GO
Loading...

India

More

  • NEW DELHI/ MUMBAI, Oct 29- India's new oil minister has promised to speed decision making in an effort to attract foreign investment, and will push domestic oil companies to aggressively bid for foreign oil and gas assets to meet growing energy demand.

  • *Exec hopes China output back to normal in Feb. TOKYO, Oct 29- Honda Motor Co cut its full-year net profit forecast by a fifth after sales in China were hit by a popular backlash against Japanese goods, and warned it could be February before business in the world's biggest autos market returns to normal.

  • BEIJING, Oct 29- Toyota Motor Corp blames its China underperformance on the widespread anti- Japan protests triggered by a territorial row.

  • Reuters World News Highlights at 0820 GMT, Oct 29 Monday, 29 Oct 2012 | 8:20 AM ET

    NEW YORK- Hurricane Sandy, which could become the largest storm ever to hit the United States, is set to bring much of the East Coast, including New York and Washington, to a virtual standstill in the next few days with battering winds, flooding and the risk of widespread power outages.

  • Move offers rare chance for miners who may not have considered Japan. TOKYO, Oct 29- Japan's biggest utility, Tokyo Electric Power Co, plans to buy coal from a wider group of suppliers in a drive to cut costs as it starts operations of new coal-fired power stations, a company official said.

  • A Bank of Japan meeting looms and Australia's central bank pushes back — it's time for your FX Fix.

  • SINGAPORE, Oct 29- Gold edged up on Monday after robust U.S. economic data lifted prices in the previous session, but gains could be capped by a firmer U.S. dollar, as well as lingering concerns about Greece's debt woes and a possible bailout for Spain.

  • Recent policy reforms by the Indian government to boost investment and rein in fiscal spending have raised speculation that the country's central bank will do its part to revive economic growth by easing monetary conditions at its rate-setting meeting on Tuesday.

  • ANGUL, India, Oct 29- A few hundred metres from the high walls and barbed wire guarding billionaire Naveen Jindal's upcoming steel plant, a dozen men have gathered at a tea stall.

  • Take Taiwan's E Ink Holdings Inc, which makes most of the monochrome displays for devices such as Amazon.com Inc's Kindle and Barnes& Noble Inc's Nook. ``The bottom fell out of the market,'' says E Ink Chief Marketing Officer Sriram Peruvemba.

  • BEIJING, Oct 29- The roots of Toyota Motor Corp's China troubles run far deeper than the anti- Japan protests that have swept the country, stretching back to the 2008 launch of the Yaris subcompact-- a spectacular flop with price-conscious Chinese buyers.

  • SUDBURY, Ontario, Oct 28- In an office trailer parked outside a mine shaft in northern Ontario, operator Carolyn St-Jean leans back in her chair and monitors a machine loading nickel-rich ore into rail cars deep underground.

  • SUDBURY, Ontario, Oct 28- In an office trailer parked outside a mine shaft in northern Ontario, operator Carolyn St-Jean leans back in her chair and monitors a machine loading nickel-rich ore into rail cars deep underground.

  • Spain anti-austerity protests draw thousands Saturday, 27 Oct 2012 | 2:52 PM ET

    MADRID-- Several thousand people marched to Spain's parliament in an anti-austerity protest Saturday, but were held back from surrounding the building by metal rail barricades and a large police presence.

  • American economy expands at modest 2 percent pace Friday, 26 Oct 2012 | 5:40 PM ET

    Voters who are still undecided about the presidential election aren't likely to be swayed by Friday's mixed report from the Commerce Department. "For the average American, I don't think changes in quarterly GDP" make a big difference in their perception of the economy, said Andrew Kohut, president of the Pew Research Center. "

  • Oct 26- U.S. auto parts supplier American Axle and Manufacturing Holdings Inc reported disappointing quarterly results on Friday, hurt by restructuring and debt refinancing costs and by higher-than-expected costs from new-product launches. Debt refinancing and redemption costs reduced third-quarter results by $10.1 million, or 14 cents per share.

  • Oct 25- Verisign Inc's third-quarter results modestly beat estimates, but the company that assigns Internet protocol addresses said the Commerce Department may not complete its contract review before it expires on Nov. 30, sending its shares down 15 percent after market.

  • Mylan at long-time high on outlook, deal talk Friday, 26 Oct 2012 | 3:30 PM ET

    NEW YORK-- Shares of Mylan Inc. rose to their highest price in almost nine years on Friday after the drugmaker reported higher sales of its EpiPen allergy injection and raised its 2012 guidance. The company said it now expects to earn between $2.50 and $2.60 per share in 2012, about 15 cents per share more than it had expected.

  • PRECIOUS-Gold turns positive after U.S. growth data Friday, 26 Oct 2012 | 3:02 PM ET

    LONDON, Oct 26- Gold turned positive along with other commodities and nominally higher risk assets like stocks on Friday after better-than-expected U.S. third-quarter growth data, reversing earlier losses linked to weak corporate earnings.

  • Apple's weak margin outlook surprises analysts Friday, 26 Oct 2012 | 11:12 AM ET

    Oct 26- At least three brokerages cut their price targets on Apple Inc by up to $50 a share after the iPhone maker surprised analysts by forecasting lower gross margins for the current quarter. For the December quarter, Apple forecast revenue of $52 billion, below estimates of $55 billion, according to Thomson Reuters I/B/E/S.