BUSINESS

The victim was believed to be mentally unstable.

A consortium of lenders of the cash-strapped Kingfisher Airlines Thursday asked the Indian private carrier to sell its properties in Goa and Mumbai and to come up with concrete steps to improve its operations.

The number of Americans lining up for new jobless benefits last week had its biggest decline in two months, the Labor Department said Thursday, easing fear that the labor market recovery was stalling.

The European Central Bank, in a widely anticipated move aimed at limiting the number of euro zone nations falling into recession, on Thursday cut its main interest rate to a historic low of 0.75 percent and cut its overnight deposit and lending rates by 0.25 percentage points each, to 0 percent and 1.5 percent, respectively.

The United States will file an unfair trade complaint with the World Trade Organization against China for its duties on U.S.-made car imports.

Elan Corp, SXC Health Solutions, Micron Technology, Thompson Creek Metals, Alcoa, Veolia Environnement and Nokia and Logitech International are among the companies whose shares are moving in pre-market trading Thursday.

India is purchasing oil from Iran using euros to overcome the problems faced in making transactions in the rupee due to its limitations of direct conversion into foreign currencies abroad.

U.S. stock index futures point to a slightly lower opening Thursday ahead of a crucial European Central Bank meeting in Frankfurt where a cut in interest rates is likely to be announced.

Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.

European markets fell Thursday as investors remained watchful ahead of a meeting of the European Central Bank in Frankfurt where the bank will take a decision on interest rates.

Samsung is the number one brand among Asian consumers, according to the Campaign Asia-Pacific 2012 Asia's Top 1000 Brands report.

Oil prices remained near $87 a barrel during Asian trading hours Thursday as investors were awaiting the key monetary decisions from the European Central Bank (ECB) and Bank of England.

Standard & Poor's Ratings Services has raised the credit rating of the Philippines, citing that the country's fiscal flexibility is gradually increasing and the debt profile is improving.

Asian markets fell Thursday with the revival of investor concerns about the euro zone?s debt crisis intensifying and the economic downturn deepening.

France's new Socialist government announced tax rises worth 7.2 billion euros on Wednesday, including heavy one-off levies on wealthy households and big corporations, to plug a revenue shortfall this year caused by flagging economic growth.

Guessing the names of next-gen gaming consoles is always fun. Fans really thought the Gamecube would be called the Nintendo 128 (since it followed up the Nintendo 64), and using that same logic, gamers still think Microsoft will name its Xbox 360 sequel the Xbox 720. It's all been conjecture, until now. Among a list of domain names seized in a legal battle, the name Xbox 8 sticks out like a sore thumb.

U.S. mortgage interest rates for 30-year, fixed loans are at/near 40-year lows. Further, while there's nothing like owning a home, for several reasons 'this is not your father's housing market.' There are pitfalls and pratfalls, and prospective buyers would be wise to review these five tips before taking the plunge.

Nintendo unveiled a slew of new features for its upcoming Wii U at E3 2012 in early June. But these new perks may come with an additional price.

Tom Cruise has been having some kind of rollercoaster week. After the shocking news of his divorce with wife Katie Holmes -- just before his birthday, no less -- Paramount Pictures chose to release a new trailer for Cruise's new action film entitled Jack Reacher on the actor's 50th birthday. The trailer is currenly available on Yahoo Trailers, and it is also embedded at the bottom of this page.

The European Parliament rejected Wednesday the Anti-Counterfeiting Trade Agreement, or ACTA, an international treaty that aims to standardize intellectual property and copyright enforcement efforts digitally and physically across signatory countries.

Apple introduced some incredible new products and software at this year's WWDC -- the new Retina-powered MacBook Pro and iOS 6 were particular show-stealers -- but pro users felt specifically neglected at the event, where many were expecting Apple to refresh its entire Mac line-up. Unfortunately, despite a few spec bumps, the iMac and Mac Pro were largely untouched.

The Indian division of the U.S.-based Citibank Tuesday reported a 35 percent rise in its net profit in 2011-2012 fiscal year, driven by robust growth in their corporate and retail banking and mortgage businesses, the bank said in a statement.

Asian stock markets mostly advanced Wednesday on hopes that major central banks around the world would act to tackle the deteriorating global economic conditions.

Indian stock markets were trading slightly lower Wednesday as declines from oil & gas and IT sector shares outweighed the gains in metal and realty sectors.

European markets fell Wednesday, but investors continued to expect that the central banks would coordinate to announce stimulus measures to regain the growth momentum.

India's service sector continued its growth in June, though at a slightly slower rate than in May, according to the latest HSBC PMI data released Wednesday.

Crude oil futures declined during Asian trading hours Wednesday after surging in the previous session on renewed tensions over Iran's nuclear program.

Though China's services activity grew in June, it declined to a ten-month low, according to the HSBC Purchasing Managers' Index (PMI) released Wednesday.

Sprint made the Galaxy S3 available for in-store purchases from July 1, while AT&T announced that it would be selling the phone in its stores from July 6. Following suit, Verizon Wireless on Tuesday announced that it would launch its version of the highly anticipated smartphone on July 10.