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Computer giant IBM credits a recovery in corporate spending on technology for a 13% rise in the first three months of 2010.

The next James Bond film has been suspended "indefinitely" because of uncertainty over the future of the MGM studio.

Toyota agrees to pay a record $16.4m (£10.7m) to US safety regulators following recent safety concerns.

The Reserve Bank of India raises key interest rates by a quarter of a percentage point in an attempt to curb inflation.

Supermarket chain Tesco says it is getting around ash air disruption, as it announces annual profits of £3.18bn.

Airports operator BAA says that the ban on flights as a result of the volcanic ash cloud is costing it between £5m and £6m a day.

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