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ICICI Bank, India's top private lender, Friday reported a 36 percent increase in its net profit in the first quarter of the financial year 2012, exceeding the market expectations.

The second-quarter earnings season is in full swing and investors will hear next week from several more major players, including AIG, Kellogg, Procter & Gamble, Kraft Foods, Pfizer, Mastercard and General Motors.

Japan’s retail sales growth slowed down in June as compared to May, indicating that private consumption being affected by the faltering global economic conditions.

Nintendo is expected to push out between four and five million Wii U units during the gaming console’s launch period, ComputerAndVideoGames.com has reported.

India's much-awaited "second wave" of reforms is likely to be delayed due to the dilly-dallying monsoon. Prime Minister Manmohan Singh, who doubles as the finance minister, is expected to hold the crucial policy decisions on allowing the FDI in retail sector and hike in diesel prices until at least the second week of September, Reuters has reported quoting official sources.

The more data market-watchers have seen on the U.S. economy, the less they like what they've seen. Specifically, predictions on what the government might report as the rate of GDP growth in the second-quarter of 2012 have plummeted in the past few weeks, as economists adjust their models to one disappointing data release after another.

The iPhone Dev Team has confirmed via its official blog that one of the popular jailbreak tool "RedSn0w" is compatible with new Apple OS X 10.8 Mountain Lion.

Caterpillar Inc. (NYSE: CAT), the largest maker of construction and mining equipment, reported a 67 percent jump in its second-quarter profit that topped analysts' estimates and boosted its full-year outlook as demand increased from North American builders and overseas miners.

Wal-Mart, in a bid to protect consumers, said it was not happy with the proposed $7.25 billion retailers' settlement with Visa Inc., and MasterCard Inc., over interchange and processing fees to cover credit and debit card payments.

In this week's episode Peter invades Lydia's dreams, insisting she throw her annual big birthday party on Wednesday, the night of the full moon. He explains if she doesn't terrible things will happen to her friends. There are also visions of worms involved to heighten the creepy factor.

Starbucks Corporation (Nasdaq: SBUX), the world's largest coffee chain, is expected to report higher second-quarter profit as growth in its ground coffee division offsets the cost of buying a bakery company.

PepsiCo, Inc. (NYSE:PEP), the maker of Lay's potato chips, Quaker oatmeal and its namesake Pepsi-Cola, is projected to report lower second-quarter profit as the food and beverage giant struggles to offset rising ingredient costs and marketing expenses with price increases.

It is surprising to note how Colorado shooter James Holmes amassed arsenal without raising an eye of suspicion about his online purchase when internet firms can track customer behavior and profiles online.

After being remained missing from the list of mirrorless camera manufacturers for quite some time, Canon has finally decided to join the party. On Monday, the company officially announced the EOS M, a new digital camera with an 18-megapixel APS-C-sized CMOS image sensor and broad lens support.

The Indian rupee touched 55.84 against the dollar Monday, its lowest mark in a week in morning trade, weighed down by heavy demand for the dollar by petroleum companies.

Karlo Dizon, a Guam Redditor for three years, is competing in a primary race against longtime Guam Delegate Madeleine Bordallo to be the party's candidate in the general election for Guams' nonvoting delegate seat in the U.S. House of Representatives. Should Dizon win, it could be, as one person says, the biggest upset victory in the history of Guam politics.

The number of subprime loans for automobiles has increased this year as lending standards have loosened, boosting automakers' revenues but also creating fears of another financial bubble.

U.S. consumer spending will grow at a meager rate of 1.5 percent to 2 percent by the end of this year, Sterne Agee, a U.S. brokerage and investment firm said on Friday in a report.

Mark Zuckerberg , CEO of Facebook Inc is expected to meet with Wal-Mart Stores Inc.'s CEO Mike Duke this Friday in Bentonville, Arkansas to discuss strategy to deepen relations between both the companies.

Investors seem to be disregarding the parade better-than-expected profit figures from major financial institutions this earnings season, instead using top-of-the-line revenue and return on equity numbers to guide their investment decisions.

The relationship between Microsoft's Turn 10 studios and Meguiar's car care has proven to be a beneficial symbiosis for seemingly strange bedfellows in radically different industries.