The drastic fall in oil prices is widely thought to have hit the Gulf's main producers, but this CEO says the opposite is true. ..
Twenty of the world's biggest banks have paid more than $235 billion (150 billion pounds) in fines and compensation in the last seven years for a litany of misdeeds that ..
Random checks of pilots' psychological fitness could help reduce risks in the aviation sector, Lufthansa (LHAG.DE) Chief Executive Carsten Spohr said in his first newspap ..
China is likely to hold a 25-30 percent stake in the new Asian Infrastructure Investment Bank (AIIB) while India will be the second-biggest shareholder, delegates said on Frid ..
German Chancellor Angela Merkel on Friday added urgency to the talks between Athens and its international creditors, saying after a meeting with Greek counterpart Alexis Tsipr ..
Global stocks rose and bond yields fell on Friday, as investors shrugged off slowing global growth and focused instead on the continued stimulus provided by the world's m ..
European Central Bank chief Mario Draghi said the economic outlook for the euro zone looks "brighter today than it has done for seven long years." ..
Banca Monte dei Paschi di Siena (BMPS.MI) said on Friday it had signed an underwriting agreement with a pool of banks to subscribe to the lender's planned 3-billion-euro ..
As the United States raced over the past five years toward becoming a global petroleum powerhouse, the world's biggest oil exporter Saudi Arabia quietly seized a market m ..
The move to buy more goods directly from factories comes as Wal-Mart, hampered by sluggish sales and profits, looks to squeeze costs out of its supply chain. "We have mad ..