World Business News

NEW DELHI: Lenders to National Aviation Co Ltd (Nacil), which operates under the Air India brand, are softening their stance on debt restructuring and have suggested that they could consider subscribing to the public sector company's non-convertible debentures (NCDs) that carry government guarantee.

Promising figures for manufacturing output in economies throughout the world have boosted global stock markets.

Shares of Netflix, the entertainment provider, have been the best performing stock of 2012 in the Standard & Poor's 500 index as of Tuesday's market close, a survey conducted by TheStreet.com determined.

Japanese automobile sales rocketed more than 40 percent in January after the government restored subsidies for eco-friendly vehicles.