Slowing emerging markets are dragging on the world's economic recovery and advanced countries are struggling to pick up the slack after years of debt crises, the OECD sai ..
As the United States threatened to default on its debt last month, major U.S. banks set up war rooms, spent many millions of dollars on contingency planning and, in some cases ..
JPMorgan Chase & Co has withdrawn from a syndicate of banks working on a $2 billion Hong Kong listing by China Everbright Bank Co, a person familiar with the matter told R ..
Samsung Electronics Co said on Tuesday its Galaxy Gear has become the world's most popular smartwatch with sales reaching 800,000 since its debut two months ago, defying ..
Greece's current account surplus widened in September, the Bank of Greece said on Tuesday, helped by a rise in tourism receipts. The current account balance, a key measur ..
SHANGHAI/WENZHOU, China (Reuters) - Beijing's strategy to reroute money away from state-owned giants towards smaller firms to help fuel the economic transformation behind ..
Dutch food and chemicals group DSM (DSM.AS) said on Tuesday it was spinning off its pharmaceuticals division in a $2.6 billion deal with private equity firm JLL, pushing DSM's ..
Credit Suisse (CSGN.VX) plans to lean more heavily on its private banking franchise, targeting a bigger share of lucrative ultra-rich clients as tougher regulation and volatil ..
PARIS/MILAN (Reuters) - European car sales rose 4.6 percent in October, according to industry data published on Tuesday, as a broad-based recovery took root in the region' ..
NEW YORK/LONDON (Reuters) - Wall Street's commodity trading giants are using a 14-year-old law to hold on to their oil storage terminals and metals warehouses a little bi ..