India's biggest IT outsourcing firm, Tata Consultancy Services, posts a 38% rise in first-quarter net profit, helped by a weak rupee.

O2 says its 2G and 3G services are fully restored a day after a fault left hundreds of thousands of mobile subscribers without a connection.

The news aggregator service Digg is sold to the owner of a New York competitor after a battle for traffic with other rivals.

Details of a multi-billion-pound scheme aimed at boosting High Street bank lending will be unveiled later by the Bank of England.

A BBC investigation suggests firms are wasting money to gain "likes" from fake profiles and users who have no interest in their products.

China's economy grew at 7.6% in the second quarter, its slowest pace in three years, as investment and demand fell in key export markets.

Credit rating agency Moody's cuts Italy's standing and warns the country is likely to see a sharp rise in borrowing costs.

Two billionaire property developers in Hong Kong are charged with bribery-related offences in one of the territory's most high-profile corruption cases.