General Electric Co. is nearing an agreement to sell its industrial-solutions business to ABB Ltd. in a deal valued at $2.5 billion to...
General Electric Co. is nearing an agreement to sell its industrial-solutions business to ABB Ltd. in a deal valued at $2.5 billion to...
Brussels: Business activity across the eurozone picked up in September, a key survey showed yesterday, growing by the fastest monthly rate since since...
North American trading partners are downplaying expectations for major progress from talks to update the free-trade agreement that resume in Ottawa on Saturday,...
FRANKFURT: Bitcoin is not a currency but a mere instrument of speculation, the vice president of the European Central Bank said on Friday,...
Beijing: China’s attempts to reduce risks from its rapid build up in debt are not working as quickly as expected and credit growth...
Berlin: Germany’s economy weakened at the start of the third quarter (Q3) after a strong performance in H1 of the year, but indicators...
BEIJING/HONG KONG: China’s central bank has told banks to strictly implement United Nations sanctions against North Korea, four sources told Reuters, amid U.S. ...
Liliane Bettencourt, heiress to the L’Oreal cosmetics empire and the world’s wealthiest woman, has died. She was 94. Her death was announced in...
As attention focuses on the UN General Assembly in New York, it’s important to remember that in a global economy, America’s relationship with...
Toys ‘R’ Us Inc has been making $400m in interest payments on its debt every year, largely due to its $6.6bn leveraged buyout...
Tianjin: Airbus inaugurated its first completion centre for large aircraft in China, a new asset for the European manufacturer in heated competition with...
Australia's Reserve Bank Assistant Governor of Business Services Lindsay Boulton uses an ultraviolet light to display security features of the new A$10 bank...
London: British retail sales unexpectedly surged in August, boosting chances the Bank of England will raise interest rates for the first time in...
The Bank of England will raise interest rates for the first time in a decade at its next meeting, a Reuters poll of...
NEW YORK: Uncertainty about how the United States will cope with growing tumult in the world has not dampened Warren Buffett’s optimism for...
Paris: The rebound in global growth is not yet secure, the OECD warned, with weak investment by businesses and slow growth in trade...
Frankfurt am Main: German energy giant EON said it was in “advanced negotiations” to sell its remaining stake in fossil-fuels spinoff Uniper to...
New York: British billionaire Richard Branson said he is in talks to set up a fund to help Caribbean nations recently ravaged by...
