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US multinationals to face more pain from strong dollar

The surging value of the US dollar may be posing the biggest threat to US corporate earnings since the 2008 financial crisis, hurting results at most US-based multinationals.  Some on Wall......

Indian banks seek refuge in home loans, crowd onto HDFC's mortgage turf

Indian mortgage lender Housing Development Finance Corp Ltd (HDFC), loved by global investors for its steady profit growth, faces an intensifying battle for business and market share as banks......

Facebook revenue up 53%; users, mobile ads climb

Facebook Inc delivered strong evidence it can thrive on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second quarter......

US equities resume rise amid surging $, crashing commodities

A resurgent US dollar is the key feature of the current scenario and its value continues to drive other markets, from euro, yen to the INR.  Most currencies continue to seek lower valuations......

Apple has 25% chance of missing outlook

Apple Inc has a 25 percent chance of missing its quarterly revenue forecast as iPhone sales slow and Samsung launches its highly anticipated Galaxy S4 smartphone, Jefferies analyst Peter Misek......

007 gets American touch, again

James Bond, Agent 007, the suave star of dozens of novels, short stories and films, is perhaps the most famous fictional detective of all-time. The quintessentially British spy was first brought to......

Sports Shorts: NBA suspends Hornets' Taylor for domestic violence

Jeffery Taylor of the Charlotte Bobcats reacts. Photograph: Streeter Lecka/Getty Images Charlotte Hornets forward Jeffery Taylor was suspended 24 games without pay by the NBA on Wednesday after......

Manchester United to list on NY stock exchange

Manchester United has picked the New York Stock Exchange to make its stock market debut, ending months of speculation over where the world's best-supported soccer club would list. After first......
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McDonald's CEO turnaround plan's missing link - customers

(Reuters) - McDonald's new chief executive's turnaround plan for the fast-food chain included specific financial fixes, but left investors and... ...

http://in.reuters.com/article/2015/05/04/mcdonalds-restructuring-customers-idINKBN0NP20H20150504
Cognizant shines bright amid Indian IT gloom

The company's net profit rose to $382.9 million, or 62 cents per share from a year earlier. Photo: Mint Bengaluru: Cognizant Technology Solutions... ...

http://www.livemint.com/Companies/JBBPCNhTRWpyzt73yOhidP/Cognizant-Q1-revenue-rises-20to-291-billion.html
BUZZ-India's Maruti Suzuki, Mahindra gain on strong car sales

** Maruti Suzuki India gains 2 pct while Mahindra and Mahindra rises 3.2 pct ** Top four players in passenger car segment registered... ...

http://in.reuters.com/article/2015/05/04/idINL4N0XV0WA20150504?type=marketsNews
PRECIOUS-Gold near 6-week low on stronger dollar, US rate hike fears

SINGAPORE, May 4 (Reuters) - Gold languished near a six-week low on Monday, unable to recover from a three-day losing streak, as the dollar gained... ...

http://in.reuters.com/article/2015/05/04/markets-precious-idINL4N0XV04420150504
Lloyds upbeat on UK growth as profits lifted by drop in bad debts

LONDON (Reuters) - Lloyds Banking Group is confident next week's British national election will not derail healthy UK economic growth, it said on... ...

http://in.reuters.com/article/2015/05/01/lloyds-results-idINKBN0NM3B920150501

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