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SKorea approves free trade deal

SKorea's parliament ratified a free trade deal with India, opening way to elimination of tariffs.

US productivity surges

US business productivity grew at its fastest clip in six years in the third quarter.

Indian among 14 more charged in Wall St scam

FBI has charged Deep Shah, a former employee of Moody's, with conspiracy and securities fraud.

Nissan returns to profit in latest quarter

Nissan Motor Co, Japan’s third-biggest automaker, revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond the market’s expectations.

GM sees October sales bounce, Chrysler plunges

General Motors posted its first monthly sales increase in nearly two years on Tuesday as a rebound in industrywide U.S.

Disney gets nod for Shanghai theme park

Walt Disney Co received approval from govt of China for building a theme park in Shanghai.

Japan, US biz leaders call for closer economic ties

Japanese and US business leaders call for strengthening bilateral economic relations in Asia.

Bridgestone to halt tire supply for F1

Japanese tyre maker Bridgestone Corp said on Monday it would quit Formula One next year, dealing a further blow to the sport after the recent withdrawal of other high-profile firms due to the global downturn.

Economy moving in right direction: US

Barack Obama said there are clear signs that his Govt's efforts to stimulate economy were moving in right direction.

US recession ends, unofficially

The US economy grew in the third quarter for the first time in a year.

India, Saudi agree to grant multiple entry visas

India and Saudi Arabia have agreed to grant multiple entry visas to businesspersons.

India asks UK to allow more IT professionals

Britain has promised to look into suggestions to allow more Indian IT professionals into UK.

Obama to meet business lobby critics

Obama will hold talks with officials of the US Chamber of Commerce to discuss healthcare overhaul.

Amazon soars above Street view

But a growing price war with Wal-Mart Stores Inc means that margins could be at risk in coming months.

BP looking at Kosmos bid: Report

Exxon Mobil agreed to buy Jubilee stake from Kosmos in Oct, according to sources.

US govt reforms advance in Congress

The Obama administartion made gains in its push for US financial reform.

Volvo Q3 loss smaller than forecast

World No. 2 truck maker Volvo posted a smaller-than-expected Q3 operating loss on Friday.

CIT, Goldman in tentative pact: Report

CIT Group reached a tentative agreement with Goldman Sachs Group Inc over a disputed payment on a $3 billion loan.

Microsoft launches Windows 7

Microsoft launched Windows 7 in its most important release for more than a decade.

France to help India boost food processing

In an effort to help India develop its food processing sector, France has offered to set up a joint working group and has offered its expertise and technology in the area, according to France’s minister for foreign trade Anne-Marie Idrac.

Chinese growth quickens in Q3

Annual GDP growth in China accelerated to 8.9 per cent in the third quarter.

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