Seth Masters, Chief Investment Officer at Bernstein Global Wealth Management, explains why he sees the Dow hitting 20,000 by 2018. While some are predicting a market correctio ..
U.S. activist shareholder Sandell Asset Management went public on Wednesday with a demand for British transport operator FirstGroup (FGP.L) to split off its U.S. business to i ..
China is seeing a resurgence of "hot money" seeking to cash in on the rallying yuan and record-high interest rates, contributing to distortions in its trade data as ..
Airbus parent EADS was poised on Wednesday to set out a two-tier strategy stressing growth in civil jetliners coupled with a forecast of flat defense and space activities thro ..
The 11 European Union countries that have pledged to tax financial transactions will consider excluding several key markets from the levy's scope, an EU document showed. ..
Financial markets gave a cautious thumbs-up on Wednesday to a provisional budget deal that could prevent the U.S. government from shutting down in the coming months. News that ..
(Reuters) - An Indian court ruling expected on Thursday could determine whether Nokia will be free to transfer a phone-making factory to Microsoft Corp or pay as much as $3.4 ..
Global mining company Rio Tinto told investors on Wednesday that it had already last month exceeded its 2013 target of cutting $2 billion of operating costs. Rio has slashed s ..
Alibaba Group Holding Ltd said on Wednesday it is seeking to extend the draw-down period of an $8 billion loan from January next year, a move people familiar with the e-commer ..
(Reuters) - Royal Bank of Scotland (RBS.L) said its Finance Director Nathan Bostock will leave to rejoin Spanish bank Santander (SAN.MC) after just 10 weeks in the job, dealin ..