The U.S. Justice Department is preparing to file civil fraud charges against Citigroup Inc and Bank of America's Merrill Lynch unit over their sale of flawed mortgage sec ..
A Chinese bitcoin exchange platform announced on Wednesday that it had stopped taking Chinese yuan deposits, sending the price of the virtual currency down sharply as China br ..
Inequality between the rich and the poor is on the rise, and we're not just talking income. The wealthy are also getting better access to health care, as well as better t ..
Graham Mackay, the chairman of SABMiller and one of the best-known figures in the global beer industry, died on Wednesday from cancer. He was 64. Mackay spent 35 years at SABM ..
China Mobile Ltd said it's still in talks with Apple Inc to sell iPhones amid mounting industry speculation that the pair are about to announce a deal to net the technolo ..
Financial markets were cautious on Wednesday as investors waited to see if the Federal Reserve might announce it is trimming its massive stimulus program. European shares tipt ..
In the first speech of her third term, German Chancellor Angela Merkel urged European partners to tackle flaws in their currency union by ceding control over economic policy a ..
Spain could further cut severance pay and better match training programs to business needs among new steps to reduce Europe's second-highest jobless rate, the OECD organi ..
China's largest Bitcoin exchange said Wednesday that it has stopped accepting new deposits, a potentially crippling blow that could make it much harder to trade the virtu ..
JPMorgan Chase & Co (JPM) sued the Federal Deposit Insurance Corporation in federal court on Tuesday, saying the agency owes it more than $1 billion in compensation for no ..