A provision in Obama's proposed budget would allow the long-term unemployed to withdraw up to $50,000 from their retirement plans penalty free. ..
Bank lending in the euro zone fell slightly in January but at a slower pace than a month earlier, suggesting the economy may be turning a corner as consumer morale picks up in ..
Sears Holdings Corp, owner of Sears department stores and the Kmart discount chain, reported its 11th straight quarterly loss as sales continued to tumble. The net loss attrib ..
Samsung Electronics will freeze wages in 2015 for employees in South Korea for the first time in six years, after the world's biggest smartphone maker saw profits fall in ..
Weekly jobless claims and other data on Thursday will put the U.S. economy firmly at the center of investor focus. ..
A world leader in wind turbines, Iberdrola joins other European companies seeking to grow via acquisitions outside sluggish domestic markets. Last year, German engineer Siemen ..
Geely-owned carmaker Volvo Car Group said on Thursday its 2014 operating profit rose 17.5 percent in its best year of sales to date as rapid expansion in China and recovery in ..
In a bid to rival Singapore, Hong Kong is introducing sweeping tax measures aimed at making it a more attractive centre in Asia for global corporations to trade foreign exchan ..
General Motors (GM.N) is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and ..
Bourses across Asia wobbled on Thursday as traders kept an eye on crude oil prices, and a round of corporate news. ..