The European Central Bank has told Monte dei Paschi it needs to plug a capital shortfall of 8.8 billion euros ($9.2 billion), higher than a previous 5 billion euro gap estimat ..
China will meet its growth target of 6.5 percent to 7 percent growth this year, a reassuring sign for a "weak and vulnerable" global economy, state news agency Xinhu ..
European Central Bank policymaker Jens Weidmann said plans for a state bailout of Italian bank Monte dei Paschi di Siena (BMPS.MI) should be weighed carefully as many question ..
Russian state development bank VEB will post a loss of 130 billion roubles this year, its chairman Sergei Gorkov said on Monday, less than an expected loss of 200 billion roub ..
A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future au ..
The South Korean automaker has been hit by its exposure to weak emerging markets, and a product line-up that features more sedans than sport utility vehicles, just as SUVs hav ..
China needs to keep financial market liquidity stable and regulate its "money gates" to prevent asset bubbles, but it also needs to ensure a lack of liquidity doesn& ..
Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing (BA.N) airliners in an order that the American planemaker had said was worth ..
Messaging app Snapchat is buying Israeli augmented reality startup Cimagine Media for an estimated $30-$40 million, marking Snapchat's first acquisition in Israel, the Ca ..
Toyota Motor Corp said on Saturday that a new chief executive officer will lead its Brazil operations beginning Jan. 2. The Japanese carmaker said Rafael Chang would take ove ..