UK economic growth boosted by business investment

UK economic growth in the first quarter was helped by the fastest expansion in business investment in two years, official figures have shown.

Housebuilders boost UK construction sector output by 2%

Booming housebuilders pushed output across the construction sector up 2% in December last year, according to revised official figures, as rising house prices and cheap loan rates encouraged builders to expand the number of house starts.

India disappoints with 5.5 percent growth

NEW DELHI (AP) — India's economy grew a disappointing 5.5 percent in the last quarter ending June, marking a sharp slowdown from the 8 percent growth in the same period a year ago.