Telecoms gear maker Ericsson blasted past first-quarter core profit expectations thanks to surging mobile broadband sales and hopes to resolve Japan quake supply problems later this year.
High and mighty of India turn up for the funeral of Sathya Sai Baba, who was laid to rest with state honors at his ashram in Puttaparthi on Wednesday. Scroll down to see photos of the spiritual leader's departure:
First quarter results from Ericsson look set to benefit from a recovery in the global network gear market that could help soften any impact on its supply chain from the earthquake in Japan.
Industrial and consumer goods conglomerate 3M Co reported higher-than-expected quarterly profit on Tuesday, helped by sales to emerging markets, and raised its full-year profit forecast.
The top pre-market NASDAQ Stock Market gainers are: USA Technologies, Rediff.com India, Mindspeed Technologies, Sify Technologies, Calamos Asset Management, and Veeco Instruments. The top pre-market NASDAQ Stock Market losers are: Wilshire Bancorp, Lawson Software, ZST Digital Networks, Tellabs, Netflix, and Express Scripts.
As spring sets in, snow-clad Himalyan peaks have started peeping out in the sunshine. Spring-summer is the best time for a holiday in Kashmir when the valley exhibts beauty at its best.
The top pre-market NASDAQ Stock Market gainers are: Polycom, OmniVision Technologies, Changyou.com, Sohu.com, and Avanir Pharmaceuticals. The top pre-market NASDAQ Stock Market losers are: Orexigen Therapeutics, SanDisk, Micron Technology, and Huntington Bancshares.
BlackBerry maker Research In Motion said Russia could help development of new technologies by finding a balance between state security and innovation.
Thousands of devotees gathered in Puttaparti to to pay last respects to Indian guru Sathya Sai Baba amid reports of 'miracles' and hopes of reincarnation.
Gold prices shot up to a new record of $1,512.50 an ounce in New York late on Friday, posting a record weekly gain and maintaining a six-week winning streak. What the gold rally means to the dollar and the American people is obvious from the rush pawn shops see across the United States.
A virtual forest sprouting on Times Square's renowned billboards, 1,000 free rain barrels for gritty city backyards and a parade of clean energy vehicles including hybrid garbage trucks are all helping New Yorkers go green for Earth Day on Friday.
Hundreds of Roma (gypsy) residents have fled a village in the north of Hungary to escape possible vigilante attacks by far-right nationalist vigilantes on Easter weekend. Reportedly, some were moved to a camp in Budapest and others were transferred to an unnamed location in eastern Hungary.
Asian stock markets ended slightly lower in holiday-hit trading on Friday. Many markets including Australia, Hong Kong Jakarta, Singapore, Manila and India were closed for public holidays.
The top after-market NASDAQ Stock Market gainers are: Polycom, Mentor Graphics, ZST Digital Networks, EZCORP, and Stein Mart. The top after-market NASDAQ Stock Market losers are: Radio One, Asia Entertainment & Resources, Pool Corp., Penn National Gaming, Universal Display, Cymer, and Rambus.
U.S. videoconferencing company Polycom Inc forecast strong second-quarter sales as it continued to benefit from its partnerships with companies like Microsoft and from business disruptions at bigger rival Cisco.
Bullion powered to a lifetime high for a fifth consecutive session on Thursday on a sharply weaker dollar, while lingering tensions in the Arab world, worries about the euro zone crisis and U.S. fiscal health offered additional support.
Gold rallied above $1,500 an ounce for the first time on Wednesday, extending this week's record run as investors hedged growing inflation risks and bought into a broad commodities rally as the dollar slumped.
The Supreme Court of India has urged states to ruthlessly stamp out the practice of honor killings and also warned that government and police officials who failed to prosecute the perpetrators of such crimes would themselves be prosecuted.
Gold rose above $1,500 an ounce on Wednesday for the first time ever as the dollar wilted, oil rose, worries over the U.S. economic outlook boosted demand for the metal as a haven and rising inflation lifted Asian demand.
Gold hit record highs above $1,500 an ounce on Wednesday as fears over the U.S. economic outlook boosted its appeal as a haven from risk, while Asian buyers sought protection from rising inflation.
The top pre-market NASDAQ Stock Market gainers are: ASML Holding, Rediff.com India, Intel, Sify Technologies, Aixtron, and Wynn Resorts. The top pre-market NASDAQ Stock Market losers are: Cree, TriMas, and Adobe Systems.
Gold prices soared above $1,500 an ounce on Wednesday, setting a new all-time record, even as the precious metal sustained a superb run banking on its value as the preferred safe haven investment in uncertain times.
