BlackBerry maker changes its name and launches long-awaited BlackBerry 10

The future of once-mighty Research in Motion rests on its new Blackberry 10 operating system -- a fact RIM played up Wednesday by changing its name to BlackBerry.

Toyota reclaims world's top vehicle maker title

Japanese carmaker Toyota has regained its slot as the world's biggest vehicle maker, capping a year of a dramatic turnaround in its fortunes.

Vikram Pandit, ex-Morgan Stanley boss John Mack begin to co-invest with Indian PE fund GTI Capital

MUMBAI: Two former bosses of multinational banks, Vikram Pandit of Citi and John Mack of Morgan Stanley, are among a few high net-worth individuals co-investing with Indian private equity fund GTI Capital, to purchase stake in Indian companies.

US companies offset weak sales growth with fat margins

After four years of belt-tightening, American companies are good at squeezing more profit out of every dollar of sales - a skill that chief executives regard as critical in the face of an uncertain economy.

Davos 2013: Carney says next two years decisive for banks

The incoming governor of the Bank of England has said the next two years will be "decisive" for bank reform.

PepsiCo replacing Gatorade ingredient after online petition

PepsiCo Inc is removing a controversial chemical from its Gatorade drinks following concerns from consumers and an online petition by a Mississippi teenager.

Apple shares fall 12% on growth fears

Apple shares have tumbled 12% as investors fret over whether the company could lose its dominance in the smartphone market.

French multinationals, Iran to team up in Lebanon energy projects

The French multinational energy corporations Total SA and GDF Suez SA have invited Iran to cooperate with them in oil and gas projects in Lebanon, according to the representative of a French company.

Dreamliner: Japan and US probe battery maker

US and Japanese authorities have begun a joint investigation into GS Yuasa, the Japanese battery maker for Boeing's troubled 787 Dreamliner aircraft. It comes after an All Nippon Airways (ANA) 787 had to make an emergency landing due to a battery malfunction.

Google says Wall Street estimates need adjusting

SAN FRANCISCO: Google Inc issued a rare advisory to Wall Street on Friday that analyst estimates for its fourth quarter financial results are flawed.

'Buddy' scheme to give more multinationals access to ministers

The government is expanding a controversial scheme which pairs dozens of multinational companies with a ministerial "buddy", giving them privileged access to the heart of government, the Guardian has learned.

Ireland recalls 10 mln burgers on horsemeat fears

DUBLIN (AP) — An Irish meat processor recalled 10 million burgers Wednesday from supermarkets across Ireland and Britain amid fears that many could contain horsemeat, a discovery that poses no danger to public health but threatens to undermine the beef business central to Ireland's rural economy.

Nike investigates Indonesian suppliers over wage abuse

JAKARTA: US sporting goods giant Nike said Tuesday it was investigating claims by labour activists that its manufacturers in Indonesia were trying to evade paying its workers the minimum wage.

Apple shares hit by iPhone 5 order fears

Shares in technology giant Apple have fallen by more than 3% in early trading after reports suggested orders for its iPhone 5 had been lower than expected.

Ford takes next step of Lincoln overhaul with lux crossover

DETROIT: Ford Motor Co will unveil this week a luxury crossover designed to help the company gain a foothold in a fast-growing and profitable segment of the US luxury automotive market.

Honda to cut 800 jobs in Swindon

Honda is planning to cut 800 jobs at its Swindon plant, blaming weak demand across Europe. The Japanese carmaker, which began manufacturing there in 1992, has been hard hit by the eurozone crisis.

US lawmakers: Wal-Mart CEO knew of Mexico bribe claim

WASHINGTON/CHICAGO: US lawmakers increased public pressure on Wal-Mart Stores Inc on Thursday by releasing company emails they said contradicted prior statements about when senior executives knew of bribery allegations tied to its Mexican affiliate.

France calls for report on tax-dodging by multinationals

PARIS (Reuters) - The French government has asked for a report that will outline ways to stop multinational companies dodging taxes, a practice that indirectly stifles local companies, culture minister Aurelie Filippetti said.

UBS fires eighteen over Libor-rigging scandal

Eighteen UBS staff were sacked over the Libor-rigging scandal that saw the bank hand over $1.5bn (£940m) to regulators, the second-largest fine ever paid by a bank.

Jaguar Land Rover expects 'positive' 2013 in UK

LONDON: Premium automaker Jaguar Land Rover said UK vehicle sales rose 19.7 per cent in 2012 and new launches meant its outlook for 2013 was "positive".

Why car sales are strong in US

DETROIT: It's not quite boom times for the US auto industry. But it's getting there. Sales of new cars and trucks are likely to reach 14.5 million for 2012. And if they climb much beyond that, they'll be closing in on a high set in 2005.

Goldman chiefs got $65m of share awards before tax vote

Goldman Sachs chief Lloyd Blankfein and nine other executives exercised stock options worth $65m (£40m) hours before US politicians voted in favour of higher tax rates on wealthy individuals as part of its "fiscal cliff" deal, filings show.

Starbucks to open first store in Vietnam

Starbucks will open its first store in Vietnam next month, the Seattle-based coffee behemoth said Thursday.

Judge rejects Apple false advertising claims vs. Amazon

SAN FRANCISCO: A US judge on Wednesday rejected part of Apple Inc's lawsuit against Amazon.com Inc's use of the term App Store, ruling Apple cannot bring a false advertising claim against the online retailer.

Avis Budget Drives Sales, Profits With Europe Business Buy

Some companies search far and wide for a winning acquisition candidate. But the folks at Avis Budget Group ( CAR ) found one in their own backyard.