MANUFACTURING

Tourists flocking to New York City

New York City attracted almost 49-million tourists last year, an all-time record, despite the ongoing effects of the recession, according to the city’s mayor Michael Bloomberg.

US futures trim losses after ADP report

Traders work on the floor of the New York Stock Exchange in New York
Futures on major U.S. indices pared earlier losses on Wednesday after ADP reported that private-sector employment recorded the largest monthly gain in December.
Traders work on the floor of the New York Stock Exchange

US futures down, ADP report eyed

Futures on major U.S. indices point to a lower opening on Wednesday as investors eye on economic data including ADP national employment report and ISM non-manufacturing index.
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US futures point to higher opening

Futures on major U.S. stock indices point to a higher opening on Tuesday with futures on the S&P 500 up 0.26 percent, futures on the Dow Jones Industrial Average up 0.33 percent and Nasdaq100 futures up 0.16 percent.
Traders work on the floor of the New York Stock Exchange

US stocks rally in early trade

US stocks advanced in early trade on Monday, the first trading day of 2011, on speculation that the economic recovery will continue after stocks ended with double digit gains in the previous year.
Singapore

Singapore economy set record growth in 2010

The economy of Singapore surged by an astounding 14.7 percent in 2010, primarily driven by a surge in manufacturing activity, versus a 1.3 decline in the prior year, making it Asia’s fastest-growing economy.
U.S. President Barack Obama speaks during his news conference in the Eisenhower Executive Office Building at the White House in Washington December 22, 2010.

US economic outlook 2011

Many economists believe that US economy will continue to grow around 3.5 percent in 2011, led by pickup in consumer and business spending. The extension of Bush-era rate cuts will add moderately to GDP growth, while at the same time as increasing the budget deficit.
 Hyundai Motor to recall 190,000 cars in US

Hyundai Motors to set up 4 bln rupee plant in Gujarat

India's second largest carmaker Hyundai Motor today said it will invest 4 bln rupees ($100 mln)over the next three years to set up a diesel engine manufacturing plant in Gujarat with an installed capacity of 150,000 units per annum.
United States Secretary of Energy Steven Chu.

Lithium battery stores solar power

The U.S. Department of Energy is investing in a power storage system that brings together several emerging industries in the alternative energy field -- solar and wind power, and the lithium-ion battery.
Titan Industries design new gold Nano.

Titan Industries design new gold Nano

To celebrate the 5000th anniversary of Indian jewelry, Tata Group along with Titan is set to produce a gold finish Tata Nano, the world's cheapest car.

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