Ford has reported a jump in US sales of 43% last month, selling more cars than its great rival General Motors (GM).

GM posted a more modest rise of 11.5%, as it benefited from customers abandoning Toyota over the Japanese firm’s recall Continue reading this post…

German Chancellor Angela Merkel has pledged to “stand helpfully by Greece’s side” but her economy minister said Germany would not offer a cash bailout.

Mrs Merkel was speaking ahead of a meeting in Berlin with Greek Prime Minister George Papandreou. Continue reading this post…

The European Central Bank (ECB) has kept the eurozone interest rate at its record low of 1% for the 10th month in a row, as expected.

The ECB also signalled it would scale back the special lending measures introduced during the financial crisis. Continue reading this post…

Hong Kong’s richest businessman Li Ka-Shing plans to bid for the UK arm of French electricity giant EDF Group.

Mr Li’s bid would be a joint venture between holding company Cheung Kong Infrastructure (CKI) and Hongkong Electric, which is 40% owned Continue reading this post…

icici direct brokerage charges & plans
icici direct delivery brokerage charges – 0.50% minimum Rs25
Futures charges – 0.05% – 0.03%
options charges – Rs95 -Rs65 per trade Continue reading this post…

U.S. regulators are looking into how Wall Street firms like Goldman Sachs (GS.N) helped debt-stricken Greece arrange derivatives deals that critics say were used to disguise the size of its budget deficits.

Federal Reserve Chairman Ben Bernanke made the disclosure on Thursday and suggested securities regulators also wanted the Continue reading this post…

UAL Corp.’s (UAUA) United Airlines finalized its order to buy 25 of Boeing Co.’s (BA) 787 Dreamliners with an option to buy another 50.

United, the third-largest U.S. airline by traffic, hadn’t ordered new aircraft for 11 years. In December, United unveiled plans to order an equal number of planes from Boeing and rival Airbus, a subsidiary of European Aeronautic Defence & Space Co. Continue reading this post…

Indian mobile phone company Bharti Airtel has offered to buy Kuwaiti telecommunications firm Zain’s African assets for $10.7bn (£6.8bn).

In a statement, Bharti said the two companies would now enter into talks which would last until 25 March. Continue reading this post…

General Motors (GM) is to wind down operations of its Hummer vehicles – after failing to complete a planned takeover by a Chinese firm.

GM did not comment on why the sale to China-based Tengzhong had collapsed. Reports have said Beijing had refused to approve the purchase. Continue reading this post…

The number of immigrants entering the UK from Central and Eastern Europe has continued to fall, according to the latest figures.

Provisional numbers from the Office for National Statistics suggest the number of people from these countries fell by a third in the year to Continue reading this post…