British oil and gas company BP announced plans on Tuesday to slash 5 percent of its global workforce in the face of a continued slump in oil prices. It said it aims to reduce ..
An elite group of hedge fund managers must have awakened on Jan. 1 with an unusual type of hangover: their first annual loss. Large funds managed by King Street Capital Manage ..
LONDON (AP) — Oil company BP is cutting some 4,000 jobs in exploration and production over the next two years amid sharp drops in the price of crude. ..
Health insurer Anthem Inc, which is buying rival Cigna Corp, said it expected its adjusted net income to rise to over $10.80 per share in 2016 from $10.16 estimated for 2015. ..
The Organization of the Petroleum Exporting Countries has no plan to hold an emergency meeting to discuss the drop in oil prices before its next scheduled gathering in June, t ..
BEIJING (AP) — China's auto sales rose 18.3 percent in December over a year earlier on explosive demand for SUVs, pushing the year's total sales to 21.1 million, an industry g ..
China is expected to post its weakest economic growth since the global financial crisis in the fourth quarter, adding pressure on policymakers to take more steps to ward off a ..
Chinese conglomerate Dalian Wanda Group has bought U.S. film studio Legendary Entertainment for about $3.5 billion, turning its chairman into a Hollywood movie mogul as China& ..
Three Italian consumer organizations have urged EU antitrust regulators to investigate McDonald's (MCD.N) franchise system in Europe, a month after the opening of an EU i ..
BEIJING (AP) — Wanda Group said Tuesday it is buying Hollywood's Legendary Entertainment, the maker of films such as "Batman," for $3.5 billion in the first Chi ..