Oil majors can't get ahead of production declines despite spending on unconventional sources, an energy sector investment banker says.
Arcelor Mittal's profit came in at the top of analysts’ expectations Wednesday but its shares fell on profit taking, despite bullish comments from Aditya Mittal, president and CFO of the world’s largest steel maker.
India's lucrative outsourcing industry struggled Thursday to overcome Internet slowdowns and outages after cuts in two undersea cables sliced the country's bandwidth in half.
Over 30 years this Indian software engineer has helped pioneer outsourcing from the West. The company he co-founded now receives one and a half million job applications each year. By building Infosys he has contributed to a transformation of India's reputation, stoked controversy and built a personal fortune worth in excess of one billion US dollars.
British Prime Minister Gordon Brown travels to China and India in the next few days, knowing that boosting trade with the fast-growing countries could be vital at a time when the credit crunch hits growth elsewhere.
Indian Prime Minister Manmohan Singh meets his Chinese counterpart on Monday on a trip in which the world's two fastest-growing major economies will seek to put aside a lingering border dispute to build trade and investment.
Think emerging markets and you probably think China, India, and maybe Brazil. But as those markets mature are there newer markets worth a look?
ArcelorMittal, the world's largest steelmaker, plans to pay at least $1.7 billion for all of China Oriental Group's shares it does not own, boosting its footprint in the world's top consumer and producer of steel.
This company is the best way to play a sector that should be in bull mode for a long, long time.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
It’s widely believed that India will ink a free trade deal with the European Union sometime soon. What should you know about this global giant that you probably don't?
Dubai International Capital (DIC) plans to buy stakes in large Asian listed companies such as Singapore Telecommunications and DBS Group Holdings, a Singapore newspaper reported.
Mexico's Carlos Slim has been displaced as the world's richest man, at least for today, according to reports from India's news media.
With positive comments from Microsoft and Countrywide today, it's time to step back and take a slightly broader view of the markets. The S&P is up 7% this year (and 3% from its historic high).
The markets are having trouble holding their gains for a very simple reason: the decline in building permits suggests further decreases in housing starts in the months ahead. Here is a point where the bears may have some traction...
Here are my morning observations: 1) Techs come through: after the disappointment of yesterday, when many regional banks hit new lows, the news flow is far more positive. We said last week techs had to make some positive noises to justify their recent runups: Yahoo, Intel, and Seagate all were better than expected.
India-focused miner Vedanta Resources posted record production of most metals during the second quarter as new operations came on stream.
With the rupee close to a 9 year high against the dollar, outsourcing isn’t nearly as cost effective as it once was. In Wednesday’s Web Extra, hear from Tim Houlne the CEO of "insourcing” company Working Solutions. Also get the traders outsourcing plays.
The Carlyle Group hopes to seal its first property deal in India this year and is buying homes for the elderly in Japan, as the private equity firm's real estate arm looks to make inroads in Asia.
Electronic Data Systems has agreed to pay nearly $500,000 to settle an investigation into accounting irregularities alleged to have occurred from 2001 to 2003.
London-listed Arcelor Mittal is planning to crank up its steel production by pumping in an additional $35 billion into its global sites, company Chief Executive Lakshmi Mittal told the Financial Times Tuesday.