Oil prices rebound on Ukraine tensions, US jobs data

Escalating Ukraine tensions and a strong US jobs report boosted oil prices today, traders said, pushing aside concerns about the mounting US crude stockpile.

Obama Visit: Less to give, more to take?

: As President Obama and accompanying American CEOs`` reached Mumbai Saturday, it is quite evident why he chose India``s financial capital as his first stop.

India visit aimed at creating jobs in America, says Obama

US President Barack Obama Thursday said that he is heading for India and three other Asian countries with the objective of opening up this huge market of the world for American companies and create more jobs here.

India created 60k US jobs in last 5 yrs: Study

India, often accused by US politicians of hijacking jobs from "Buffalo to Bangalore", has actually created about 60,000 jobs in the US in the last five years.

Haiti PM begs for quake aid as looting spreads

Haiti`s Premier begged foreign donors to back the reconstruction of his quake-hit country as fresh looting and chaotic food hand-outs underscored the grim conditions facing survivors.

New US jobless claims unexpectedly rise last week

The number of US workers filing new claims for jobless benefits unexpectedly rose last week, a government report showed on Thursday, as companies continued to cut payrolls amid uncertainty over the economic outlook.

Wall Street hits fresh 2009 highs on upbeat jobs data

US stocks surged to their best levels of the year after a much-awaited July jobs report was better than expected, signaling a likely turnaround in the long and painful recession.

US recession may be easing, but job market weak

The American economy may be heading out of the woods with new government numbers showing signs of easing recession laying the groundwork for growth in the months ahead.