*Biggest brand India has ever created- Modi. MUMBAI, Feb 14- Thousands of people and mascots of lions swarmed the weekend opening of a "Make in India" drive to attract foreign direct investment, pitched by Prime Minister Narendra Modi as "the biggest brand that India has ever created". But even as the Make in India hype scales new heights, some bosses question Modi's...» Read More
WASHINGTON, Nov 1- A U.S. government agency has withdrawn a report that challenged Republican ideas about taxes and economic growth- an action that drew fire from Democrats who accused it on Thursday of bowing to political pressure.
DETROIT, Nov 1- Superstorm Sandy's fury caused U.S. auto sales to fall short of expectations in October, but industry executives still see a strong fourth quarter as the housing market improves.
Nov 1- Less than 40 percent of all the filling stations in New York City, Long Island and New Jersey were operating on Thursday as a combination of power outages and constricted fuel supplies in the aftermath of Hurricane Sandy sparked a frenzied tri-state search for fuel.
LIMA, Nov 1- Peru, South America's fastest-growing economy, might prepay billions of dollars in expensive foreign debt to stem the appreciation of the local currency caused by capital inflows, the country's finance minister said on Thursday.
NEW YORK, Nov 1- Nearly 1,200 retailers said on Thursday they will urge a federal judge to reject a proposed $7.2 billion settlement between merchants and Visa Inc and Mastercard Inc over credit card fees, calling it an ``unacceptable'' proposal that would strip away stores' legal rights.
WASHINGTON, Nov 1- The World Bank said on Thursday it had earmarked $245 million in credit lines and grants for Myanmar under an 18- month work plan that will focus on budget, regulatory and private sector reforms.
Ford Motor Co of Canada remained Canada's top-selling automaker in October with total sales increasing 7 percent. Having recorded sales of 135,000 in October, Canada is on track to reach 1.7 million units sold in 2012. Sales reached more than 1.7 million vehicles only once before, in 2002..
*Bair renews backing for ideas like ending $1 per share. *Fund firms seek compromise for oversight of $2.5 trillion industry.
Nov 1- Newmont Mining Corp, the world's second-largest gold producer, reported a 26 percent drop in quarterly profit as production at its Indonesian mine fell and operating costs rose. Profit fell to $367 million, or 74 per share, in the third quarter, from $493 million, or 98 cents per share, a year earlier.
Nov 1- New York's Metropolitan Transportation Authority does not expect to need to borrow to pay for cleanup and repairs arising from superstorm Sandy, the chief financial officer of the largest U.S. transport agency said on Thursday.
NEW YORK, Nov 1- Brent crude prices fell on Thursday on returning North Sea supply and euro-zone concerns, while U.S. gasoline edged higher as support from supply disruptions after super storm Sandy countered any pressure from data showing rising inventories.
Nov 1- Money manager Invesco Ltd said its third-quarter profit rose 2 percent as customers added almost $12 billion to the firm's funds.
*3rd quarter net loss 27 cents a share. Nov 1- Vertex Pharmaceuticals Inc reported a net loss for the third quarter on Thursday with results hurt by fast-declining sales of its Incivek hepatitis C drug, as the company turned its attention to developing a next generation of treatments for the serious liver disease.
*Yen dips as risk appetite increases, Japan outlook weighs. NEW YORK, Nov 1- The U.S. dollar rose against the yen, while commodity-linked currencies also firmed on Thursday as risk appetite improved after better-than-expected U.S. jobs data, which suggested the world's largest economy was on a more stable path to recovery.
WELLESLEY, Mass., Nov 1- The Federal Reserve should buy bonds at least until the U.S. jobless rate falls below 7.25 percent, a top Fed official said on Thursday, pitching a plan that would set the clearest end point so far for the central bank's quantitative easing program.
Nov 1- Professional social network LinkedIn Corp beat Wall Street's third-quarter profit and revenue targets on Thursday and raised its full-year revenue forecast. LinkedIn said it posted net income of $2.3 million, or 2 cents a share, during the three months ended Sept. 30, compared with a net loss of $1.6 million, or 2 cents a share, in the year-ago period.
Nov 1- Starbucks Corp reported higher quarterly profit on Thursday, as overall sales at its established coffee shops topped analysts' estimates, and it raised its forecast for fiscal 2013.. Starbucks net income rose 0.1 percent to $359 million, or 46 cents per share, topping analysts' average forecast by a penny, according to Thomson Reuters I/B/E/S.
Nov 1- Chesapeake Energy Corp reported a net loss on Thursday compared with a year-ago profit, as low natural gas prices prompted the U.S. oil and gas company to write down the value of some assets.
Nov 1- DreamWorks Animation SKG Inc's third-quarter results beat analysts' estimates, riding t he international box office success of `` Madagascar 3: Europe's Most Wanted''. DreamWorks' last movie for 2012, ``Rise of the Guardians'', featuring the voices of Alec Baldwin, Hugh Jackman and Jude Law among others, will release on Nov. 21 in the United States.
Nov 1- Global regulators on Thursday said Citigroup Inc, Deutsche Bank, HSBC and JPMorgan Chase& Co will need to hold the most extra capital of 28 banks considered so large and complex they need an extra buffer to absorb potential losses.