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MUMBAI — India’s cash-strapped Kingfisher Airlines said on Thursday that it plans to start selling some unused real estate to raise much-required funds.

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LONDON — Markets dropped Thursday after a surprise rate cut from China spooked investors into worrying that the downturn in the world’s second-largest economy may be bigger than they had expected.

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NEW YORK - Wall Street was set for a slightly lower open on Thursday in the wake of a slew of economic data and moves by global central banks to provide further monetary stimulus.

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LONDON - European shares and commodities rose on Thursday after China surprised markets by cutting its key interest rates and the European Central Bank followed with a widely-expected rate cut to tackle a downturn in economic activity.

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HONG KONG — Asian markets were mixed Thursday as investors took to the sidelines following recent gains and waited for a European Central Bank meeting amid expectations of an interest rate cut.

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TOKYO — Moody’s on Thursday upgraded its rating on Nissan Motor, citing its profitability and global market position after the automaker bucked a trend of falling profits among Japanese car giants.

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LONDON/SHANGHAI - Copper rose on Thursday after China trimmed interest rates, but the move was tentative ahead of a European Central Bank meeting that is expected to cut rates and may revive stimulus measures that could boost economic growth and metals demand.

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MADRID — Spain paid sharply higher borrowing costs on key 10-year bonds Thursday, a sign that a European Union deal to tackle the eurozone crisis has failed to calm investors’ nerves.

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NEW DELHI - Major global companies consider India their third most favoured destination after China and the United States, a UN report said on Thursday, and investment inflows could increase by more than 20 percent both this year and next.

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