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The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said Sunday. "We are seeing a recovery.
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Australian stocks rose Monday, a stronger start for the benchmark index as banking and mining issues posted gains.
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Japanese stocks jumped early Monday on an improved profit outlook, with another record finish for key U.S. benchmarks on Friday aiding several exporters although the yen rebounded from lows...
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Leighton Holdings Ltd. (LEI.AU) said it expected to appoint up to five new directors to the board before the end of June following a string of resignations--including the sudden exit this year of...
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Hennes & Mauritz is looking to source clothes from Latin America and Africa as part of a rethink of its supply chain following the Bangladesh factory collapse last month, the Financial Times...
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Financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches...
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Japan risks missing, yet again, an opportunity to use foreign investment to help fuel sustained economic growth that has eluded it for the last two decades.
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ZHUHAI, China/HONG KONG (Reuters) - In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though...
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Yahoo Inc's board has approved a deal to buy blogging and social networking site Tumblr for $1.
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South Africa's National Union of Mineworkers said Sunday that it had submitted a demand for upcoming gold and coal-sector wage talks, kick-starting what is likely to be a fraught process.
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The chief executive of Goldman Sachs (GS), Lloyd Blankfein, is confident the euro will survive despite the debt crisis, he said in an interview with newspaper Welt am Sonntag.
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Britain's parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, an issue highlighted by corruption probes at emerging market miners which...
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Stock indexes rallying to new highs have put investors on alert for a correction.
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Hope is fading for a global deal to regulate the airline industry's greenhouse gas emissions ahead of a fall deadline, even though failure could push the industry back to the brink of a trade war...
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With the world's biggest central banks driving yields on safe assets to near zero, some investors are tossing caution to the wind and rushing to buy illiquid and previously overlooked bonds sold...
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German Economy Minister Philipp Roesler said the European Commission made a "grave mistake" by agreeing to impose punitive import duties on solar panels from China and urged the Commission to work...
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Investigators at France's markets regulator have found evidence that luxury-goods maker LVMH Moet Hennesy Louis Vuitton SA had planned for years to take a surprise stake in smaller rival Hermes...
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Greece's bank rescue fund will aim to sell Hellenic Postbank and Proton by mid-July with big banks continuing to absorb small lenders as part of plans to revive the battered sector, the country's...
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The clothing brand sold by Britain's biggest retailer Tesco said on Sunday it planned to open more than 50 new franchise stores worldwide over the next five years.
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Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain low.
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Many duped savers at Spanish lender Bankia are shunning a state-supervised compensation scheme in favor of expensive lawsuits, prolonging a mis-selling scandal and complicating efforts to restore...
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Six months after President Barack Obama visited Myanmar, that country's president, Thein Sein, will visit the White House.
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Royal Dutch Shell PLC (RDSA, RDSB, RDSA.LN, RDSB.LN) last year argued against proposed European rules designed to tighten scrutiny of commodity markets, according to documents obtained by the...
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South Africa's National Union of Mineworkers said on Sunday it would seek pay hikes of up to 60 percent from the country's gold and coal producers in upcoming wage talks which are expected to be...
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The U.K. economy is in recovery but policy makers need to do more to lift growth, Bank of England Gov. Mervyn King said Sunday. "We are seeing a recovery.
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The single biggest risk to Britain's nascent economic recovery is continued eurozone weakness, the Bank of England's outgoing governor Mervyn King said in a television interview on Sunday.
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More needs to be done to secure the U.K.'s economic recovery, Bank of England Gov. Mervyn King said Sunday. "We are seeing a recovery.
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An independent Scotland would have a vastly oversized financial sector that would leave it vulnerable to a Cyprus-style banking crisis, Britain's finance ministry says.
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State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.
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An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers...
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A US Airways flight made an emergency landing on its belly at Newark Liberty International Airport early on Saturday after the plane's landing gear failed to deploy, but no one was injured,...
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Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion...
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LATAM Airlines Group SA said on Saturday it will resume flights to, from and within Argentina by 1530 GMT after state company Intercargo unilaterally decided on Friday to stop providing services...
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Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included...
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Federal Reserve Chairman Ben Bernanke painted an upbeat picture on Saturday for the potential of innovation to lift living standards, delivering a sweeping look at the last 100 years that included...
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Alpine, the Austrian unit of Spanish construction group FCC , will hold talks with its owners on how to meet its financing needs and has many options open, Chief Executive Arnold Schiefer said.
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With the broad S&P 500 Index gliding once again into uncharted territory and posting four straight weeks of gains, the talk of Wall Street's rally inevitably hitting a ceiling is starting to get...
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China's housing inflation accelerated to its fastest pace in April in two years, driven by a jump in prices in Beijing and Shanghai, complicating the task of policymakers trying to cool the...
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Europe's top trade official for the first time late on Friday officially cited Chinese mobile telecommunications equipment makers Huawei and ZTE Corp for violating anti-dumping and anti-subsidy...
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Average new home prices in China's 70 major cities rose 4.
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Royal Dutch Shell PLC (RDSA, RDSA.LN) reported a power outage earlier this week at its Puget Sound refinery in Anacortes, Wash., and subsequent issues while restarting units, according to a filing...
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Yahoo Inc's board will meet on Sunday to vote on whether to offer $1.
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Target Corp said on Friday it opened a new San Francisco office to track down technology companies that can help the second-largest U.S. retailer grow its online commerce business.
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Chilean flagship carrier LAN Airlines (LFL, LAN.SN) said Friday that all of its Argentine flights have been cancelled because of a conflict with Argentina's state-run ground services company,...
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Apache Corp.'s (APA) board trimmed the targeted pay level of the company's chief executive on Friday, one day after shareholders failed to approve the company's executive-pay practices at an...
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A sharp drop that drove Anadarko Petroleum Corp.'s (APC) to a penny in the last second of trading Friday exposes a vulnerability in trading rules adopted last month to curb sharp stock swings.
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U.S. stocks on Friday advanced to a fourth weekly gain, with both the Dow industrials and the S&P 500 at all-time closes, after data cast a positive spin on the economy.
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The president Friday sought to turn the spotlight from controversies threatening to swamp his agenda back to his top priority: The economy.
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