McDonald's Corp (MCD.N) has agreed to sell the bulk of its China and Hong Kong business to state-backed conglomerate CITIC Ltd and Carlyle Group LP (CG.O) for up to $2.1 ..
The dollar edged up on Monday, boosted by robust U.S. wage growth data that strengthened the case for more U.S. interest rate rises, while Britain's pound fell on comment ..
Volkswagen (VOWG_p.DE) executive Oliver Schmidt will appear in Federal Court in Miami, Florida, on Monday, a spokeswoman for the United States Attorney's office in Detroi ..
The head of a major bitcoin exchange in China says few people there use the cryptocurrency to get around rules on how much money they can take out of the country, and despite ..
A British law firm has launched legal action against Volkswagen (VOWG_p.DE), seeking thousands of pounds of compensation each for UK drivers affected by the carmaker's em ..
AccorHotels (ACCP.PA), Europe's largest hotel group, is creating a new lifestyle division to pool its fast-growing "boutique" hotel brands, the company said on ..
Indonesia has barred U.S. bank JPMorgan Chase & Co (JPM.N) from submitting an underwriting proposal for its next issuance of dollar-denominated Islamic bonds, a finance mi ..
Morgan Stanley (MS.N) and UBS Group AG (UBSG.S) are set to raise their stakes in separate Chinese securities joint ventures to 49 percent, people with direct knowledge of the ..
Oliver Schmidt, who headed the company's regulatory compliance office in the U.S. from 2014 to March 2015, was arrested on Saturday by federal investigators in Florida, t ..
Britain's biggest carmaker Jaguar Land Rover (JLR) (TAMO.NS) sold a record 583,312 cars last year as the Indian-owned firm continues its rapid expansion with the aim of b ..