Wednesday, March 10, 2010

‘Business’ News

BSE Sensex rises 0.7 pct; automakers on top gear

Wednesday, March 10, 2010 5:11

MUMBAI (Reuters) – The BSE Sensex climbed 0.7 percent on Wednesday morning, with auto makers and Reliance Industries topping the list of gainers, as most Asian markets edged higher.

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BSE Sensex seen flat at open; Tata Steel watched

Wednesday, March 10, 2010 3:12

MUMBAI (Reuters) – The BSE Sensex is set to tread water on Wednesday, amid subdued cues from Asian markets, as investors remain risk averse.

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Toyota, U.S. officials investigate runaway Prius

Wednesday, March 10, 2010 0:25

LOS ANGELES/DETROIT (Reuters) - U.S. safety regulators and Toyota dispatched teams on Tuesday to inspect a Prius that sped out of control on a California freeway a day earlier, as the automaker struggled to reassure consumers shaken by its recall crisis. ...

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Telecoms lead Wall St rise a year after market bottom

Tuesday, March 9, 2010 21:37

NEW YORK (Reuters) - One year to the day after stocks fell to their worst close in more than 12 years, the U.S. market spent most of Tuesday spinning its wheels.

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Greek public, private sector clash over austerity

Tuesday, March 9, 2010 19:11

ATHENS (Reuters) - Greece's new austerity package has driven a wedge between private and public sector workers, pitting resentful private employees against civil servants seen as privileged over who should pay for the country's debt crisis.

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U.S. gains draw world stock index higher, yen rises

Tuesday, March 9, 2010 18:04

NEW YORK (Reuters) - World stocks hovered at six-week highs on Tuesday as hopes of economic recovery helped U.S. equities extend a year-long bull market, while a rising yen signalled some investors are growing more risk averse on nagging worries about European debt levels. ...

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EADS hit by tanker loss, A380 superjumbo woes

Tuesday, March 9, 2010 17:43

PARIS (Reuters) - Airbus parent EADS has ruled out making a solo bid for a lucrative U.S. tanker contract after its partner pulled out and said production problems on its A380 superjumbo would hit core profit this year. ...

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Arms, energy to dominate Russia’s Putin India trip

Tuesday, March 9, 2010 16:47

MOSCOW (Reuters) - Russian Premier Vladimir Putin will offer a traditional cocktail of arms and oil deals when he travels to India on Thursday to persuade a Cold War ally to buy new weapons amid rising competition with the United States. ...

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Founders, Citi buy Tata Motors shares from Daimler - BSE

Tuesday, March 9, 2010 14:53

MUMBAI (Reuters) - Tata Sons, the holding entity for Tata Group firms, and Citigroup have acquired 8.65 million shares in Tata Motors from Germany's Daimler AG according to data on the Bombay Stock Exchange website.

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Govt to borrow more from mkt in H1 of 2010/11

Tuesday, March 9, 2010 14:22

NEW DELHI (Reuters) - The government will raise by September more than half of its record $100 billion planned borrowing for the financial year that begins on April 1, a top adviser said on Tuesday, allowing more space for private borrowing as the economic growth picks up steam. ...

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