SEATTLE (Reuters) - Microsoft Corp said on Monday fiscal second-quarter profit fell, as sluggish personal computer sales dampened demand for Windows software and the company had a one-time tax expense relating to an audit in the United States.
WASHINGTON (Reuters) - The U.S. budget deficit will decline slightly to $468 billion this fiscal year, the lowest level since President Barack Obama took office, congressional forecasters said on Monday in a report heralding the end of a brief period of dramatically shrinking red ink.
PARIS/STOCKHOLM (Reuters) - Europe's telecoms equipment makers look set for an unpredictable year because of consolidation among their operator customers and a slowdown of buildouts of faster mobile networks, known as 4G, in the United States and China.
NEW YORK (Reuters) - Oil fell in see-saw trade on Monday, with U.S. crude ending at its lowest in nearly six years, as traders discounted comments from OPEC's top official about the market finally finding a bottom.
NEW DELHI (Reuters) - U.S. President Barack Obama on Monday announced $4 billion in government-backed investments and lending to India, as he sought to scale up a trade relationship he said was "defined by so much untapped potential".