Audi expects growth in double digits this year

BENGALURU: German auto maker Audi today said it expects to see a double-digit growth in its share in the luxury car market this year in India as there will be clarity on the way forward after budget and market will grow.

Tesco suspends execs as inquiry launched into profit overstatement

Tesco has suspended four executives, including its UK managing director, after the supermarket overstated its half-year profit guidance by £250m.

Tesco shares drop on profit warning

Shares in Tesco reached an 11-year low after the firm cut its full-year profit forecast to £2.4bn from £2.8bn.

H&M sees 'strong' spring sales

Swedish fashion retailer Hennes & Mauritz (H&M) has said "well-received" spring collections led to a "strong" second quarter.

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.

Nokia unveils two Windows Phone 8 handsets

Nokia has unveiled its first handsets powered by Microsoft's Windows Phone 8 operating system. The flagship device - the Lumia 920 - features wireless charging and a "PureView" camera which the mobile firm said offered better video and still images than rival smartphones.