U.S. regulators are poised to order airlines to avoid flying Boeing Co. 787 Dreamliners and 747-8 jumbo jets with General Electric Co. engines near thunderstorms after some of the planes experienced ice buildup.
Iran’s pledge to restrict nuclear work in return for loosened economic sanctions may have a limited effect on crude prices, said analysts who called today’s 2.7 percent slump in Brent a “knee-jerk” reaction.
India’s economic growth probably held below 5 percent for a fourth straight quarter, the longest stretch in data going back to 2005, as Prime Minister Manmohan Singh struggles to boost investment and tame elevated inflation.
Thai protesters broke into compounds housing two government ministries, escalating a month-long effort to oust Prime Minister Yingluck Shinawatra and dismantle the network of her brother, former premier Thaksin Shinawatra.
Brent crude led energy prices from gasoline to heating oil lower after Iran and world powers reached an interim accord on the country’s nuclear program that will ease economic sanctions while keeping a cap on oil sales.
Asian stocks rose, with the regional benchmark index rebounding from last week’s drop, as the yen weakened, Iran agreed to limit its nuclear program and investors bet improving U.S. economic data will boost earnings.
Billionaire Anil Agarwal’s Cairn India Ltd. will spend about $1 billion to buy back shares giving him greater control over the company as environment rules derail his mining business, two people familiar with the plan said.
After Lyn Lyn Rael’s three-room house was swept away by Super Typhoon Haiyan, leaving her husband and five children homeless, she borrowed 25,000 pesos ($570), the equivalent of two months’ wages, from her employer in Singapore to send to her family.