Banks will return 11.401 billion euros ($15.78 billion) in crisis loans to the European Central Bank next week, more than six times than the amount that was expected, accelera ..
China's Baidu Inc, the country's biggest search engine, has formed a partnership to apply for a private banking license, Robin Li, Baidu's chief executive, said ..
World stock markets were muted Friday as investors turned cautious ahead of the release of a key U.S. employment report and Chinese economic indicators. Japan's Nikkei 225 sto ..
Gross told Reuters that he had "evidence" that El-Erian "wrote" a February 24 article in the Journal, which described the worsening relationship between th ..
Proponents and critics of Keystone XL are unleashing a final flurry of pleas to persuade the government on the pipeline, which has become a flash point in a debate over energy ..
In less than a decade, Marco Dunand and Daniel Jaeggi have turned a 10-person company supplying oil to a pair of Polish refineries into the world's fourth-largest commodi ..
Safeway has agreed to be acquired by an investment group led by Cerberus Capital Management, the owner several supermarket chains. The acquisition is worth about $7.64 billion ..
Less than a month after writing that he did not want to "cook the books anymore," but facing a deadline to show lenders that Dewey & LeBoeuf had enough cash, the ..
(Reuters) - Safeway Inc , the second-largest U.S. mainstream grocery store operator, said private equity firm Cerberus Capital Management would acquire the company in a deal v ..
U.S. stocks mostly rose on Thursday, with the S&P 500 closing at yet another record on better-than-expected jobless claims data and the European Central Bank's move t ..