NEW DELHI — Factory activity picked up pace in Asia with China showing stronger momentum and India also gathering steam, according to business surveys released on Wednesday, buoying recovery hopes in the region.
NEW DELHI — Factory activity picked up pace in Asia with China showing stronger momentum and India also gathering steam, according to business surveys released on Wednesday, buoying recovery hopes in the region.
NEW YORK - U.S. stocks were set for a lower open on Wednesday as a weaker euro zone report sparked new concerns about the region¡¯s fiscal health and new data on the U.S. labor market missed forecasts.
NEW YORK — MasterCard’s first-quarter profit rose 25 percent on a big spike in card use overseas.
LONDON - Gold prices eased on Wednesday along with the euro after a downbeat survey of euro zone manufacturing activity contrasted with a stronger U.S. reading, though the metal pared losses after soft U.S. jobs report pulled the dollar from highs.
NEW YORK — U.S. stock market futures fell Wednesday after disappointing data on Europe’s economy and a report showing slowing job growth at home.
KUALA LUMPUR, Malaysia — Budget carrier AirAsia and state-owned Malaysia Airlines said Wednesday they have terminated a share swap deal signed last year but will continue plans to collaborate in areas such as procurement, training and aircraft maintenance.
COPENHAGEN - Vestas, the world’s biggest wind turbine maker, plunged to a larger than expected first-quarter loss due to delayed deliveries and rising costs, the latest blow to the renewable energy sector and piling pressure on its embattled boss.
NEW YORK - Global stocks and the euro fell on Wednesday after disappointing news on euro zone manufacturing activity and U.S. private-sector jobs growth reignited concerns about a global economic slowdown.
LONDON — Record high unemployment for the 17 countries that use the euro is set to increase the pressure on Europe’s leaders to switch from a focus on austerity to a pro-growth strategy to stop the region from moving deeper into recession.
NEW DELHI — India’s leading mobile phone firm by subscribers, Bharti Airtel, reported Wednesday a worse-than-expected 28 percent dive in quarterly net profit, hit by debt charges and foreign exchange losses.