Stocks surge after Alcoa, CSX report strong profit NEW YORK (AP) — Stocks have closed sharply higher after investors got a shot of confidence from the start of the second-quarter earnings season. Investors were enthusiastic Tuesday about better-than-expected profits from aluminum …

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Infosys Technologies Exide Industries Hotel Leela Venture …

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The US economy will lose steam as the year progresses but will not slide back into recession, even though unemployment is unlikely to fall significantly, according to a survey released on Saturday. The Blue Chip Economic Indicators survey of private forecasters found analysts increasingl…

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BANGKOK (AP) — A jump in Chinese shares led Asian markets higher Tuesday as investors scooped up stocks that had been pummeled to multi-month lows but some analysts doubted the rebound would last. Weaker data from major economies over the past few weeks has diminished confidence in…

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Stating that the Bharat bandh called by the Opposition against fuel price hike has cost the economy around Rs 13,000 crore (Rs 130 billion), the industry on Monday said the protest is “odd and absurd”. “It (bandh) is not justified at all. Political parties interfering a…

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arlo Piovano, Associated Press Writer, On Monday July 5, 2010, 8:20 am EDT LONDON (AP) — World stocks were steady Monday amid worries that the economic recovery in the U.S. will slow down, with trading light as Wall Street was due to remain closed for the Independence Day long week…

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By Rodrigo Campos NEW YORK (Reuters) – U.S. stocks rose on Wednesday on signs of improved Midwest business activity and bargain-hunting a day after the S&P 500 fell to an eight-month low. Energy and industrial shares, the hardest hit sectors on Tuesday, accounted for the bulk…

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Commentary: The truth about jobs, the market and U.S. socialism The counter-revolution is underway. The G-20 calls for members to slash their budget deficits. The U.S. Senate ices further aid for the unemployed. The head of the Business Roundtable slams President Obama for undermining A…

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BANGKOK (AP) — Asian markets slid Tuesday as a mammoth share sale in China dragged Shanghai stocks down more than 3 percent and investors trimmed bets before the release of crucial indicators from the world’s two biggest economies. Investors were wary of riskier assets like s…

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Anil Ambani group today announced a Rs 50,000-cr deal to merge its telecom tower business with GTL infrastructure, a move that would help RCom cut down its debts by more than half. The Boards of RCom, its subsidiary Reliance Infratel Ltd. And GTL Infrastructure today in-principle approve…

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