MUMBAI (Reuters) - Ratings agency Standard & Poor's affirmed India's sovereign rating at "BBB-minus" with a "negative" outlook, reiterating there was a one-in-three chances of a ratings downgrade over the next 12 mon... [Full Article]
LONDON (Reuters) - The Bank of England bucked the trend of its recent forecasts on Wednesday by modestly upgrading its growth outlook and pencilling in a faster fall in inflation. In its quarterly economic update, the central bank gave no sign that i... [Full Article]
By Manash Goswami SINGAPORE (Reuters) - Brent futures held steady above $102 a barrel on Wednesday as the U.S. dollar eased, but gains were capped by forecasts of rising supplies from the United States amid a bleak outlook for global demand growth. O... [Full Article]
By Deepa Seetharaman DETROIT (Reuters) - Tesla Motors Inc reported its first-ever quarterly profit on Wednesday, trouncing Wall Street estimates, as the 10-year-old automaker delivered nearly 5,000 Model S electric cars during the first three months ... [Full Article]
By Deepa Seetharaman DETROIT (Reuters) - Tesla Motors Inc reported its first-ever profit that trounced Wall Street estimates on Wednesday and forecast global demand for its Model S electric car could surpass 30,000 vehicles a year. Tesla reported adj... [Full Article]
(Reuters) - Chrysler Group LLC may get an upgrade in its credit rating in the next 12 months, said Standard and Poor's on Tuesday, which raised Chrysler's outlook to "positive" from "stable." S&P changed its outlook ... [Full Article]
Pfizer Inc.'s first-quarter net income rose 53 percent despite falling sales, mainly because the world's second-largest drugmaker took big charges a year ago. Pfizer's results fell short of Wall Street's expectations, and the comp... [Full Article]
Pfizer Inc.'s first-quarter net income rose 53 percent despite falling sales, mainly because the world's second-largest drugmaker took big charges a year ago. Pfizer's results fell short of Wall Street's expectations, and the comp... [Full Article]
By Martinne Geller (Reuters) - Starbucks Corp reported higher quarterly profit on Thursday that matched Wall Street estimates and it raised its full-year earnings forecast. The world's biggest coffee chain cited increased sales in the United Sta... [Full Article]
LONDON (Reuters) - British American Tobacco said it was confident it would grow earnings this year after it reported a 1 percent rise in volumes of its premium brands like Kent and Lucky Strike in the first three months of 2013. The world's seco... [Full Article]