Asian shares slipped and the dollar held steady against a basket of currencies in Asian trade on Wednesday, as concerns about a possible U.S. government shutdown and uncertain ..
A group of consumer advocates sued the U.S. Department of Transportation on Wednesday for repeatedly delaying a potentially life-saving rule requiring backup cameras in new ca ..
Fonterra , the world's largest dairy processor, is moving ahead with plans to launch its own branded milk formula in China, undeterred by a recent botulism scare and Beij ..
Volkswagen AG is expected to announce plans as early as Wednesday to significantly boost the capacity of a key plant in southern China as Europe's No.1 carmaker ramps up ..
China's BOC Aviation has ordered 25 A320 jets from Airbus , a source with knowledge of the deal told Reuters on Wednesday. Airbus and BOC could not be reached immediately ..
The U.S. Justice Department is expected to disclose criminal charges against former and current employees of ICAP Plc as soon as Wednesday for allegedly manipulating benchmark ..
Money lenders trust America so implicitly that they generally dismiss the risk it won't pay its debts. But in the U.S. capital, fears are growing that political dysfuncti ..
Bank of America Corp's Countrywide unit placed profits over quality in a "massive fraud" selling shoddy mortgages to Fannie Mae and Freddie Mac, a U.S. governme ..
South Korea's decision to reopen bidding for a fighter-jet contract rather than accept Boeing Co's F-15 Silent Eagle signals a wider problem for the aerospace giant: ..
JPMorgan Chase & Co, facing several investigations into its mortgage practices, is seeking a global settlement with U.S. government authorities in multiple jurisdictions. ..