Heavy discounting took a toll on U.S. retail sales during the Thanksgiving weekend as shoppers spent almost 3 percent less than they did a year earlier, according to data rele ..
HONG KONG/MADRID (Reuters) - Esprit Holdings' chief is doubling down on a bet to fix the struggling clothing retailer he took charge of a year ago by revamping its existi ..
A rush of key economic releases this week and the European Central Bank's last meeting of the year may help set the tone for investors and traders looking ahead to 2014. ..
An American who won this year's Nobel Prize for economics believes sharp rises in equity and property prices could lead to a dangerous financial bubble and may end badly, ..
Troubled fashion retailer Esprit Holdings hopes to put an end to its losses as soon as next year, Chief Executive Jose Manuel Martinez told a German Sunday newspaper. "I ..
ArcelorMittal's (MT.AS) acquisition of a U.S. plant jointly with Nippon Steel & Sumitomo Metal Corp will not affect the world No. 1 steelmaker's debt targets, Ar ..
TIMIKA/JAKARTA (Reuters) - A worker was killed after an incident in an underground section of Freeport McMoRan Copper and Gold Inc's (FCX) giant Grasberg copper mine in Indone ..
The chief executive officer of El Al Israel Airlines (ELAL.TA), Elyezer Shkedy, tendered his resignation on Sunday and will step down after his successor is in place, the comp ..
SAN FRANCISCO/NEW YORK (Reuters) - Federal Reserve policymakers have cooled to the idea of explicitly raising the bar on future interest rate hikes, a sign the U.S. central ba ..
China's factory growth held at an 18-month high in November on firm domestic and foreign demand, defying expectations the economy faces a modest slowdown as 2013 draws to ..