Government taking measures to spur investment: PM
byGreater Noida, May 4 (IANS) The government is taking measures to spur investment and accelerate economic growth to 8 percent from the sluggish nearly…
Business
Canada announces funding for clean energy projects
byOttawa, May 4 (IANS) Canadian Prime Minister Stephen Harper announced 82 million Canadian dollars in funding for 55 new clean-energy projects, ranging from electric…
US unemployment rate drops
byWashington, May 4 (IANS) US unemployment rate edged down to 7.5 percent in April from 7.6 percent in March, its lowest level since December…
Spain’s consumer confidence improves
byMadrid, May 4 (IANS) Spain’s consumer confidence in April increased by 4.6 points to 56.7, according to data published by the Sociological Research Centre…
Air France-KLM suffers loss
byThe Hague, May 4 (IANS) The Air France-KLM group suffered a net loss of 630 million euros ($826 million) in the first quarter of…
Brazil firm to step up search for onshore gas reserves
byRio de Janeiro, May 4 (IANS/EFE) Brazilian state-controlled energy giant Petrobras, whose production mostly comes from deep-water fields, will step up its search for…
Murugappa group plans Rs.450 crore capex
byChennai, May 4 (IANS) Industrial conglomerate $4.17 billion Murugappa group, while consolidating its acquisitions of last year, will invest around Rs.450 crore to complete…
Honda to build plant in Mexico
byMexico City, May 4 (IANS/EFE) The Mexican unit of Japanese auto giant the Honda Motor Co. announced plans to invest $470 million in the…
Chinese firm to build solar research center in Puerto Rico
bySan Juan, May 4 (IANS/EFE) Chinese company Jiangsu Sainty will build a research center in Puerto Rico that will study new ways to use…
Spain to get time till 2016 to reduce deficit: EU
byBrussels, May 4 (IANS/EFE) Spain will be given time till 2016 to bring its budget deficit down below 3 percent of gross domestic product,…