Rome: Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would...
Rome: Italians are watching their flag carrier Alitalia go into yet another financial tailspin, and a growing number of them believe it would...
Beijing: Genworth Financial Inc. is seeking more time to convince regulators they should approve the company’s plan to sell itself to China Oceanwide...
Zurich: Credit Suisse Group AG’s proposed bonuses for top executives may initially have been “insufficiently sensitive,” Chairman Urs Rohner said in prepared remarks...
New York : The dollar was on track for its third straight weekly decline, its longest losing streak since early February, as the...
London/Hong Kong: After a rally in the first half of April, oil is set to end the month back below $50 a barrel....
Millions of Brazilians were stranded without public transport and faced shuttered banks and schools on Friday as labor unions staged a nationwide strike...
New York: Qualcomm Inc. said Apple Inc. is cutting off licensing payments related to the iPhone until their legal dispute is settled, forcing...
Frankfurt: Inflation in the eurozone will pick up in future but remain driven by volatile food and energy prices, a quarterly survey of...
Washington: The US economy grew at its weakest pace in three years in the first quarter as consumer spending barely increased and businesses...
London: Gold firmed yesterday as forecast-beating eurozone inflation boosted the euro against the dollar, while global stock markets retreated from Wednesday’s record highs...
Tokyo: Nintendo said Thursday it expects to sell 10 million units of the new Switch game console over the next year, as it...
Seoul: South Korean tech giant Samsung posted Wednesday its biggest quarterly net profit for more than three years on strong demand for its...
Zurich: Credit Suisse Group AG Chief Executive Officer Tidjane Thiam bowed to investor pressure by abandoning the sale of the bank’s biggest profit...
BERLIN: German Economy Minister Brigitte Zypries had a “very constructive” phone discussion with her U.S. counterpart, Wilbur Ross, about steel and tariffs, a...
VIENNA: Vienna prosecutors are investigating Airbus Chief Executive Thomas Enders for suspected fraud in connection with a $2 billion Eurofighter jet order by...
Tokyo: McDonald's has decided not to sell its stake in a Japanese unit hit by a series of food contamination scandals and slumping...
Vienna: The price of OPEC's basket of thirteen crudes stood at US$49.21 a barrel on Tuesday, compared with $49.64 the previous day, according...