The State Bank of India, the country's biggest lender, will name and shame "wilful" defaulters and put their pictures in newspapers to get them to pay up, the Economic Times has reported.
China has a stake in helping the Eurozone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's importance not only as an export market but also as a source of technology.
Greek Prime Minister Lucas Papademos faces the critical task of convincing international lenders and political-party leaders on Sunday to agree to the stringent terms of a 130 billion euro ($171 billion) rescue plan to stave off looming default.
When the New York Giants and New England Patriots battle in Super Bowl XLVI on Sunday, they'll be playing in a stadium that was largely financed by taxpayers. Some critics dispute the positive economic benefits of stadiums, which have received around $20 billion in subsidies in the last two decades.
Europe will again be at the center of investors' focus next week as the U.S. earnings season passes the halfway mark and there is little on the economic calendar to give the market direction.
The Bank of America will sell and leaseback some of its administrative office space as part of its move to shed nonessential assets.
European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said.
A surge in hiring in the world's largest economy last month drove the Nasdaq Composite Index to an 11-year high on Friday as optimism grew that the U.S. labor market is on a steady path to recovery.
Stocks and high-yield bonds rallied in U.S. markets Friday, after yet another round of positive economic data proved a boon to investors betting that the economy will improve at a faster rate than previously forecast.
Almost every major global economy showed positive momentum in the manufacturing sector during January, according to data compiled by various economic-research organizations.
There are officially some 12,000 homeless people living on the streets of the capital city of Kiev (out of a total population of about 2.6-million).
Are you living in misery in one of America’s most miserable cities?
Orange juice futures fell on Friday after the U.S. Food and Drug Administration (FDA) said that fungicide found in Brazilian exports were not a public threat and wouldn't affect supply.
The nation's capital has been a leader when it comes to real estate. While much of the country's housing market continues to languish, Washington D.C. and the surrounding area have seen tight inventory and price growth in recent months.
Unless you have been living under a rock for the last couple of years, you'll know that companies big or small have been constantly axing jobs across the board. Which companies are axing jobs in 2012?
Stock index futures pointed to a sharply higher open on Friday after the government reported the U.S. economy created jobs at the fastest pace in nine months, infusing optimism into markets.
European stocks were up around midday on Friday, hitting a six- month high as investors cheered data that hinted the euro zone may avoid slipping back into recession, eclipsing a disappointing start to the earnings season.
Brent crude rose above $112 on Friday as Supreme Leader Ayatollah Ali Khamenei warned that the Iran would retaliate over an oil embargo at the right time.
Japan's Nikkei share average fell on Friday for the first time in four days ahead of U.S. jobs data, though Sony Corp (6758.T) soared as investors hoped a new CEO would turn things around after it forecast a $2.9 billion annual loss.
The top aftermarket NYSE gainers Thursday were: Sony Corp, PerkinElmer, Genworth Financial, Covanta Holding, Neustar, Iamgold Corp, Investment Technology Group, Netsuite and Weyerhaeuser Co.
The top after-market NASDAQ gainers Thursday were: Trimble Navigation, Infinera, Zoltek Companies, Digital River, TeleCommunication Systems, On Assignment, Silicon Image, Silicon Motion Technology Corp and Gilead Sciences.
The top after-market NASDAQ Losers Thursday were: Acme Packet, Hansen Medical, Atmel, CME Group, Sigma Designs, Hot Topic, Mindspeed Technologies, Sangamo BioSciences, Cbeyond and Columbia Sportswear.
The rupee rose on Friday, supported by dollar inflows, although choppy local shares and cautious sentiment across world financial markets ahead of key U.S. jobs data capped major gains in the local currency.
Asian shares and the euro fell on Friday as debt restructuring talks between Greece and its creditors dragged on, undermining sentiment, and investors sat tight ahead of U.S. jobs data that will offer more clues on the health of the world's top economy.
The top aftermarket NYSE losers Thursday were: BHP Billiton, Robbins & Myers, Inphi Corp, Edwards Lifesciences, Greenbrier Companies, Sara Lee Corp, Griffon Corp, Stoneridge, FirstEnergy Corp and Vishay Intertechnology.
The BSE Sensex was subdued on Friday as some profit-taking emerged after the index rose more than 3 percent in the last three sessions, and as weak Asian markets ahead of key U.S. jobs data dented investor sentiment.
The Bank of America is no longer the nation's biggest mortgage servicer in the U.S., according to the latest report.
Federal prosecutors focus for first tiFederal prosecutors focus for first time on overseas bank in $1.2bn tax fraud investigation into offshore accounts.me on overseas bank in tax fraud allegations.
Asian shares and the euro fell Friday as caution set in ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on and undermined sentiment.
Asian shares and major currencies were stuck in ranges Friday ahead of key U.S. jobs data, which will offer more clues over the state of the world's largest economy, while Greek debt restructuring talks dragged on.
