Business activity in India's services sector grew at a faster clip in January than in the previous month, boosted by new orders and expectations of solid growth, but costs also soared, a survey showed on Thursday.
Top appliance makers Whirlpool and Electrolux are raising prices to pass soaring raw material costs on to customers, but their attempts may not pass muster with bargain-hungry shoppers.
Top appliance makers Whirlpool and Electrolux are raising prices to pass soaring raw material costs on to customers, but their attempts may not pass muster with bargain-hungry shoppers.
The former telecommunications minister of India, A. Raja, has been placed under arrest as part of a probe into a multi-billion corruption investigation.
Vodacom, South Africa's largest mobile phone operator, overcame stiff competition to post a 6 percent rise in third-quarter sales, boosted by a surge in mobile data and strong prepaid growth.
Top home appliances makers Whirlpool Corp and Electrolux are raising prices to pass soaring raw materials costs onto customers and will rely on emerging markets to drive growth.
Vodafone has named outgoing Philips Chief Executive Gerard Kleisterlee as its new chairman, bringing emerging markets know-how and an ability to simplify a group to the world's largest mobile operator.
Vodafone
named outgoing Philips Chief Executive Gerard Kleisterlee as its new chairman, bringing emerging markets know-how and an ability to simplify a group to the world's largest mobile operator.The threat that rising input prices pose to corporate profit margins was highlighted again as a number of U.S. manufacturers, including Emerson Electric Co and Paccar Inc, reported quarterly earnings.
U.S. auto sales jumped by about 18 percent in January, led by gains for General Motors Co and Chrysler as the two Detroit automakers restructured by the U.S. government took share from rivals.
Unemployment, poverty and social injustice are the top global concerns and most people think their country is heading in the wrong direction, according to a new poll.
Business news and financial data provider Thomson Reuters is strengthening its legal process outsourcing (LPO) unit, Pangea3, by hiring full-time, temporary, and experienced contract attorneys for its new facility in Michigan.
American Bar Association (ABA) president Stephen N. Zack wants the Bar Council of India (BCI) to maintain the status quo while it debates on whether it should allow foreign law firms to set up offices in the country.
As hundreds of thousands of anti-government protesters converge in central Cairo on the eighth day of unrest in Egypt, the U.S. government has instructed all of its non-emergency staff and their families to evacuate the country.
Indians in the troubled city of Cairo had to pay twice the normal fare for a one-way ticket to Mumbai on India's government-owned Air India flight, despite the fact that life came to a halt in the Egyptian capital with banks and ATMs being shut, said a media report on Tuesday.
Mahindra & Mahindra inched closer to establish its presence in southeast Asia, with an executive saying the company will make full payment by Feb. 7 for South Korea's Ssangyong Motor buy.
The BSE Sensex fell 1.7 percent on Tuesday to its lowest close since August, extending January's worst monthly slide in more than two years, as inflation worries and hardening interest rates continued to spook investors.
Asian automakers, led by outperformer Hyundai Motor, got off to a strong start for 2011 with robust January sales as they gear up for the sector's broad recovery.
Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday.
Input prices jumped in Chinese and Indian factories in January, adding to pressure from food inflation that the fast-growing economies are already struggling to contain, business surveys showed on Tuesday.
With the government blocking Internet and cell phone connections in Egypt for the fifth consecutive day, the scene is one of complete chaos at the Cairo International Airport as tourists flock to escape the growing disturbance in the country.
Gold fell on Monday, notching its first monthly decline in six months, as strong U.S. factory and spending data coupled with fading worries about the euro zone debt crisis put a damper on the metal's rally.
