Apple, supplier Foxconn to jointly improve factories

Apple Inc and its key supplier Foxconn Technology Group will share the initial costs of improving labour conditions at the Chinese factories that assemble iPhones and iPads, Foxconn's top executive said on Thursday.

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ArcelorMittal sees higher profits in Q2 after strong start

ArcelorMittal, the world's largest steelmaker, forecast higher profit in the second quarter after surprisingly strong earnings in the first three months of the year. The Luxembourg-based company said demand grew in North America in the automotive, construction and diggers and white goods sectors.

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April car sales in India rise 3.4% year-on-year

Car sales in India rose an annual 3.4% in April, according to data from an industry body, a sixth consecutive monthly increase but lower than in recent months after the country hiked excise duty on the vehicles.

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Air India-Indian Airlines merger was a mistake: Ajit Singh

Civil Aviation Minister Ajit Singh has expressed regret over the Air India-Indian Airlines merger, saying the division was a mistake. Speaking to CNN-IBN, Ajit Singh said that in retrospect that decision did cause problems.

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Watch VIDEO: Jessica Sanchez gets standing ovation for Top 4 performance

Jessica Sanchez unleashed her soulful, bluesy vamp in her first song choice, Etta James’ “Steal Away” complete with a full jazz band. For her second song, Sanchez chose the power ballad “And I Am Telling You I’m Not Going” from the hit broadway show Dreamgirls. This performance earned her, her fourth standing ovation in the competition.

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