Philips (PHG.AS) said on Monday the sale of its $3.3-billion Lumileds business to Go Scale Capital was uncertain, due to U.S. government concerns. Philips had announced in Mar ..
BEIJING/SHANGHAI (Reuters) - China's ruling Communist Party opened a key meeting on Monday that will focus on financial reforms and how to maintain growth of around seven ..
The sight of Wal-Mart Stores Inc. -- often cited as a proxy for everyday Americans -- falling earlier this month by the most since 1988 sent shock waves through stock markets. ..
The U.S. Justice Department and New York State's Department of Financial Services (DFS) are increasing the scope of their investigation into the bank because a few transa ..
Standard Chartered said on Monday it plans to exit from its equity derivatives and convertible bonds businesses, following a step earlier this year to close the bulk of its gl ..
Despite Friday's rate cut, fiscal policy is expected to emerge from China's Plenum as the key tool for steering the economy through its slowdown. ..
As Valeant Pharmaceuticals prepares to defend its drug sales practices to Wall Street on Monday, new details are emerging about the tangled relationships - and litigation - am ..
Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) second-quarter revenue growth is likely to have slumped to half the year-earlier rate, undermining hopes con ..
SHANGHAI/HONG KONG (Reuters) - The Di Mei shopping center in downtown Shanghai is a surprisingly depressing place to shop. The underground mall is located in one of the most s ..
Bank of Piraeus (BOPr.AT) chairman Michalis Sallas said on Sunday he was optimistic the bank could rely on private investors to meet any capital shortfall found in baseline sc ..