Chinese tourists spent a record amount on luxury goods last month, helped by shopping sprees in Europe as the weak euro made items cheaper than at home, VAT refund company Glo ..
The U.S. Supreme Court on Monday left intact the 2012 insider trading conviction of former Goldman Sachs Group Inc(GS.N) director Rajat Gupta. Gupta is the highest-ranking cor ..
Exclusive: In the latest move in the battle of which firm will control your mobile payments, Google began providing FDIC insurance to its Wallet product, while eBay units PayP ..
The deal is expected to be funded through a combination of Nomad's cash on hand, equity, and the proceeds from a private placement to raise about $750 million, Nomad Hold ..
Former Federal Reserve Chairman Paul Volcker is calling for a reshaping of the U.S. financial oversight regime, which he says is splintered and ineffective. ..
Wal-Mart (WMT.N) announced last week that it was closing five stores in Texas, Oklahoma, Florida and California temporarily to fix plumbing issues. The United Food and Commerc ..
BP (BP.L) has been lifting more crude oil cargoes in the past couple of months as payment for its work in southern Iraq, and is comfortable with that level of shipments, a sen ..
Economic performance will determine when the Federal Reserve finally raises U.S. interest rates from near zero, an influential Fed official said on Monday, adding he hopes to ..
Japan and the United States continued the second of two days of tough trade talks on Monday that could pave the way for a broader trans-Pacific agreement, although Tokyo shrug ..
Were Greece to leave the euro, it would not have the same impact on the euro zone as it would have had two years ago, an ECB policymaker said on Monday, urging the Greek gover ..