The Indian currency continued to decline, prompting investors to shy away from investing in the country.
Sectors
Senators ask energy regulators for details of JP Morgan settlement
Two Democratic senators asked FERC chairman Jon Wellinghoff on how the settlement with JPMorgan Ventures Energy Corp was reached.
Industry analysts expect high car sales for July
Analysts in the car industry said they are expecting high car sales for July. As the car industry awaits the sales reports of automakers, analysts said they are expecting a 14% to 16% rise in automobile sales for July.
Saudi king initiates mega investments
King Abdullah bin Abdul Aziz of Saudi Arabia launched mega investments to create jobs. King Abdullah bin Abdul Aziz of Saudi Arabia launched different development projects amounting to SR327 billion or US$81 billion on Thursday.
Private investments spares Ellis Medicine from negative profit
Ellis Medicine barely passed the positive net income mark in its midyear performance report due to investment income.
Latest News
Chinese organizations accused Apple Inc's supplier Foxconn and Taiwanese supplier UniMicron Technology Corp of environmental violations.
Institutional investors, who own most of MCX's shares, panicked after shares of the company slid in the last quarter.
Reuters reported that China's private businesses could experience succession problem in the next few years.
IP Global and the DeVere Group announced the formation of a landmark global partnership. IP Global and the DeVere Group announced the formation of a landmark global partnership.
Chinese regulators urged local importers of Fonterra's products to recall their contaminated items after the dairy maker warned some infant milk and food products contained botulism-causing bacteria.
Apple described the US Justice Department's proposal to regulate its e-book sales as "draconian and punitive."
The New York Times Co announced that it has agreed to sell the Boston Globe newspaper to John Henry.
The City of Richmond filed a lawsuit against Chevron Corp over a refinery fire that occurred last year.
San Francisco District judge denies class action certification by women filing case against Wal-Mart
San Francisco U.S. District Judge Charles Breyer rejected a motion filed by women workers of Wal-Mart's California offices as a class action lawsuit.
