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US jobless rate tops 10 (07 November 02:38) |
| Nov. 6 - The U.S. unemployment rate surged to a more than 26-year high of 10.2 percent in October and economists fear the rate will climb even further.
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Wipro buys Yardley ops for $455 mln (06 November 01:58) |
| Nov 6 - Wipro Ltd has acquired some businesses of Yardley for about $45.5 million from British personal care company Lornamead to boost its consumer care unit's presence in the overseas mark... |
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India changes stake sale rule (06 November 01:50) |
| Nov 6 - India on Thursday changed rules on using federal stake sale proceeds and made it mandatory for all profit-making, listed, state-run firms to float at least 10 percent stake, in a mov... |
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Insider trading probe widens (06 November 06:08) |
| Nov. 5 - 14 people are charged with fraud and conspiracy, as an investigation into insider trading in America's hedge fund community, deepens.
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Making money wearing t-shirts (06 November 01:23) |
| Nov 5 - Jason Sadler earns a living by selling the upper-half of his wardrobe - his t-shirt - every, single day.
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Chrysler looks to the future (06 November 01:19) |
| Nov 5 - Just five months after a U.S. government backed bankruptcy Chrysler is looking to the future as a streamlined automaker making the most of its partnership with Italy's Fiat.
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Toyota surprises with Q2 profit (05 November 04:23) |
| Nov 5 - Toyota reduces its 6-month loss forecast from $4 billion to $1.37 billion on Thursday.
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Tata offers nano homes (05 November 01:33) |
| Nov 5 - After revolutionizing the automobile segment by developing the world's cheapest car, Tata Group aims to revolutionize the real estate sector by offering affordable 'nano' homes.
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Rabi crops to ease food price Pawar (05 November 01:25) |
| Nov 5 - Food and Agriculture Minister Sharad Pawar on Wednesday said food prices will come down once rabi (winter) crops are harvested.
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Fed leaves rates near zero (05 November 06:18) |
| Nov. 4 - The Federal Reserve say it sees rates near zero for "an extended period" -- adding an economic recovery is building.
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Chrysler plan will need time (04 November 10:17) |
| Nov. 4 - AutoNation says the new Chrysler 5-year plan being unveiled today will need time to work.
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Mixed views over GM keeping Opel (04 November 09:33) |
| Nov 4 - European GM workers have mixed opinions about GM's decision to keep hold of its Opel and Vauxhall units - some are pleased and others worried about their jobs.
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GM reverses on Opel (04 November 05:43) |
| Nov 3 - General Motors has decided not to sell its German auto unit Opel, angering a German politician responsible for providing funding the unit.
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Madoff accountant pleads guilty (04 November 04:43) |
| Nov 3 - The former outside accountant for Bernard Madoff's firm pleads guilty to fraud charges, yet denies knowledge about any Ponzi scheme.
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Buffett bets on US economy (04 November 03:58) |
| Nov 3 - The American rail system is back in the spotlight - now that billionaire investor Warren Buffett's Berkshire Hathaway is buying out Burlington Northern Santa Fe in a deal valuing the... |
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Business Update Buffetts big buy (04 November 12:23) |
| Nov. 3 - Billionaire investor Warren Buffett is buying a railroad company in a deal analysts say expresses the closely-watched investor's confidence in the economy.
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UAW continue to work with Ford (03 November 09:28) |
| Nov. 3 - United Auto Workers President Ron Gettelfinger says the union will try to convince Ford to keep product commitments even after workers rejected a cost-cutting deal that would have s... |
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Business Update Asian shares steady (03 November 04:33) |
| Nov 3 - Asian shares stay steady ahead of big central bank meetings this week while low dollar pushs gold near record high.
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Ford on track for solid profits (03 November 12:42) |
| Nov. 2 - Ford Motor says it's on track to post "solid" profits in 2011 after delivering better than expected third- quarter results on the back of cost-cutting and improved results from its ... |
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CIT goes bankrupt (03 November 12:28) |
| Nov. 2 - CIT, a major lender to small- and mid-sized businesses, filed for bankruptcy over the weekend, which could jeopardize the strength of the economic recovery.
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Investing like professionals (02 November 06:51) |
| Kartik Varma of iTrust gives you tips on how to invest like a professional.
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White House touts saved jobs (31 October 03:23) |
| Oct 30 - The Obama White House said it believed the $787 billion economic stimulus plan approved early this year had saved or created about 650,000 jobs so far.
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Premier launches SUV Rio (29 October 04:51) |
| Oct 29 - Indian automobile company Premier re-entered the passenger car segment after nine years with the launch of a compact sport utility vehicle -- 'Rio'.
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Gold turns multi-dimensional (28 October 08:47) |
| Oct. 28 - Record high gold prices have turned the commodity into a monetary asset with corrections by physical markets likely says Rozanna Wozniak.
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Work under way to implement goods (28 October 06:41) |
| Oct 28 - Finance Minister Pranab Mukherjee on Wednesday said the central and state governments officials are working on implementing goods and services tax from the planned deadline of April... |
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Working to implement GST says FM (28 October 06:41) |
| Oct 28 - Finance Minister Pranab Mukherjee on Wednesday said the central and state governments officials are working on implementing goods and services tax from the planned deadline of April... |
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Real estate as an investment (28 October 02:35) |
| Kartik Varma of iTrust Financial Advisors analyses real estate as an investment opportunity.
