A key German business confidence index dropped sharply again in July, more evidence that high oil prices and a strong euro were contributing to a slowdown of Europe's biggest economy.

The odds the country will fall into its first recession since 2001 are rising sharply. Thirty percent of economists now believe the economy will shrink in the first half of this year, up from 10 percent who thought this in January, according to a survey b

Despite grim economic headlines, there are companies that are winning business and posting positive financial earnings. This is according to Dan McDade, president of the prospect development company, PointClear, LLC, which has worked with companies for mo

H S Rao London, Sept 21 Maritime business in India is booming along with the fast developing economy, maritime administration of the Union of Comoros has said.

Moog Inc.'s third-quarter profits jumped by 22 percent, topping analyst expectations, as the Elma motion-control equipment maker's industrial products and components businesses generated strong earnings despite a slowing economy.