American International Group is selling a stake in PICC Property and Casualty Co Ltd worth up to $1 billion to institutional investors through a block deal, cutting its shareh ..
Capital outflows from China that have bedeviled global financial markets likely reached a record in November, according to an economist. ..
Low oil prices and tight budgets in the Gulf are making it harder to raise money for a fund tackling poverty in the Muslim world, but a growing culture of philanthropy may dra ..
Famed Massachusetts mill owner Aaron Feuerstein has this message for his friend and embattled media executive Sumner Redstone: hang in there. "As long as he is succeeding ..
It used to be said of OPEC that it was like a teabag – it only worked in hot water. In a move sources say was masterminded by Saudi Arabia, ministers finally agreed for the fi ..
Volkswagen has denied a report saying its chief executive and chairman were urged on Sunday by its third-largest shareholder to reduce the influence of VW's powerful unio ..
BEIJING/SINGAPORE (Reuters) - Xia Lili, marketing chief at a privately-owned Shanghai software firm switched to flying with Spring Airlines after China's first low-cost c ..
A Chinese biotech seed firm is aiming to launch the country's first genetically modified corn products overseas on the home turf of the world's top agricultural comp ..
In the Chaoyang district of northeast Beijing, a nondescript wall covered in patriotic posters protects one of the city's most valuable treasures: a dirt field containing ..
Renault is drawing up proposals to relinquish some power over alliance partner Nissan, sources said, and will on Monday begin shoring up boardroom support in the final days be ..