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Canadian Finance Minister Jim Flaherty said Wednesday he's worried there's too much capital "sloshing" around the global economy because that might fuel asset bubbles like witnessed in the U.S....
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Electric car maker Tesla Motors said late Wednesday it has paid off the entire loan awarded to the company by the U.S. Department of Energy in 2010.
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Delta Air Lines Inc wants the U.S. Export-Import Bank to stop helping state-owned foreign airlines buy wide-body jets from Boeing Co , and would be willing to forgo such support for its own...
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General Electric Co. (GE) on Wednesday unveiled new targets for pruning GE Capital that could see the big finance arm reduced by the end of 2014 to less than half its size in the run-up to the...
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General Electric Co. (GE) on Wednesday unveiled new targets for pruning GE Capital that could see the big finance arm reduced by the end of 2014 to less than half its size in the run-up to the...
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While there was no consensus among Federal Reserve officials on when the central bank could begin to slow down asset purchases, a "number" of central bank officials were willing to taper as soon...
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The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires.
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U.K. stocks extended gains to close at a 13-year high on Wednesday, finding support in comments from the International Monetary Fund calling for more growth in the country.
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A Southwestern Law professor says America's boards of directors are transfixed on a myth: They think they are paying their chief executives for performance. They're not.
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French bank Societe Generale SA (GLE.FR) said Wednesday that it has initiated the dismissal process of Vladimir Golubkov, chief executive officer of its Russian unit Rosbank, a week after he...
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Popular Inc. (BPOP) Chairman and Chief Executive Richard Carrion wants to make his pastime a full-time job, declaring on Wednesday his candidacy to become president of the International Olympic...
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Federal Reserve Chairman Ben Bernanke warned Wednesday that ending its easy policy stance now would not return the economy to sustainable growth.
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Among the companies with shares expected to actively trade in Wednesday's session are Saks Inc. (SKS), Zale Corp. (ZLC) and Multiband Corp. (MBND).
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Larsen & Toubro Ltd. (500510.BY), India's biggest engineering and construction company by sales, Wednesday posted a 7% fall in its January-March net profit as a slowdown in the economy...
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"WBMS: Global Aluminum Market In 359,700-ton Surplus Jan-March," at 1111 GMT, misstated the size of the market surplus in the headline.
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The trust bank plans to increase its wealth-management sales force by 50%, or up to 100 new positions, under a two-year recruiting campaign.
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Robinsons Retail Group, operator of retail chains including Toys "R" Us and Topshop in the Philippines, has appointed banks to manage an up to $800 million initial public offering that is poised...
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Japanese stocks extended gains early Wednesday, with exporters spurred after two Federal Reserve members suggested the central bank wasn't close to slowing monetary stimulus in the U.S. The Nikkei...
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Gap Inc's chairman and CEO said on Tuesday the U.S. retailer was ready to sign a global accord designed to prevent another deadly disaster in Bangladesh's garment industry, provided there were...
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TOP STORIES: Brazil's Safras Trims 2012-2013 Soy Estimate to 82.3M Tons SAO PAULO--Brazilian farmers produced 82.3 million metric tons of soy beans in the 2012-2013 growing season, according to...
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There is no case for slowing down the pace of the Federal Reserve's bond-buying program given the low level of inflation, said St. Louis Fed President James Bullard, on Tuesday.
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Philip Morris International Inc. (PM) has agreed to buy Grupo Carso SAB's (GPOVY, GCARSO.MX) 20% stake in its Mexico tobacco business for about $700 million, giving the tobacco company complete...
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New York Fed President William Dudley said Tuesday that he is not sure which way the central bank will adjust the size of its bond purchase program given the uncertain economic outlook.
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The following table lists planned and unplanned production outages at U.S. refineries as reported by Dow Jones Newswires.
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Glencore Xstrata's head of aluminum, Gary Fegel, is set to leave the company, three sources said, the first high-profile departure since commodity trading giant Glencore closed its purchase of...
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The Federal Reserve should continue with its present bond-buying program and adjust the rate of purchases in view of incoming data on growth and inflation, said St. Louis Fed President James...
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Russian gas firm OAO Gazprom (GAZP.RS) has cut its forecast for gas output at its giant Bovanenkovo field by almost one-third because of lower demand, the head of Gazprom's production department...
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St. Louis Fed President James Bullard will discuss monetary policy in a low-rate environment at a conference in Frankfurt at 11:30 a.m.
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Two executives at auto parts maker Denso Corp have agreed to plead guilty to conspiring to fix prices and have agreed to cooperate with an ongoing criminal investigation, the U.S. Justice...
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Former Goldman Sachs Group Inc. (GS) director Rajat Gupta, in a bid to stay out of prison, is expected to ask a federal appeals court Tuesday to set aside his insider-trading conviction because he...
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Philip Morris International Inc. (PM) has agreed to buy Grupo Carso SAB's (GPOVY, GCARSO.MX) 20% stake in its Mexico tobacco business for about $700 million, giving the tobacco company complete...
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Denmark's privately-held holding company Novo A/S said Tuesday it has acquired Xellia Pharmaceuticals for $700 million from 3i Group PLC (III.LN) and other shareholders.
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U.K.'s benchmark stock index flirted with a more than 12-year high on Tuesday, with mining firms recouping parts of the prior day's losses and Capita PLC rallying after contract news.
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U.K.'s benchmark stock index flirted with a more than 12-year high on Tuesday, with mining firms recouping parts of the prior day's losses and Capita PLC rallying after contract news.
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Australian stocks declined, and Hong Kong equities snapped a three-day winning run on Tuesday, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary policy.
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Security company G4S PLC said Tuesday Chief Executive Nick Buckles, who was heavily criticized over the company's handling of the London Olympic Games last year, will resign at the end of the...
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Service companies that rode the wave of investment in Australian resources are facing harder times, reporting a slew of earnings downgrades and preparing to move their focus overseas as a...
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"Osram Expects to Break Even in Fiscal 2013" published at 1008 GMT on Friday, is erroneous in the headline and first paragraph.
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New York Fed President William Dudley will discuss monetary policy at the zero lower bound in Japan and the U.S. in a speech to the Japan Society in New York at 1 p.m. Eastern.
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Australian stocks declined, and Hong Kong equities pulled back from a three-day winning run on Tuesday, weighed by overnight losses on Wall Street and uncertainty over U.S. monetary policy.
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Stocks in Australia fell Tuesday in early trade, as losses in banking issues put the equity benchmark under pressure.
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Japanese stocks retreated early Tuesday as a strengthened yen and caution over U.S. monetary-policy stance led investors to take profits after a sturdy recent rally.
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Specialty chemicals producer Rockwood Holdings Inc's pigments businesses have attracted offers from buyout firms including Blackstone Group LP and Advent International Corp, several people...
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President Barack Obama will meet with Chinese President Xi Jinping in California in early June, the White House announced Monday.
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U.S. stocks finished lower on Monday after comments from Chicago Federal Reserve President Charles Evans knocked them from new all-time highs set earlier in the day.
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Aware that it needs China's sweet tooth, Hershey Co. (HSY) is rolling out a Chinese brand designed for the world's fastest-growing candy market.
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Stock indexes rallying to new highs have put investors on alert for a correction.
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Caterpillar Inc said on Monday that retail demand for its construction and mining equipment continued to be sluggish in April, though the sales picture appeared to be improving in almost every...
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