Switzerland's foreign exchange reserves hit a record high in January, data showed, suggesting its central bank is still actively curbing the franc with interventions one ..
German luxury carmaker Mercedes-Benz said on Friday sales jumped 14 percent in January to a record 125,865 models, powered by double-digit gains in Europe, China and the Unite ..
China's top graft-busting body said on Friday two big state-owned energy conglomerates have committed serious violations of regulations and accused unnamed officials in them o ..
Global stock markets were muted Friday as investors awaited monthly U.S. employment figures and the risk of a Greek default increased. The price of oil extended gains above $5 ..
German industrial group Siemens (SIEGn.DE) plans to cut 7,800 jobs worldwide, or about 2 percent of its workforce, to complete a wide-ranging restructuring of the company, it ..
Economists polled by Reuters expected U.S. employers to have taken on 234,000 workers in January, below December's increase of 252,000, but more than enough to keep the t ..
U.S. business lobbies called on the White House this week for help to overturn new Chinese cybersecurity regulations they say would hurt market opportunities abroad and jobs i ..
Staggered by the collapse in oil and plunge in the ruble, Russia is now confronting a potential banking crisis. Russian authorities are already helping lenders with accounting ..
South Korean carmaker Hyundai Motor Co said on Friday it bought back 460 billion won worth of its own shares as part of its efforts to enhance shareholder value. Hyundai said ..
Japanese automakers are being forced to ship some car parts to U.S. plants by expensive air cargo and tweak production processes as a protracted labor dispute at U.S. West Coa ..