The U.S. conglomerate plans to spend $3.4 billion on restructuring measures this year, double the $1.7 billion it targeted just last month, Chief Financial Officer Jeff Bornst ..
Iran is set to re-engage with the banking world within weeks as international lenders link up with their Iranian counterparts using global transaction network SWIFT, Iran' ..
General Electric topped Wall Street expectations for the fourth quarter and reaffirmed its target for 2016, but its shares slipped in afternoon trading as the company's i ..
U.S. home resales rebounded strongly in December from a 19-month low and prices surged, indicating the housing market recovery remained intact despite signs of a sharp deceler ..
Analysts on average are expecting Schlumberger to post a profit of 55 cents in the first quarter ending March, according to Thomson Reuters I/B/E/S. Demand for services provid ..
Starbucks has been investing heavily in the world's most populous country despite signs of cooling economic growth, and Chief Executive Howard Schultz said on Thursday th ..
The first federal trial over General Motors Co's massive ignition switch recall came to an early end on Friday as the parties said the case had been dismissed, in the wak ..
DAVOS/GENEVA (Reuters) - A rare note of optimism at Davos this year comes from the trade ministers, who will gather on Saturday for the first time since the World Trade Organi ..
Volatility in financial markets since the Federal Reserve last month announced its first interest-rate increase in nearly a decade is having the same effect as four additional ..
Some of Apple Inc's main Asian suppliers expect revenues and orders to drop this quarter, indicating iPhone sales are almost certain to post their first annual decline si ..