Profits have soared since the global financial crisis at the five biggest U.S. banks with market-making dealing operations, New York Federal Reserve economists said in an arti ..
Ratings agency Moody's Investors Service upheld the United States' triple-A credit rating and stable outlook on Wednesday, but it noted potential longer-term threats ..
Saudi billionaire Prince Alwaleed bin Talal and his investment company have doubled their ownership of Twitter's publicly traded shares in the past six weeks. A joint sta ..
U.S. stock index futures pointed to a stronger open on Wednesday, tracking shares in Europe and Asia higher. ..
KUALA LUMPUR/SINGAPORE (Reuters) - AirAsia founder Tony Fernandes may find it tough to take the budget airline private due to large funding needs as potential partners worry a ..
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Volkswagen (VOWG_p.DE) Chief Executive Matthias Mueller said in an interview with a German newspaper that the company would launch a recall for cars affected by its diesel emi ..
The number of vehicles sold in Australia fitted with devices designed to mask the level of emissions has risen to more than 90,000 from 77,000, to include the Audi brand, wide ..
JPMorgan Chase & Co, looking to stem falling revenue in its mortgage business as fewer Americans refinance, is increasingly buying loans from smaller lenders, a practice t ..
Airbus is on track to meet its delivery targets this year despite delays at cabin suppliers, Fabrice Bregier, head of the European planemaker, told reporters on Wednesday. The ..