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Ryanair reported loss in the last quarter of 2013. India’s PMI marked stable growth. In January China’s service sector growth has dropped to its lowest point since September 2008. Google’s deal with Lenovo to be closely watch by regulators.
Toyota has notified its US dealers to stop sales of couple of its models available due to seat heater malfunction. Shell to face major restructuring of its assets. Mitsubishi Motors President to be replaced by current Managing Director. Google struggling to increase profits from mobile ads.
Google to sell troubled Motorola Mobility. Titan posted 18.8% decline in its net profits for the last quarter of 2013. US GDP for Q4 expected to increase by 3.2% annual rate.
Turkey’s central bank raised overnight interest rates. ICICI bank to post its quarterly results today. Fed to cut its bond stimulus. Bharti Airtel with 115% increase in profits.
Cupertino based Apple posted record high weekly sales last week. Maruti Suzuki to reveal financial data later today. Idea Cellular is expected to perform well on stock market. Honda has shipped more vehicles out of the US than it has imported.
AT&T rejected rumours for buying Vodafone. Japan with record export deficit. Lion Air to order five 737s. Google has acquired UK start-up DeepMind.