London  - Tesco, Britain's largest supermarket chain, on Tuesday reported a rise in profits of 11.8 per cent to nearly 2.9 billion pounds (5.8 billion dollars) in 2007.

Vienna - Austria fibre-maker Lenzing on Monday said it made record profits in 2007, owing to an excellent business environment and strong growth.

Amsterdam  - Profit for Dutch electronics manufacturer Philips was less than expected, with company results announced Monday for the first quarter of 2008 amounting to 265 million euros (418.59 mil

New Delhi, Apr.

Bucharest- A court has ruled that a three-week-old strike at Renault SA's Romanian plant is legal, bolstering worker demands for higher pay and benefits ahead of a rally planned for Thursday.