Last Monday, the Indian government said that it would give preference over locally made electronics goods for procurement in the government and private sector.
Industry
Bernanke speech fuels stock market
After the speech of Ben Bernanke, stocks surged. After delivering his anticipated speech last Wednesday, Ben Bernanke seemed to be the extra fuel that the stock market engine needed to go full blast.
European Commission proposes an agency to shut and revamp troubled banks
The European Commission proposed the creation of a new agency that would close and revamp failed banks.
Merkel pushes for free trade but adds EU must not forget US spying
Angela Merkel wanted to push for free trade but told EU allies not to sweep America's secret surveillance under the carpet.
Interest rate rise, stock price fall affect consumer sentiment
The increase in interest rates and decrease in stock price took off the glow in consumer sentiment. In early July, fears regarding increasing interest rates and decreasing share costs dinged US consumer sentiment.
Latest News
ECB's executive board member said that the bank's interest rates would remain the same as long as inflation stays moderate.
JPMorgan Chase & Co. and Wells Fargo & Co., lost US$6.5 billion in combined equity that threatened levels of capital across the industry.
Bangladesh dubbed as king in the knitwear manufacturing and exporting industry. Bangladesh is dubbed as the hero in the knitwear manufacturing and exporting industry.
Prime Minister Shinzo Abe faced a tough test on whether or not permit foreign firms operating in Japan to easily fire out workers after IBM was sued for illegal termination of employees.
UBS gained back the title of largest private bank UBS gained back the title as the world's largest private bank as fresh client funds surged in the previous year.
Hedge funds sees a decline for the first time in eight months Hedge funds recorded their first monthly decline in eight months this June, as they battled volatile stock and bond markets.
US hospitals shifted from the conventional paper record keeping to standardized electronic health records after receiving funds from the federal government.
The IMF announced that the euro zone must take a coordinated action to revive economic growth The International Monetary Fund (IMF) said in a strongly worded statement that the euro zone must take a coordinated action to revive economic growth.
Asian share rose amidst investor's worries Asian shares rose after tracking a rally on Wall Street which was spurred by gains that were capped by investors' nervousness over the Beijing drive to reform credit and the implications of tighter U.
