Toyota's first quarter profit rises 10%

Japanese carmaker Toyota has reported a 10% increase in profits for the first quarter of its fiscal year, helped by the weak yen and cost cuts.

With no sign of oil price rebound, Shell wields axe again

LONDON (Reuters) - Royal Dutch Shell is to axe 6,500 jobs this year and step up spending cuts as it seeks to reassure investors it can withstand an extended period of lower oil prices, even through its planned $70 billion acquisition of BG Group.

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.

Ryanair shares plunge after warning over profits

Ryanair shares have slumped 13% after the company warned that profits are likely to fall this year. It now expects to make a profit of between 500m euros (£423m; $674m) and 520m euros for the financial year ending in March, down from its previous projection of 570m euros.

UK retailers boosted as investment pours into shopping centres

Britain’s retail industry has received a welcome vote of confidence after a spike in investment in shopping centres this year.

McDonald's sales fall again amid weakness in Asia

NEW YORK: McDonald's says a key sales figure dropped again in January as the world's biggest hamburger chain struggled with ongoing weakness in Japan and supply chain issues in China.

Tata Steel job cuts hit Wales hardest

Around 900 UK staff have lost their jobs at Tata Steel, with nearly 600 leaving its Port Talbot operations in Wales, the company has said.