NEW DELHI, November 30 – India’s economy grew by 7.9 per cent in the quarter through September from a year earlier, shattering forecasts as stimulus measures boosted demand and manufacturing activity surged.The annual growth for India’s fiscal secon
LONDON - Britain's recession-hit economy shrank by a better-than-expected 0.3 percent in the third quarter of 2009, compared with output in the previous three months, revised official data showed on Wednesday. The latest figure for the July-Septemb
TOKYO - Toyota said Thursday it returned to a profit in the latest quarter as government incenstives boosted sales, leading the world's largest automaker to trim its projected red ink for the year. Toyota Motor Corp. reported a 21.8 billion yen pro
ZURICH - Swiss banking giant UBS plunged into further losses of 564 million francs for the third quarter, but said it expected its situation to improve in coming months. Having stabilized the bank?s financial condition and resized the business, U
ZURICH - Swiss Re, one of the world's biggest reinsurers, on Tuesday returned to strong profit in the third quarter, turning its back on losses that had depressed the group's outlook for the year. Swiss Re posted 334 million Swiss francs net incom
STOCKHOLM - Nordea, the biggest Nordic bank, reported on Wednesday much better-than-expected quarterly results as bad loan provisions stabilised, and it said 2009 earnings should be higher than last year. Nordea said that net profit in the three mo
Climate change is already threatening more than a quarter of Switzerland's farmland with frequent and lengthy water shortages, according to official research published Tuesday. The Swiss federal agricultural research station Agroscope said about 10
The UK economy shrank by 0.4 per cent in the third quarter, in a sign that the deepest recession in a generation is not yet over.From a peak in the first quarter of 2008 the economy has now contracted by 6 per cent, the Office for National Statistic
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