Analysts have cut their price targets for Alibaba Group Holding Ltd shares after the stock fell to a post-flotation low on Wednesday on weak earnings and concerns over China&# ..
Baxalta (BXLT.N) wants Shire (SHP.L) to improve on its $30 billion bid significantly before it will engage in talks, while its Dublin-based rival could sweeten its offer if it ..
When it comes to political bragging rights about job creation, a CNBC analysis of state level jobs data shows a slight advantage for this party. ..
The U.S. Federal Reserve will probably raise interest rates twice this year, with the first increase in almost a decade coming as early as next month, according to a Reuters p ..
Americans bought more cars, restaurant meals and building supplies in July, as the spending points to steady economic growth anchored by the improving job market. The Commerce ..
BEIJING/SHANGHAI (Reuters) - China's central bank said on Thursday there was no reason for the yuan to fall further given the country's strong economic fundamentals, ..
The number of Americans filing new applications for unemployment benefits unexpectedly rose last week, but the trend continued to point to a strengthening labor market. Initia ..
European shares rallied on Thursday as calm returned to global markets after China's central bank said there was no basis for further depreciation of its yuan currency fo ..
Markets switch their focus to U.S. matters Thursday, with fresh reports on July retail sales, business inventories and weekly jobless claims. ..
The $60 billion of oil-industry spending cuts this year won’t be enough as crude languishes near a six-year low. The world’s biggest producers will need to trim investments by ..
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