Business News: General

Prime Minister Manmohan Singh is in Washington for a state visit set to boost the burgeoning economic relationship between two countries, which had relatively marginal commercial dealings a decade ago.

Rupert Murdoch has spent months complaining that Google is ruining the newspaper business, and now he wants to do something about it.

Mumbai, Nov 24 (PTI) Realty firm Orbit Corporation today said it is close to inking a deal to raise up to Rs 200 crore through private equity placement in Orbit High City.

Mumbai, Nov 24 (PTI) Gold prices continued its record-making journey on the bullion market here today supported by sustained local buying interest amid firming prices in New York.

New Delhi, Nov 24 (PTI) The government today said 8,710 rural godowns have been constructed under the Rural Godown Scheme till October, 2009.

New Delhi, Nov 24 (PTI) The government today said prices of pulses have surged by up to 80 per cent in the national capital over the last one year.

Mumbai, Nov 24 (PTI) Cable television firm Den Networks today plunged 16 per cent on its maiden run to close at Rs 163.10 on the Bombay Stock Exchange.

Mumbai, Nov 24 (PTI) Global IT services provider HCL Technologies today announced a strategic partnership with Savvion to extend its services in the Business Process Management (BPM) space.

Mumbai, Nov 24 (PTI) Essar group company Essar Oil to start aviation turbine fuel marketing in the next six to nine months, a senior company official said.

SINGAPORE (AP) Oil prices hovered near $76 a barrel Wednesday in Asia as investors mulled whether signs of a sluggish U.S. economy and weak crude demand justified a further sell-off this week.

\SINGAPORE (AP) Oil prices rose above $76 a barrel Wednesday in Asia as investors mulled whether signs of a sluggish U.S. economy and weak crude demand justify a further sell-off this week.

Growing world oil use will likely outpace the rate of new supplies in 2010, eroding the huge stockpiles of crude which have mounted around the world since the start of the global economic crisis.

China's energy firms are reducing gas supplies to industry to avoid having to cut off households during winter, but risking more factory shutdowns, dampening production and raising costs as shortages may worsen.

Leading bourse Bombay Stock Exchange will soon roll out websites in many regional languages including Marathi, Tamil and Punjabi, a senior official said.

The Bombay Stock Exchange benchmark Sensex on Tuesday lost over 68 points in opening trade as funds and retail investors preferred to book profits amid weak Asian markets.

SEOUL, South Korea (AP) Kia Motors launched its luxury Cadenza with help from an opera singer and a heartthrob of the South Korean cinema, betting the new sedan will raise the company's game to a higher level and attract customers even as the outlook for the global economy remains cloudy.

Reuters - Playboy Enterprises Inc will outsource most of the business operations of its namesake magazine in an effort to curb losses, the Wall Street Journal said on Tuesday.

BEIJING (AP) China hopes to forge a common stance with Europe against protectionism and discuss ways to tackle climate change at a summit next week, a senior diplomat said Tuesday.

TOKYO (AP) Japan Airlines said Tuesday it obtained government approval to receive up to $1.1 billion in emergency loans aimed at preventing the money-losing company from grounding flights.

Britain's Lloyds Banking Group plans to cut around 800 jobs following changes to its life, pensions and investments operations after the bank lost an administration contract with insurer Equitable Life.