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 ..
The chairman of a congressional committee on Thursday subpoenaed Federal Reserve documents and communications related to a 2012 leak of monetary policy information, ramping up ..
Charter had bid about $132.50 per share, or $37.3 billion, for Time Warner Cable last year before being beaten by Comcast Corp (CMCSA.O), whose all-stock deal was initially wo ..
Hewlett-Packard Co (HPQ.N) will sell a controlling 51 percent stake in its China-based data-networking business to China's Tsinghua Unigroup for at least $2.3 billion, fo ..