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.

Apple becomes the most valuable company of all time

Apple - the world's most valuable firm - is now the most valuable company of all time, with a market value of approximately $623bn (£397bn).

GM posts quarterly loss on weakening euro

US car giant General Motors (GM) has reported a fall in profits due to weak sales in Europe, where the debt crisis has weighed on the euro.