European shares edged lower on Thursday, weighed down by companies reporting earnings that were knocked by currency effects and weak demand from China, confirming a poor start to the earnings season in Europe.
Iran’s crude oil exports fell for the first time in five months in March, and are slated to drop further in April, moving closer to the levels stipulated by November’s temporary nuclear deal that eased some sanctions on Tehran.
Demand for cars in Europe moved up another gear in March and struggling French group Peugeot Citroen did well, trade data showed on Thursday, but the market is still suffering badly from a recent slump.
TOKYO, (Reuters) – Japanese Prime Minister Shinzo Abe criticised Beijing for trying to “change the status quo” with force in maritime disputes but said China was a vital economic partner, as a series of visits…
Japan’s government slightly cut its overall view on the economy, its first downgrade in a year and a half, but officials shrugged off the need for more stimulus to support the economy.
LONDON, (Reuters) – Britain’s Co-operative Group made a loss of 2.5 billion pounds ($4.2 billion) in 2013, capping the worst 12 months in the mutual’s 150-year history and ramming home the need for radical reform…
A strike at Scotland’s only oil refinery contributed to a sharp slowdown in economic growth at the end of 2013 at a time when the rest of the British economy was booming, data showed on Wednesday.
Bank of America reported Wednesday a quarterly loss of $276 million due to $6 billion in legal expenses that included a huge settlement with the US on mortgage.
France’s new Prime Minister Manuel Valls on Wednesday announced a freeze in state pensions and other benefits as part of a plan to cut government spending by 50 billion euros ($70 billion).
Unprecedented talks across the European Union on Tuesday showed it scrambling for solutions on the ground to break its dependence on Russian gas and help supply Ukraine.
Tesco boss Philip Clarke vowed to win back shoppers with millions of pounds of price cuts after a second year of falling profits cast doubt on his efforts to turn around the fortunes of Britain’s biggest retailer.
SHANGHAI, (Reuters) – BTC China, one of the country’s leading digital currency exchanges, has installed China’s first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting…
The Nifty fell for a second consecutive session on Tuesday, provisionally marking its biggest fall since March 3, as interest.
8211; Fitch Ratings has affirmed the Long-Term Foreign Currency Issuer Default Ratings (IDR) and National Ratings of four foreign-owned banks in Indonesia – PT Bank CIMB Niaga Tbk (CIMB Niaga), PT…
Western sanctions over Russia’s actions in Ukraine have not impacted BP’s business in Russia, chief executive Bob Dudley said on Tuesday in Moscow, reiterating that the oil major stands by its Russian investments.
Russia’s No.2 oil producer Lukoil has agreed to sell its entire 50 percent share in a company that owns oil and gas projects in Kazakhstan to China’s Sinopec for around $1.2 billion, it said on Tuesday
HONG KONG: The Hong Kong Monetary Authority (HKMA) said on Tuesday that mainland-related lending in the city’s banking sector is supported by genuine economic activities, countering fears about exposure to rising levels of bad debt in China.
Barcode printer maker Zebra Technologies Corp said it would buy Motorola Solutions Inc’s enterprise business for $3.45 billion in cash.
Suzhou, an ancient city in Jiangsu province 100 km (60 miles) west of Shanghai, lives in legend as one of China’s most beautiful, famous for its elegant gardens and charming canals.
Credit Suisse AG has hired Jim Spencer from Lazard Ltd as head of financial institutions investment banking for the Americas, according to an internal memo seen by Reuters on Monday.
Top Asian airlines are hedging a substantial portion of their jet fuel usage this year, a Reuters survey showed, signaling they expect prices of the fuel to be firm and indicating sustained pressure on their profit margins.
Spanish telecoms provider Telefonica SA is offering to lease some spectrum to a German competitor in a bid to secure EU antitrust approval for its proposed takeover of KPN’s E.
Banca Monte dei Paschi di Siena may need to raise up to 5 billion euros ($6.9 billion) through an upcoming capital hike, rather than the 3 billion euros originally planned, Italian news agency ANSA reported on Monday.
Mark Mobius’ Templeton Asian Growth Fund, Asia’s biggest equity mutual fund, suffered record outflows in the March quarter in a sign investors are losing faith with the emerging markets guru.
A senior Chinese official hit back on Saturday at International Monetary Fund warnings that China’s economy faced the danger of a hard landing due to poor asset quality, saying the government was taking action to deal with financial risk.
Sharp Corp, Japan’s largest display maker, is considering another issue of new shares that could raise around 200 billion yen ($1.97 billion) to replenish its depleted capital base, the Asahi newspaper reported on Sunday.
Reforms to the International Monetary Fund have hit a deadlock despite a declaration from global financial chiefs that they would move forward without the United States if it fails to ratify the changes by year.
Call it the Great Stretch. Two years ago, Greece’s debt crisis almost brought the euro zone crashing down.
Europe’s largest banks cut their staff by another 3.5 percent last year and the prospect of a return to pre.
The Kuwait National Petroleum Company on Sunday signed contracts worth $12 billion (nine billion euros) with three international consortia to upgrade two refineries and invited bids to build a new multi.