Germany's EU Commissioner Guenter Oettinger said on Monday it might still be possible for Greece and its creditors to reach a deal this week. "We will need progress ..
The focus now shifts to the United States and parts of Europe, where hopes are pinned on stronger factory activity to offset the global downdraft from China. China reported on ..
The lowest oil prices in over six years have fueled a resurgence in U.S. gasoline use in recent months as more Americans take to the road. Demand is expected to climb 1.5 perc ..
U.S. shale oil producers, having weathered the worst price plunge in their industry's brief history, now face a dilemma: whether to stay in a defensive crouch after slash ..
Growth in China's giant factory sector edged up to a six-month high in May but export demand shrank again, prompting companies to shed jobs and keeping alive worries abou ..
China's factory activity remained subdued last month with both export demand and employment contracting, according to an official survey Monday that adds pressure on Beijing f ..
Chipmaker Nvidia Corp said it expects cloud computing revenue to hit $1 billion in the next two to three years, as demand for big data analysis drives growth in graphics chips ..
The Markit/JMMA final Japan Manufacturing Purchasing Managers Index (PMI) rose to a seasonally adjusted 50.9 in May, unchanged from the preliminary reading but higher than a f ..
Citigroup Inc. is expected to close its Banamex USA unit after government authorities began probes of possible violations of anti-money laundering laws, the Wall Street Journa ..
General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance busi ..