Telefonica pulls out of Vivo bid
Spanish telecom firm Telefonica pulls out of its bid to buy a 7bn euros stake in Brazilian mobile company Vivo.
Ford builds on China partnership
Ford announces an expansion of its partnership with Jiangling Motors in China with a new $300m plant.
AIG agrees to $725m fraud payout
US insurance giant AIG agrees to pay $725m (£474m) to settle a long-running fraud case against it brought by pension funds.
US stocks down on recovery fears
Leading US stock markets tumble more than 2.5% as poor company results and fresh economic data hit investor confidence in the economic recovery.
Apple offers free iPhone 4 cases
Apple will offer a free case to every owner of its iPhone 4, following complaints of reception problems.
BP shares rise on oil leak news
BP shares see modest rise after the group confirms it has temporarily stopped oil flowing into the Gulf of Mexico.
Microsoft founder pledges fortune
Microsoft co-founder Paul Allen says he will commit most of his estimated $13.5bn fortune to philanthropy after his death.