European officials should accept that Greece may never repay its $366 billion debt, analysts told CNBC, even if Athens secures a bailout extension. ..
Fox, which like other broadcasters is battling a shift to on-demand TV, denied there had been any talks with Discovery, which owns Animal Planet and the Discovery Channel. &qu ..
The largest U.S. refinery strike in 35 years entered its fourth week on Sunday as workers at 12 refineries accounting for one-fifth of national production capacity were walkin ..
Chinese auto parts maker Wanxiang Group will push back its planned relaunch of the defunct Fisker Karma hybrid sports car until mid-2016 and rebrand Fisker Automotive as Elux, ..
Stock markets and the euro started the week on a cautious note on Monday as a Greek debt deal struck last week remained in the balance until Athens drew up a list of reforms t ..
Canada's Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) agreed to acquire gastrointestinal drugmaker Salix Pharmaceuticals Ltd (SLXP.O) in an all-cash deal va ..
Japan Inc sees no need for an aggressive pursuit of a 2 percent inflation goal or additional monetary easing, a Reuters poll showed - a stance that supports the central bank ..
Daimler AG's Mercedes-Benz is recalling more than 147,000 mid-size sedans and station wagons from 2013-2015 to check for risk of engine fires, the U.S. safety regulator s ..
Universal's erotic drama starring Dakota Johnson and Jamie Dornan earned $23.2 million at No. 1 in its second weekend at the box office, according to studio estimates Sun ..
Germany's Wolfgang Schaeuble, the "immovable object" in the words of one economist, stopped Greece's charismatic new finance minister Yanis Varoufakis in h ..