Bhaskar Prasad

Supported by the latest supply and demand report from the United States Department for Agriculture the prices of corn and soybean are expected to fall by 15 to25 percent by the end of the year according to the forecast by Capital Economics.

AOL is set to make an announcement of firing 40 employees, which will include the team working on the AOL Instant Messenger Service, according to a report in Bloomberg.

Swiss voters have rejected a proposal to increase the mandatory paid vacation to six weeks from four per year in a sign of support for the austerity measures that European countries need to follow.

China lowering its growth target will have no direct impact on policy and also will not necessarily mean that it is less supportive to growth in the rest of the world, according to a report by Capital Economics.

Iran and India have plans to increase the annual bilateral trade to $25 billion by 2015, according to the statement by Arvind Mehta, joint secretary in the Indian Commerce Ministry.

China had a trade deficit of $31.48 billion in February, according to data revealed by the General Administration of Customs Saturday. This is another indication that global economic condition is continuing to affect the country's exports.

India’s Finance Minister Pranab Mukherjee will present the budget to parliament on Friday March 16 in which there is a high possibility that it will be longer on promises than on specific measures according to Capital Economics.

General Electric Co. chairman and CEO Jeffrey Immelt received a total compensation of $21.58 million for 2011. This includes salary, bonus, deferred stock and pension value increase.

After the devastating 3/11 earthquake, tsunami, and nuclear catastrophe, the reconstruction efforts to get under way in earnest this year will boost Japan’s gross domestic product, but this does not mean the country will be any better off, according to a report by research consultancy Capital Economics.

The copper price will fall to $5,000 per tonne over the next two years, well below current levels of around $8,400 and less than half the highs seen in early 2011 according to a report by Capital Economics.

The Reserve Bank of India (RBI) made the decision on Friday to cut its cash reserve ratio (CRR) by 75 basis points in a response to continued shortage of liquidity in the banking sector.

Deutsche Bank has taken 5-10 billion euros ($6.6-$13.3 billion), of the European Central Bank's (ECB) long-term refinancing operation (LTRO), which offers three-year loans to banks at a rate of 1 percent according to a report.

Fender Musical Instruments, the iconic company known for making guitars, has announced its plan for an initial public offering.

The U.S. Labor Department has reported that the unemployment claims increased modestly by 8,000 for the week ending March 3, with a seasonally adjusted initial claims figure of 362,000, indicating that the job market condition is improving.

Greece has announced that it has received sufficient support for its bond swap with 85.8 percent of debt holders subject to Greek law agreeing to the deal.

Larsen and Toubro Friday appointed Krishnamurthi Venkataramanan as its CEO and managing director.

A lack of policy direction in North Africa is jeopardizing the already-sluggish economic recovery according to a report by Capital Economics.

Citigroup Inc. Chief Executive Vikram Pandit received a total compensation of $14.9 million for 2011, which includes salary, cash bonus and deferred stock.

The U.S. Federal Aviation Administration has made the projection that airline passenger travel will nearly double over the next two decades according to the annual forecast it has released.

PC shipments will continue grow at a moderate rate particularly boosted by a new Microsoft operating system and new ultrabook models according to industry analyst firm Gartner.

The inflation rate of China reduced sharply to 3.2 percent for February, which is a 20 month low, according to data released on Friday, showing signs that the price pressure is gradually diminishing.

The compensations earned by CEOs have once again come to forefront with the recent announcement that Ford CEO Alan Mulally received $34.5 million worth of shares, as disclosed by the company in a regulatory filing Tuesday.

The U.S. Justice Department is threatening to sue Apple and five major U.S. publishers for allegedly fixing the price of e-books, according to a report in The Wall Street Journal.

Chrysler Group LLC chief executive Sergio Marchionne received no salary or stock awards from Chrysler in 2011, according to the annual report filed by the company.

The Internal Revenue Service Wednesday announced that it will offer relief to taxpayers struggling to pay their taxes.

The U.S. Treasury is seeking to raise $6 billion by selling shares of American International Group Inc. (AIG), the insurer that was rescued in 2008.

Facebook Inc. has named 25 underwriters and received multi-billion dollar package of financing, according to an amendment to its S-1 filing with the U.S. Securities and Exchange Commission.

Prosecutors in Tokyo said that they have charged Olympus and three of its former executives over loss cover-up involving $1.7 billion.

Ford CEO Alan Mulally, has received $34.5 million worth of shares, as disclosed by the company Tuesday in a regulatory filing.