There are potentially very large resources in the Arctic, so the current oil price is somewhat irrelevant, Shell Oil President Marvin Odum said. ..
Banks want assurances from U.S. regulators that they will not be barred from certain businesses before agreeing to plead guilty to criminal charges over the manipulation of fo ..
Avon said it had not received any such offer. The purported acquirer, which identified itself as PTG Capital Partners, said in a U.S. Securities and Exchange Commission filing ..
Brazilian investigators believe 6.19 billion reais ($2.1 billion) in bribes were moved in a corruption scheme involving state-run oil firm Petroleo Brasileiro SA (PETR4.SA), p ..
The firm said it would liquidate two Pimco equity strategies: Emerging Markets, which Maisonneuve oversaw, and Pathfinder, which is managed by Anne Gudefin and involves purcha ..
What bond worries? Wall Street posted big gains as technology shares rallied. The broad S&P 500 logged a new record closing high. ..
Chris Whalen, Kroll Bond Rating Agency, warns of a looming liquidity crisis. ..
The S&P 500 (.SPX) gained 22.62 points, or 1.08 percent, to end at 2,121.1, exceeding its previous all-time high close of 2,117.69 on April 24. The Nasdaq Composite had it ..
"Most of us know it's happening but we're not reallocating resources or efforts nearly enough given the scale," says Richard Dobbs, a director at the McKin ..
A three-judge panel of the 6th U.S. Circuit Court of Appeals in Cincinnati said GM assumed the obligation for the payment two years prior to its 2009 bankruptcy but that a sub ..