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Mauritius sees FDI falling 42.6 pct in 2011: finmin

Pravind Jugnauth
Mauritius sees foreign direct investment (FDI) to the Indian Ocean island falling by 42.6 percent in 2011, from record levels last year when investment was boosted by two exceptionally big deals, its Finance minister said on Tuesday.
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Infosys Q2 profit up, cuts revenue outlook

Infosys Ltd , India's No.2 software services exporter, reported a 9.7-percent rise in quarterly profit and cut its full-year revenue outlook by less-than-expected, cheering investors who shrugged off its warning about global economic uncertainty.
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Boeing 787

787 Dreamliner: 5 Reasons Boeing's Big Bet Will Win

Boeing has delivered its first 787 Dreamliner to All Nippon Airways and a company vice president told employees in a ceremony they are part of a once-in-a-lifetime experience. It's a signature moment for the company, aviation, the flying public, and even America.
An ANA 787 Dreamliner

Boeing 787 Dreamliner Delivered: Big Dream Becomes Big Reality

Boeing has spent roughly $32 billion so far to launch the Dreamliner, according to an estimate by The Seattle Times, with half spent in development and half spent on manufacturing. Now Boeing has finally crossed the achievement threshold, completing the company's first contractual delivery of a 787 Dreamliner.
U.S. and Global Economies

G-20: Globalization's Two-Edged Sword

Even as G-20 leaders grapple with the global financial crisis, a larger, over-arching concern is limiting GDP growth in the U.S., and, to a lesser degree, in other developed economies and, by extension, decreasing the capacity of the these nations to counteract the crisis: inadequate wage growth.
Chief Executive of Tata Consultancy Services Chandrasekaran and Chief Financial Officer Mahalingam attend a news conference to announce the company's Q4 results in Mumbai

TCS Sees Opportunities Amid Downturn

Outsourcing leader Tata Consultancy Services (TCS) sees opportunity as corporate customers embrace new technology, although a poor economy means that overall spending in the United States and Europe will stay weak.
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How Long Will Accenture's Good Times Roll?

IT services is typically late cycle, so Jefferies doesn't believe the recent macro volatility will be evident in Accenture Plc (NYSE: ACN) fiscal fourth quarter results on Sept. 27.
Morticians prepare a body at the Lastel corpse hotel in Yokohama, south of Tokyo, September 10, 2011. Death is a rare booming market in stagnant Japan and the Lastel corpse hotel, where bereaved families can check in their dead while they wait their turn

Death Industry Reaps Grim Profit as Japan Dies

Across from a noodle shop in a Yokohama suburb, Hisayoshi Teramura's inn looks much like any other small lodging that dots the port city. Occasionally, it's even mistaken for a love hotel by couples hankering for some time beneath the sheets.
Labor Day 2011

Labor Day 2011: Simply, U.S. Needs Millions of New Jobs

The United States enters this Labor Day faced with many problems, and the most serious of which concerns jobs -- the state of working America is in its most trying condition in generations, with the unemployment at a very high 9.1 percent, and the nation short at least 11 million jobs.
Traders at the New York Mercantile Exchange

Gold, Silver Prices Rise on Strong Foreign Buying

Gold and silver prices closed modestly higher on the futures markets Wednesday as strong demand from foreign buyers offset expectations that the Federal Reserve will signal fresh, potentially inflationary, intervention in the market next month.
Gold bullion

Gold Price Rises Despite Investors' Greater Risk Appetite

Global demand for gold lifted the price of the yellow metal Wednesday, countering a growing appetite for risk among U.S. investors, many of whom expect the Federal Reserve to come to the aid of the U.S. economy, perhaps as early as September.

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