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Stock markets end lower as Nifty slips below 23,900

Indian stock markets ended lower in a volatile trading session on Tuesday, with the Nifty closing below the 23,900 mark. The benchmark indices erased their early gains and oscillated between positive and negative territory throughout the day.

Boeing starts issuing letters to layoff 17,000 workers

US aerospace giant Boeing has announced that it is issuing layoff notices, starting this week, to workers as part of the debt-ridden planemaker’s drastic plan to cut 17,000 jobs which works out to 10 per cent of its staff worldwide.