French oil company Total (TOTF.PA) has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow ..
Rival Dupont (DD.N) has said it plans to shave off $1 billion of annual costs by 2019. Dow, which said it had been cutting fixed costs annually by 3 percent since 2012, did no ..
We're back to relying on banks to verify borrowers' ability to repay loans as Fannie and Freddie lower guarantee limits. What could go wrong? ..
A top Toyota Motor Corp executive said on Wednesday the Japanese automaker has no plans to abandon Takata Corp (7312.T) despite the supplier's struggles with air bag infl ..
Investors in U.S.-based mutual funds pulled $5.8 billion out of stock funds in the week ended Oct. 15, marking their biggest outflows since the week ended July 2, data from th ..
Warren Buffett is happy to admit his mistakes when he makes them-just don't remind him how much money he lost in the process. ..
Over the past week, the market has gone from panic to a powerful rebound. It's an open question whether investors will continue to feel that calm as the Fed brings QE3 bo ..
Package delivery company FedEx Corp on Wednesday forecast a record holiday season this year, with 22.6 million shipments expected for its anticipated peak day on Dec. 15. With ..
Fixed income investment firm Pimco's global banking specialist, Philippe Bodereau, expects 18 banks will be seen to have failed the European Central Bank's stress te ..
BERLIN/FRANKFURT (Reuters) - German airline Lufthansa (LHAG.DE) is close to a deal to sell its IT infrastructure unit to IBM (IBM.N), including an outsourcing agreement for th ..