German carmaker Volkswagen (VOWG_p.DE) will next week announce an investment worth around $1 billion in Mexico to expand its Puebla plant, a person familiar with the matter sa ..
WASHINGTON/NEW YORK (Reuters) - All 31 U.S. banks passed a test of how they would do in a next economic crisis, the Federal Reserve said on Thursday, but those with large trad ..
New York (AFP) - US stocks Thursday snapped a two-day losing streak, finishing higher on news of European monetary stimulus and a $21 billion pharmaceutical merger. ..
All 31 U.S. banks managed to keep a closely watched capital level above 5% under a hypothetical economic storm in the Federal Reserve's annual stress test. ..
In a report this week, the GSMA, the association of mobile phone companies, said mobile money "has been growing at a dizzying rate." The Boston Consulting Group said ..
Commerzbank AG (CBKG.DE) is nearing an agreement to pay U.S. authorities more than $1.4 billion to settle allegations it violated U.S. sanctions and a separate investigation t ..
The deal -- the latest example of a big drugmaker swooping on a biotech firm to refill its medicine pipeline -- confounds expectations that Pharmacyclics would sell out to Joh ..
It is not good for U.S. exports, and especially not good for people whose jobs depend on them. The greenback is at is strongest level since September 2003. ..
Employers are hiring, but new jobs pay less than ones that have disappeared and many workers remain vulnerable. ..
A New York state appeals court on Thursday approved Bank of America Corp's $8.5 billion settlement with mortgage securities investors in its entirety. Bank of America had ..