MOSCOW, Russian manufacturing activity declined in June for the seventh straight month but at a slower pace than in May, the HSBC purchasing managers' index (PMI) showed on Wednesday, adding to signs the economy is yet to bottom out.
LONDON, July 1 Britain should build a new runway at London's Heathrow Airport, according to a recommendation by a government-appointed Commission into the country's airport capacity that could cause a political headache for Prime Minister David ...
... * Asia holds nerve as Greece misses IMF loan payment. * Euro losses minor as markets still assume deal will be done. * China surveys show pick in services sector, shares erratic.
SAO PAULO: Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up.
Nike chairman Phil Knight waves at the Jan. 12 NCAA football playoff title game. (Associated Press file). Nike Inc. chairman Phil Knight plans to step down and says he wants president and CEO Mark Parker to succeed him.