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Fed rate cut not likely soon (28 October 12:17) |
| Oct. 27 - Reuters correspondent Emily Kaiser discusses how the U.S. Federal Reserve is unlikely to announce an earlier-than-expected rate hike, partly because unemployment levels are still s... |
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Caution prevails (24 October 04:08) |
| Oct. 23 - Microsoft and Amazon blow away Wall Street estimates capping off a week of strong earnings -- but stocks sink as caution prevails.
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Blowout for Amazoncom (24 October 12:43) |
| Oct. 23 - Sales of previously owned homessurge to their highest level in over two years. Amazon.com posts blowout quarterly results and is bullish on holiday shopping season.
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Bernanke presses for reforms (24 October 12:13) |
| Oct. 23 - New stress tests on the nation's biggest banks are unlikely, but Fed Chairman Bernanke urged lawmakers to pass legislation to change the U.S. financial regulatory system.
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EAC sees India growing at 65 (21 October 09:13) |
| Oct 21 - C Ranagarajan, the Chairman of Prime Minister Manmohan Singh's Economic Advisory Council (EAC) has projected the Indian economy’ growth by 6.5 percent in 2009/10 with inflation at... |
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Real estate payment plans (20 October 08:18) |
| Kartik Varma of iTrust explains how real estate payment plans work.
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Toyota launches new hybrid (20 October 08:08) |
| Oct 20 - Japan's No. 1 automaker Toyota Motor Corporation unveils its new hybrid sedan "Sai" a day ahead of the Tokyo Motor Show.
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Govt to switch to monthly WPI data (20 October 12:43) |
| Oct 20 - The cabinet on Monday approved switching over to monthly release of wholesale inflation data from its current weekly format to capture the prices of manufactured goods more accurate... |
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Asia luxury tougher sell (20 October 09:27) |
| Oct. 20 - The global luxury goods sector will contract this year with even the world's fastest growing market, China, expecting sales to halve.
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Comcast deal could shake up NBC (20 October 05:03) |
| Oct. 19 - The NBC broadcast network may soon have a new owner if French media giant, Vivendi, sells its 20 percent stake in parent NBC Universal, also home to cable channels CNBC, MSNBC and ... |
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Insider trading probe expands (20 October 04:53) |
| Oct. 19 - More insider trading cases could soon surface after Friday's federal charges surrounding the Galleon hedge fund.
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White House presses Wall St reforms (20 October 03:28) |
| Oct. 19 - The Obama administration, which has been pressing for wide-ranging reforms in U.S. financial regulations, is hoping to pass a bill by year's end.
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Germany says Opel deal not in danger (19 October 09:13) |
| Oct 19 - The European Commission expresses concerns over Germany's offer of state aid for Opel during the sale to Magna, but Germany says it is confident this won't derail the Opel deal.
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IIMs accept govt pay structure (17 October 02:00) |
| Oct 17 - Human Resource Development Minister Kapil Sibal said the country's top management institutes, the Indian Institutes of Management (IIMs) have accepted the government's salary struct... |
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Insider charges for billionaire (17 October 04:23) |
| Oct. 16 - Galleon hedge fund partner and billionaire Raj Rajaratnam as well as 5 others are arrested on charges of securities fraud and insider trading.
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Farmers shun Diwali after bad yield (16 October 05:01) |
| Oct 16 - Following poor crop yields, soybean and cotton farmers in the Vidarbha region of Maharashtra have planned to boycott Diwali this year.
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India has weathered slowdownPM (16 October 06:09) |
| Oct 16 - Prime Minister Manmohan Singh on Thursday said the Indian economy has weathered the global slowdown better than other economies.
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HK flat goes for record (15 October 02:27) |
| Oct. 15 - A Hong Kong flat sells for a world record price amid worries of a property bubble, while the government says it will reign in property prices.
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Festive loan real estate offers (15 October 06:17) |
| Kartik Varma of iTrust Financial Advisors analyses the real estate and loan offers this festive season.
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India FY10 growth to be around 7 (14 October 03:45) |
| Oct 14 - The Indian economy can expand 7 percent in 2009/10, Arvind Virmani, chief economic adviser at the Finance Ministry said on Tuesday.
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JAL seeks $67 bln rescue (14 October 10:53) |
| Oct 14 - Troubled JAL, trying to revive its loss-making air business, is seeking $6.7 billion in financial aid as part of restructuring plan.
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Russia and China sign trade deals (13 October 09:58) |
| Oct 13 - China and Russia have signed trade deals worth 3.5 billion dollars during Prime Minister Vladimir Putin's visit to Beijing.
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UK economy on the road to recovery (13 October 09:13) |
| Oct 13 - ING trys to sell its Asian assets, with interest from Singapore's OCBC and UK's HSBC. The Dutch firm is trying to raise over one billion dollars to repay borrowed government capital... |
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