Qantas reports record annual loss

Australia's national flag carrier Qantas has reported a net loss of 2.8bn Australian dollars ($2.6bn; £1.6bn) for the year to June - its biggest ever annual loss.

US clothing store Gap to set up in India

US clothing store Gap is bringing its brand to India with the aim of opening 40 outlets, and it will launch the first two stores early next year.

Asda reports increase in sales and market share

Asda said sales for the last 10 weeks increased and the supermarket also improved its market share.

US companies restocked at slower pace in December

WASHINGTON (AP) — U.S. companies restocked their store shelves and warehouses at a slower pace in December, a sign of caution as sales weakened.

Samsung posts $7.4 bn profit, handsets mask weak chips

SEOUL: South Korean technology powerhouse Samsung Electronics Co posted a fourth straight record quarterly profit - of $7.4 billion - with strong sales of its Galaxy range of phones masking sharply lower sales of memory chips.

ADP Says U.S. Companies Added 201,000 Workers in August

Companies added more workers than forecast in August, easing concern the U.S. job market may be stalling, a private report based on payrolls showed.

Investing in the Emerging-Market Consumer

With much of the eurozone mired in a recession and the recovery in the United States progressing at an almost glacial pace, it's not surprising that investors are increasingly turning to emerging markets to augment portfolio returns.

Spanish firms cut prices, halt dividends to face downturn

Telefonica suspends dividend payments, Mango cuts prices and Santander boosts its debt provisions: Spanish companies are stepping up measures against an economic crisis that has no end in sight.

US companies are adding more slowly to stockpiles

WASHINGTON (AP) — U.S. companies restocked more slowly in March, a trend that has helped slow economic growth this year.