Portuguese authorities are providing 4.9 billion euros ($6.6 billion) in emergency funds to prevent the collapse of Banco Espirito Santo, one of the eurozone country's ol ..
"We still think it's a pretty strong report," PayNet founder Bill Phelan said. Meanwhile, small business loan delinquencies rose to their highest in more than a year, a separa ..
Banking group HSBC says first-half profit fell 5.4 percent to $9.46 billion amid continuing concerns about economic growth around the world and rising geopolitical tensions. C ..
Microsoft Corp (MSFT.O) should not obstruct an anti-trust investigation by Chinese regulators, the State Administration for Industry and Commerce (SAIC) said on Monday, the la ..
HONG KONG/SHANGHAI (Reuters) - McDonald's Corp (MCD.N), which has over 2,000 restaurants in China, will restore its full menu in some Chinese cities this week, a fortnigh ..
In the biggest advance in European integration since the launch of the euro in 1999, the European Central Bank will take charge of supervising banks from Helsinki to Lisbon in ..
A shaky week in the markets has investors worrying about risk. According to one noted strategist, there are three big ones out there right now. ..
French telecoms firm Iliad will be hard-pressed to meet its goal of generating $2 billion in additional annual operating profit at T-Mobile US Inc by cutting costs and slashin ..
In the final days of the month, its China business was hit with a food-safety scare involving a key supplier; "They're under siege on three continents," said Ho ..
Wall Street firms led by Goldman Sachs Group Inc are close to buying a stake in chat and instant messaging startup Perzo Inc in pursuit of an alternative to a similar applicat ..