sales of Cars and Trucks Drives U.S. Economy

Car sales that are running at the fastest pace in four years are poised to reverberate through the world’s largest economy as a spillover into production, profits and jobs for Americans may be starting.

Broken banking system is keeping growth at bay

Last weekend's election results in France and Greece, we're told, show that eurozone voters want "growth, not austerity".

JPMorgan shares dive after $2bn trading loss

Shares in JPMorgan Chase have dived 9% after the biggest US bank, revealed a trading loss of at least $2bn (£1.2bn).

Toyota's troubles in rear view mirror

NEW YORK (CNNMoney) -- Toyota Motor took a step in putting recent problems behind it Wednesday, reporting a big jump in quarterly earnings and predicting a bigger profit for the fiscal year recently underway.

UK companies remain optimistic, surveys suggest

UK companies remain confident despite the UK economy entering a double-dip recession, two new surveys suggest.

Top five Indian IT services companies grew 23.8%, even as global IT market grew 7.7%: Gartner

NEW DELHI: Even as the global IT spending is in single digits, Indian IT players are clocking healthy double digit growth.

How National Oil Companies Can Fuel Economic Development

Once criticized for being overstaffed, underinvested and politically led, state-controlled national oil companies (NOCs) are transforming themselves into lean, professionally managed enterprises.

RBS confirms £163bn emergency loan repayment

Royal Bank of Scotland has confirmed it will repay next week the last of the £163bn in emergency loans it received from the US and UK governments.

Facebook Sets $28-$35 IPO Range

Facebook Inc. set the price range for its initial public offering at $28 to $35 a share, in a landmark deal that would raise as much as $13.6 billion for the social network and insiders.

BSkyB says it is a 'fit and proper' licence holder

BSkyB says it remains a "fit and proper" holder of a broadcasting licence. The satellite broadcaster said it was engaging with the regulator Ofcom in its assessment of BSkyB's suitability.

Olympics 'unlikely to boost' economy, says Moody's

The 2012 Olympics are unlikely to provide a substantial boost to the British economy, according to credit rating agency Moody’s.

Japanese firms in $2bn Liquefied Natural Gas deal

Japan's Mitsubishi Corporation and Mitsui & Co have agreed to buy a 14.7% stake in Woodside Petroleum's Browse Liquefied Natural Gas (LNG) project in Australia for $2bn (£1.2bn).

It's not a BlackBerry World anymore as RIM's dominance fades

ORLANDO: When Mike Lazaridis and Jim Balsillie were running Research In Motion, BlackBerry World was a chest-thumping celebration of RIM's successes and a showcase for the innovations that would assure its continued dominance.