Russian President Vladimir Putin says that Western sanctions have been an important factor in the current economic crisis, but not the only one. Putin said Thursday the influe ..
The ruble weakened against the dollar and euro on Thursday with traders saying President Vladimir Putin had so far offered no concrete measures to pull Russia out of a crisis ..
World stock markets powered higher Thursday, sweeping aside worries about a flagging global economy after the U.S. Federal Reserve said it would remain "patient" in ..
The Swiss franc tumbled on Thursday as its central bank slapped a charge on deposits, wary of a flood of money exiting Russia and the likely pressure from the euro zone if the ..
Iconic Swedish furniture retailer IKEA built its biggest store in the world to serve South Korea's shrinking households, targeting millions of people living alone with Ko ..
There are zombies in the oil fields. After crude prices dropped 49 percent in six months, oil projects planned for next year are the undead -- still standing upright, but with ..
China's economy stabilized in the fourth quarter as the services sector strengthened and manufacturing sector picked up steam, according to the China Beige Book released ..
Air bag maker Takata Corp has sufficient funds to deal with a global recall that has climbed to about 21 million vehicles after five deaths linked to its products, the company ..
WASHINGTON (AP) — After a half-century of Cold War acrimony, the United States and Cuba moved on Wednesday to restore diplomatic relations — a historic shift that could revita ..
Pimco posted a record total outflow of $5.8 billion from its emerging market funds in the first 11 months of 2014, according to Morningstar data released on Wednesday. Pimco ..