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Business
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No economic slowdown for China after 2008
Says economist
China's economy will not suffer a slowdown, and the country will remain a developing nation, after the 2008 Olympic Games, according to a senior Chinese economist.
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Metal hammers higher, oil skids lower
Metal prices jumped higher this week as the US dollar struggled to find higher ground, while lead hit a record high on worries over critically low stockpiles and Chinese demand.
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Eurozone set for brisk growth
The 13-nation eurozone economy is set for brisk growth this year despite losing some pace in the first three months, official data showed on Friday as unemployment fell to a record low point.
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Global airline industry leaders meet today
Focus on efforts to reduce greenhouse-gas emissions
The world's airline industry opens its annual meeting in the Canadian city of Vancouver Sunday with the link between increased air traffic and global warming front and center on its radar screen.
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Pakistan economy posts 7pc growth
Pakistan economy has shown a robust growth as the country's Gross Domestic Product (GDP) has registered an average growth rate of 7 percent for the fourth consecutive year.
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Tata Tea aims high
Tata Tea, which recently sold its stake in US energy drinks maker Glaceau to Coca Cola for nearly Rs 4,800 crore, on Thursday said it would buy about 46 per cent stake in Mount Everest Mineral Water Ltd
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Best Weatern plans 100 hotels in India
The world's largest chain of hotels, Best Western International (BWI) on Thursday announced its plan to expand in India by starting 100 hotels in the next 10 years.
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GM US sales up 4.7pc in May
General Motors Corp.'s US sales rose 4.7 percent in May to 375,682 vehicles as a new product lineup offset planned reductions in sales to rental car companies, the automaker said Friday.
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$620m ADB loans for India
India is to get two Asian Development Bank loans totalling 620 million dollars to improve rural roads and basic urban services in two states, the Philippines-based lender said Friday.
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Kuwait Airways cuts losses in 2006-07
The Kuwait Airways Corporation (KAC) said Friday its losses in the past fiscal year ending on March 31 were estimated to reach 9.2 million Kuwaiti dinars, or about 31.
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Indian exports may get a breather from govt
Indian government on Friday said it would formulate a package to soften the impact of rising rupee on exports from employment-intensive sectors which do not rely on imports in a big way.
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