ROME (Reuters) - Fiat's proposed alliance with Chrysler appears to be a "useful" business move that will not hurt its Italian workers, but a future acquisition in Europe might, an Italian labour leader said on Wednesday.
LONDON (Reuters) - Royal Dutch Shell Plc became the latest oil company to report sharply lower first quarter profits due to a halving of the crude price, while beating analysts forecasts as trading activity flourished.
LONDON (Reuters) - Anglo-Dutch steelmaker Corus said on Wednesday it was not aware of any intentions by Italian Marcegaglia or South Korean Dongkuk to scrap their planned purchase of its UK Teesside Cast Products (TCP) plant.
NEW DELHI (Reuters) - Indian economy is expected to grow by 6.5-6.9 percent in the 2009/10 financial year with revival of investment and consumption demand but inflation may rise, an economic think-tank said on Wednesday.
MUMBAI (Reuters) - State-run lender Bank of India expects to maintain net interest margin at 3 percent in 2009/10 on softer deposit rates, a top official said on Wednesday.
FRANKFURT (Reuters) - Volkswagen's flagship VW brand swung sharply to a first-quarter operating loss of 279 million euros ($368 million) after earning nearly half a billion in the previous year's quarter.
NEW DELHI (Reuters) - India's garment exports rose 4.6 percent to $10.13 billion in the year ended March from $9.68 billion in the previous year, missing its 14 percent growth target, the Apparel Export Promotion Council said on Wednesday.
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MUMBAI (Reuters) - Indian stock fund managers cut cash in March and a majority of them plan to trim it further to take advantage of an ongoing share market rally, according to a Reuters asset allocation poll of seven domestic fund houses.
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MUMBAI (Reuters) - The Indian economy is likely to expand at 4.6 percent in 2009 with the sharp slowdown in investment dragging down the growth rate, Moody's Economy.com said in a note on Wednesday.