BUSINESS

The Q4 GDP data for India plunged the volatile rupee further in the morning trade Thursday, as the Indian currency hovered near an all-time low of 56.52 against the dollar. The rupee was trading at 56.38/39 at 10 am IST, after testing the 56.52 level in early trade.

Samsung Electronics announced Wednesday the models details and availability date of its latest flagship smartphone, the Galaxy S3, in Canada. The highly-anticipated smartphone will be available through leading Canadian wireless carriers and authorized national retailers, starting June 20.

Asian markets fell Thursday as concerns over the debt crisis looming over the euro zone increased due to heightened Spanish banking sector woes.

The top after-market NASDAQ gainers Wednesday were: CE Franklin Ltd Inc, Envivio Inc, Zumiez Inc, Datalink Corporation and 21Vianet Group Inc. The top after-market NASDAQ losers were: F5 Networks Inc, BioMarin Pharmaceutical Inc, Tivo Inc, Pacific Biosciences of California Inc and American Superconductor Corporation.

Japan's industrial production gained in April from the previous month but remained below expectation, raising concerns about the country's faltering economic growth momentum.

Japanese industrial output rose in April at a slower pace than expected, in a discouraging sign that China's slowing economy and Europe's sovereign debt crisis will weigh on Japan's recovery.

Asian shares, the euro and oil prices fell Thursday as surging borrowing costs in Spain heightened fears of euro zone debt contagion.

J.P. Morgan Chase & Co is spinning off the special investments group from its scandal-plagued chief investment office in a bid to overhaul the division that cost the bank more than $2 billion in trading losses this month, the Financial Times reported.

Ford Motor Co will pursue its boldest attempt yet to tackle a nearly $50 billion risk to its business when it begins offering lump-sum pension payout offers to 98,000 white-collar retirees and former employees this summer.

Police in Scotland charged a former spokesman of British Prime Minister David Cameron with perjury on Wednesday for remarks made in court over the phone hacking scandal.

The Bureau of Ocean Safety Management announced on Wednesday it will be extending a public comment period for a draft impact statement needed before parts of the country's Atlantic seaboard are opened to geological surveying.

While speculation swirls about whether Greece is going to drop the euro, the European Central Bank said on Wednesday that none of the eight countries trying to get in the currency bloc are ready to join.

As a homeless man lies in a Miami hospital with 75 percent of his face chewed off from a horrific cannibal attack, a drug company is using the crime as an opportunity to boost sales of bath salts, which are thought to have crazed the attacker.

International Business Machines Corp. (NYSE: IBM) said it was deploying cloud, or Internet, computing services for the website of the French Open so that it can handle as much as 100 times normal traffic.

Crude oil prices slid more than 3 percent Wednesday on fears of a slowdown in global economic growth. U.S. stocks also closed lower, with major indexes all down more than 1 percent and yields on the benchmark 10-year Treasury sank to a record 1.64 percent.

The president has shown in recent weeks that while he may be interested in their votes, he doesn?t really value women?s interests.

Democrats in a state where fracking has ignited a furious political debate say a law currently regulating the practice doesn't go far enough, and propose a new one

Facing what seem to be minute-by-minute rejections of various bailout scenarios, Spanish bank Bankia S.A. -- the country's fourth-largest financial institution, which is currently embroiled in a crisis of insolvency -- is putting its faith in the web-shooting hands of a Marvel Comics superhero, Spider-Man.

With dark clouds gathering over China's economy, Beijing is feeling greater pressure to introduce stimulus measures to support growth.

I will never, ever, ever fly on Spirit Airlines (Nasdaq: SAVE) again. In the past 24 hours, I have experienced the worst flying experience of my life. Over the course of almost seven hours of absolutely unacceptable delays, I was lied to, witnessed mothers struggling to care for their children, saw elderly people lose access to their medication.

Several western celebrities have adopted a child from Africa, and a new report from the African Child Policy Forum shows that many other hopeful parents are following suit. But the inter-country adoption process is rife with complications, and the ACPF explains exactly why it is in need of reform

Only two of the 35 wealthiest countries have rates of relative childhood poverty above 20 percent. The United States shares the dubious honor with a former Communist dictatorship

Shares of Facebook (Nasdaq: FB), the No. 1 social network, fell again Wednesday, giving back their early gains from Tuesday?s record-low close of $28.84.

The situation is so dire, Maliki declared, that states could conceivably go to war over the precious substance.

In the most recent development of the scandal that has rocked Rupert Murdoch's disgraced News of the World tabloid, former editor Andy Coulson has been detained on perjury charges over court testimony about phone hacking. Coulson, 44, has been taken into custody by Scottish police as a part of an investigation into phone hacking and perjury at the trial of politician Tommy Sheridan.

Industrial commodities and global stocks fell sharply Wednesday as evidence mounted that the global economy's highfliers are dangerously close to stall speed. Yields on 10-year Treasuries tumbled to a record low 1.64 percent.

The Chinese government says it will allocate the equivalent of $27 billion to renewable energy and energy efficiency programs in 2012, but the battle against the deterioration of China's environment will be a long and tough one.

Anti-treaty parties have gained significant support in the run up to Thursday's vote, with nationalists Sinn Fein rising to become the second most popular party, according to recent polls.

With Europe rattling markets and the rush to dollars, traders have dragged down Brent Crude to cap-off what looks to be its worst performance in two years.