Apple's first quarter profit of $18bn is the biggest ever quarterly profit for a public company, according to Standard and Poor's.
Football clubs spent a record £2.7bn in international transfers in 2014, with English football clubs accounting for £795m of the total.
Yahoo has announced a plan to spin-off its 15% stake in China's Alibaba Group and hand the business to its shareholders.
Shares in Electronic Arts jump almost 5% after the video games publisher reports stronger than expected results.
Asian shares traded lower on Wednesday with markets tracking losses on Wall Street on Tuesday.
City Link employees will receive overtime payments, according to Jon Moulton, the founder of the company which owns the collapsed parcel delivery firm.
The UK's economy grew by 2.6% last year, the fastest pace since 2007, but there was a slowdown in the last three months, figures from the Office for National Statistics show.
Dubai International has taken over from Heathrow as the world's busiest international airport in terms of yearly passenger numbers.
EDF says it will cut gas prices by 1.3%, the last of the "big six" energy firms to reduce prices in the wake of a fall in the wholesale price of gas.
US stocks fall sharply following a string of disappointing company results.
It is unrealistic to expect Greece to repay its huge debt in full, a spokesman for Syriza - which won Sunday's election - tells the BBC.
A survey of 27,000 rail passengers found 81% were satisfied with the service last year, compared with 83% in 2013.
The upmarket supermarket chain, Waitrose, expects to create 2,000 jobs in new shops and by expanding existing sites.
Two million bank customers will be able to claim compensation for being sold unnecessary insurance policies covering the loss or theft of their bank cards.
Global international tourist numbers exceeded 1.1 billion in 2014, an increase of 4.7% on the previous year, according to the UN.
The Irish government is examining a €1.36bn offer for airline Aer Lingus from British Airways owner IAG.
Easyjet expects first half losses to shrink, helped by growing capacity and a record number of business passengers.
The influential 172-year-old publication sells 1.6m print copies a week
Families with young children and poorer households have been worst affected by government changes to tax and benefits, according to a new report.
Both borrowing and saving by customers of the UK's main banks picked up during 2014, according to figures from the British Bankers' Association (BBA).
Energy company SSE says it is cutting its domestic gas prices by 4.1% from 30 April, saving the average household £28 a year.
The German government warns Greece that it must meet its commitments to lenders, after the election win of the Greek anti-austerity Syriza party.
Russia's credit rating is cut to junk by US ratings agency Standard and Poor's for the first time in a decade.
A top official at the European Central Bank warns that unemployment and low growth are undermining the European Union.
Indigenous tribes in Brazil are increasingly turning towards tourism to make their living, but there are concerns that some may be being exploited, reports Donna Bowater from the Amazon.
How UK entrepreneur Emily Brooke was inspired to develop a new bicycle light, the Blaze Laserlight, which as the name suggests, projects a laser onto the road.
Since the Fukushima nuclear disaster of 2011, sales of sake from the region have plummeted, with radiation fears putting off Japanese consumers and China banning their import.
Rangers agree a £10m loan from Mike Ashley's Sports Direct to relieve the club's "perilous" financial state.
Fifa president Sepp Blatter accuses Uefa of lacking the "courage" to challenge his leadership in May's election.
Rangers and Mike Ashley agree that Ibrox Stadium will now not be used as security over any further loans.