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Infosys braces for lower growth till mid-2010

Published July 10, 2009, 6:52 am, Calcutta News

India's IT bellwether Infosys Technology is bracing for a flat to lower revenue growth till recovery takes place by mid-2010, a top company official said Friday.

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Data, Chevron News Weigh on Stocks

Published July 10, 2009, 6:51 am, BusinessWeek

U.S. stock index futures were lower in premarket trading Friday, pointing to a lower open for Wall Street. Traders weighed a mixed combination of data showing a narrowed U.S. trade gap and a surge in import prices.

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(AFX UK Focus) 2009-07-10 14:21 Angola central bank says to contain FX reserve drop

Published July 10, 2009, 6:50 am, Interactive Investor

By Henrique Almeida

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(AFX UK Focus) 2009-07-10 14:39 TOPWRAP 5-Europe, Asia show flickers of recovery; Japan wilts

Published July 10, 2009, 6:49 am, Interactive Investor

By Louise Ireland

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Canwest loss grows on charge, sales drop

Published July 10, 2009, 6:39 am, The Globe and Mail

OTTAWA (Reuters) - Canwest Global Communications reported a bigger quarterly loss on Friday as the Canadian media company, struggling to stave off bankruptcy, was hit by a big writedown and declining revenue.

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G8:Russia President: Not Clear That Econ Crisis Has Bottomed Out

Published July 10, 2009, 6:33 am, The Forex Market

L'AQUILA, Italy -(Dow Jones)- Russian President Dmitry Medvedev Friday said the global economy may not yet have passed the lowest point of its downturn.

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China speaks with authority at Italy summit

Published July 10, 2009, 6:10 am, Reuters via Yahoo! UK & Ireland News

Six years ago, China attended its first Group of Eight summit as a quiet observer on the sidelines.

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Barney Frank Not Eyeing Financial Firm Size Limits

Published July 10, 2009, 6:06 am, BankTech

U.S. Rep. Barney Frank said Thursday he does not intend to seek limits on the size of financial firms as he drafts regulatory reform legislation and that restructuring mortgage finance sources Fannie Mae and Freddie Mac was not on his agenda for this year.

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(AFX UK Focus) 2009-07-10 14:00 TOPWRAP 4-Europe, Asia show flickers of recovery; Japan wilts

Published July 10, 2009, 6:04 am, Interactive Investor

By Louise Ireland

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Asian Markets End In Negative Territory Amid Global Concerns

Published July 10, 2009, 5:56 am, INO News

(RTTNews) - The Asian markets ended in negative territory amid concerns about global recovery as traders moved to the sidelines looking for direction.

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