8211; In forcing automaker Maruti Suzuki India Ltd to backtrack on a controversial production deal with its Japanese parent, a group of Indian fund managers scored a rare win that heralds…
8211; The dollar’s share of central bank reserves may fall by as much as 10-15 percentage points incoming years without threatening its role as the world’s main reserve currency, a senior…
Russia’s Lukoil began commercial production from one of the world’s largest untapped oilfields in Iraq on Saturday, as the country raises output to record levels.
U.S lawmakers overwhelmingly approved aid to Ukraine and sanctions on Russia, but the measure will not become law until at least next week, congressional aides said.
8211; West African leaders failed to agree to open their economies to free trade with the European Union at a summit on Saturday after regional heavyweight Nigeria voiced concerns, endangering a…
Taiwan tech giant Hon Hai Precision, the world’s largest contract manufacturer for electronics, saw its net profit rise 12.7 percent on-year in 2013, bolstered by demand for Apple’s new products.
China Southern Airlines, the country’s biggest airline by fleet size, said net profit for 2013 fell more than 20 percent, the latest Chinese carrier to be hit by a weak economy and stiff competition.
Investors are pumping millions of dollars into encryption as unease about data security drives a rising need for ways to keep unwanted eyes away from personal and corporate information.
General Motors recalled nearly 1.5 million vehicles on Friday including for possible problems with ignitions blamed for 12 deaths.
US pending home sales continued to sag in February, declining for the eighth straight month amid higher prices and higher mortgage rates, the National Association of Realtors said Thursday.
Sales of traditional computers will lose more ground in 2014 to tablets and other mobile devices, a market tracker said Thursday.
Europe’s main stock markets pulled back on Thursday as the US increased the pressure on Russia over Ukraine and traders took profits following a recent rally.
German Economy Minister Sigmar Gabriel has warned the EU Commission in Brussels that Berlin may withhold its approval of landmark EU-US trade talks over a contentious arbitration mechanism.
Australian shares are set to open lower on Thursday, following losses on Wall Street as investors fretted about tougher sanctions being implemented on Russia, while a dip in copper and gold prices may hurt resource stocks.
8211; Kenneth Lewis, who turned Bank of America Corp into the nation’s largest bank but also saddled it with enormous losses tied to mortgages, has settled a lawsuit accusing him…
8211; Bank of America agreed to pay $9.3 billion to settle claims that it sold Fannie Mae and Freddie Mac faulty mortgage bonds, helping the bank to end one of the…
Europe’s main stock markets rebounded on Tuesday as investors reacted to company updates and regional economic data, a day after indices had slid on China slowdown concerns and Ukraine tensions.
Global oil prices climbed on Tuesday after data showed key crude consumer China imported more record amounts last month, dealers said.
Britain revealed plans on Tuesday to sell an extra 7.5-percent stake in Lloyds Banking Group, in the latest move to steer the bailed-out lender back to the private sector.
Stocks on Wall Street rose in volatile trade on Tuesday following robust U.S
A second straight sell-off of popular technology shares dragged US stocks lower Monday, as tensions with Russia over Ukraine kept investors on edge.
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The one-time star electric carmaker Fisker Automotive said Monday it sold “substantially all” of its assets to the Chinese auto parts group Wanxiang for $150 million.
The Group of Seven top economic powers said Monday they are ready to step up sanctions against Russia if Moscow fails to de-escalate the crisis in Ukraine that has shaken relations.
Sumitomo Mitsui Trust Bank Ltd and Japan Bank for International Cooperation (JBIC) will team up with British private equity group CVC Capital Partners Ltd to set up an Asian investment fund totaling more than 300 billion yen ($2.
Some Chinese rubber importers have defaulted on shipments as tyre grade prices sank recently to multi.
Central and eastern European countries are turning up the pressure on banks to clean up their balance sheets, creating new opportunities for bad loan investors that are seeing returns dwindle in recovering euro zone economies.