Finance Minister Pranab Mukherjee said the government and the Reserve Bank of India will announce measures on June 25 to halt a slide in the rupee, which sank to a record low on Friday.
Finance Minister Pranab Mukherjee said the government and the Reserve Bank of India will announce measures on June 25 to halt a slide in the rupee, which sank to a record low on Friday.
ROME — The leaders of the eurozone’s four biggest economies on Friday vowed measures to boost growth in the face of a relentless debt crisis, including an injection of up to 130 billion euros ($163 billion).
ATHENS, Greece - Greece’s new coalition government said Saturday it will seek to repeal some taxes, halt layoffs and extend by two years the deadlines for tough austerity measures imposed under its international bailout agreement.
India will unveil measures on Monday to arrest the slide of its currency, Finance Minister Pranab Mukherjee said on Saturday, a day after the rupee hit a new record low against the dollar.
Engine fires are forcing General Motors to recall the Chevy Cruze, a popular model that has helped GM win back small-car buyers.
US hotel group Starwood Capital is to sell four key French properties, including the famed Martinez in Cannes and the Concorde Lafayette in Paris, to a Qatari investor, a union official said on Friday.
FRANKFURT, Germany — European and Asian stocks fell Friday after economic reports suggested growth will weaken in the world’s major economies. Downbeat data on Germany, China and the US came on top of uncertainty over whether European leaders will make progress in tackling their debt crisis at key meetings.
Gold firmed in Europe on Friday, the day after posting its biggest one-day decline since February 29, as lower prices tempted some cautious buyers back to the market and as crude oil recovered from 18-month lows.
The European Union, struggling to hold together under financial and political pressures, may soon fracture a bit further over the issue of whether to tax financial transactions to make banks pay for their own bailouts.
Japanese game maker Nintendo Co. has upgraded its 3DS handheld to sport a screen nearly twice as big as the previous model amid hot competition against smartphones and tablets that are wooing people away from dedicated gaming machines.