Credit Suisse's (CSGN.VX) new boss Tidjane Thiam could cut almost 3,000 jobs from its investment bank, or 15 percent of staff, as part of a shift of capital away from tra ..
European Central Bank head Mario Draghi says the economic recovery in the 19-country eurozone is gaining momentum and that recent stimulus measures will succeed in preventing ..
Russian crude oil exports are expected to rise this year and beyond as volumes are diverted away from domestic refineries which are cutting capacity as part of a modernisation ..
NEW YORK/TORONTO (Reuters) - UBS AG has poached a U.S. team of some 15 oil and gas investment bankers from Bank of Montreal (BMO), significantly weakening the energy dealmakin ..
Before last Friday, many investors opined that the U.S. Federal Reserve would probably raise interest rates only once this year. Friday saw short-dated bond yields see their b ..
Industrial output, investment and retail sales growth missed analysts’ estimates in January and February, suggesting more stimulus is needed to boost the world’s second-larges ..
Google Inc (GOOGL.O) is in early talks to buy Bangalore-based start-up InMobi, in a move that would strengthen its offering in the increasingly competitive mobile advertising ..
Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increas ..
The group estimates that about 134.8 million passengers will travel on U.S. airlines during March and April, up almost two percent compared to the same time last year. Airline ..
DETROIT/SEOUL (Reuters) - Hyundai Motor Co plans to expand its U.S. factory, three people familiar with the matter said, hoping to ramp up production of sport utility vehicles ..
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