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Adriana Garcia won't be buying her family Christmas gifts this year.

India suspended plans to open its $450 billion supermarket sector to foreign firms such as Wal-Mart Stores Inc , backtracking from one of the government's boldest reforms in years in the face of a huge political backlash.

Swedish retail clothing brand, H&M, has been charged for using computer-generated model bodies for showcasing their swimwear and lingerie collection on their e-commerce site.

India's power, telecoms and aviation sectors, core to sustaining the country's growth, are in various states of crisis. This crisis may force the government to bring about reforms.

Canada's canola oil exports to India are expected to double in the next 4-5 years as the country's burgeoning middle class opts for healthier edible oil options, said an executive of the Canola Council of Canada.

Data is the lifeblood of all online marketing. Few people understand that better than Signpost CEO Stuart Wall, a man once knee-deep in the data-driven world of finance. Wall, who'd spent two years crunching numbers at Bain & Co., ditched his unglamorous gig as an analyst to start his own business. He now sits at the helm of the city's hottest advertising startup, Signpost.

Amazon's Kindle Fire tablet, one of the hottest gadgets this holiday season because of its low price, has some parents bristling over the simplicity at which children can order from the retail giant and the inability to stop them without crippling the device.

European equities finished weaker in a choppy, thinly-traded session on Tuesday, led lower by retail shares after the world's No.4 retailer Metro issued a profit warning saying the Eurozone debt crisis was undermining consumer confidence.

The stock of online retail giant Amazon.com (AMZN) has dipped recently, but is the pull-back a buy opportunity?

The European Commission is investigating whether e-book publishers owned by Lagardere, Pearson Plc, News Corp. and two other firms may have colluded with Apple to block rivals via their pricing deals.

Retailers are generally optimistic about their holiday performance so far, although shaky economic conditions could change things quickly, the chief executive officer of American Express Co said on Tuesday.

European shares were flat on Tuesday at mid-day as strategists said they were optimistic policymakers would make progress on a solution for the region's debt crisis, though Standard & Poor's warned it might downgrade top-rated Germany and other Eurozone countries.

The growth rates of all four BRIC (Brazil, Russia, India and China) economies have surpassed expectations in the decade since the term came into existence. However, India's record in terms of productivity, Foreign Direct Investment (FDI) and reform has been the most disappointing, according to Jim O'Neil, the Chairman of Goldman Sachs Asset Management, on Tuesday.

Total construction spending has contributed to real Gross Domestic Product (GDP) over the past two quarters and is expected to add to economic growth through 2013.

Past and present MF Global employees sued ex-CEO Jon Corzine and other executives over alleged misrepresentations they say destroyed the value of the company's stock.

The highly anticipated Galaxy Nexus for Verizon Wireless, the latest high-end smartphone from Samsung, will sell for $299.99, The Wall Street Journal reported being told by people familiar with the situation.

The top after market NYSE gainers on Monday were: Higher One Holdings, Qihoo 360 Technology, CPI Corp, Sequans Communications and Frontline Ltd. The top after market NYSE Losers were: Nustar Energy, Mac-Gray Corp, Federal Signal, Armstrong World Industries and Cardinal Health.

Finally, a sight we have all been waiting for: the Galaxy Nexus in what appears to be Verizon's red retail packaging.

Former Penn State football coach Joe Paterno and board members of Second Mile, Jerry Sandusky's charity, partnered to develop a $125 million housing project, suggesting Paterno had close business ties with the group, reported the Daily.

Americans spent nearly $6 billion online at retailers' Web sites last week, as the so-called Cyber Week followed in the record-selling footsteps of Cyber Monday and Black Friday.

The Federal Reserve must take immediate action to inject new life into a moribund U.S. recovery or risk letting the nation settle into a permanently lower growth path, a top Fed official said on Monday.