Brent crude, the global benchmark, was down 57 cents at $52.48 a barrel at 1427 GMT, during a volatile session that saw the contract reach an intraday high of $54.05. There is ..
A U.S. interest rate hike is still probably coming in October or December despite some conflicting economic signals, a top Federal Reserve official said on Friday, reinforcing ..
U.S. wholesale inventories rose in August, boosted by larger stocks of computers and professional equipment used by businesses. The Commerce Department said on Friday that who ..
SINGAPORE/LONDON (Reuters) - Standard Chartered's (STAN.L) new Chief Executive Bill Winters plans to cut about 1,000 of the bank's most senior staff to reduce costs, ..
The level of announced mergers and acquisitions (M&A) for the year has reached an all-time high, helped by Anheuser-Busch InBev's (ABI.BR) record $100 billion offer f ..
Rep. Darrell Issa tells CNBC he's considering putting his name in the hat as a candidate for speaker of the House. ..
SABMiller met with investors Friday to underscore its strength as an independent company, as the world's second-biggest brewer seeks to head off a takeover by larger riva ..
Not everything is lining up in favor of continued immediate or impressive gains from here. It’s hard to start calling confidently for one of those scripted year-end chases to ..
Starbucks Corp (SBUX.O) coffee shops will begin accepting Apple Inc's (AAPL.O) mobile payment system in a pilot program starting this year, Apple Vice President Jennifer ..
In a new note, Bank of America's FX strategist Athanasios Vamvakidis contends that "excessive reliance on unconventional monetary policy" is not without side ef ..