Swedish truckmaker Volvo (VOLVb.ST) named Martin Lundstedt, the head of rival Volkswagen-owned (VOWG_p.DE) Scania as its chief executive on Wednesday, replacing embattled Olof ..
Tesco, Britain's biggest retailer, posted a record full-year loss of 5.7 billion pounds ($8.5 billion) Wednesday as deteriorating market conditions forced it to write dow ..
Britain's markets regulator has fined Bank of America Merrill Lynch a record 13.2 million pounds ($20 million) for failing to report transactions properly over seven year ..
The European Central Bank will continue to fund Greek banks as long as they stay solvent and have enough collateral, Executive Board Member Benoit Coeure told a newspaper on W ..
When South Korean president Park Geun-hye stopped off in Peru this week, her diplomatic tasks included drumming up interest in her country's home-grown light fighter jets ..
Japan's stock benchmark closed above the 20,000-level for the first time in 15 years Wednesday, encouraged by the country's first monthly trade surplus since 2012. E ..
European stocks fell on Wednesday, failing to extend an overnight rally in Asia as investors looked to Greece's debt crisis and lurch towards possible default as an excus ..
Greece will not present a list of economic reforms to euro zone finance ministers on Friday, a senior EU official said, adding the country should be able to stay solvent until ..
Charlie Chan, a former Credit Suisse Group AG proprietary trader who now runs his own hedge fund, reduced bets the dollar will strengthen and added trades that would profit fr ..
A perception in financial markets that Greece exiting the euro zone would have limited knock-on effects is misguided, some analysts say. ..