The European Central Bank has proposed that large branches of foreign banks in the European Union be subject to tighter regulation and capital requirements, a move that would ..
New applications for U.S. unemployment benefits recorded their biggest drop in nearly two years last week, pointing to a further tightening in the labor market. Initial claims ..
Comcast Corp (CMCSA.O), facing pressure in its core business, said on Thursday it is launching a wireless service with an unlimited data plan, making it the first major U.S. c ..
Renaud Laplanche, who abruptly stepped down as chief executive officer of LendingClub Corp (LC.N) in May, has launched a new online lender called Upgrade, the company said on ..
Nestle's (NESN.S) outgoing chairman said on Thursday he could not predict what Nestle would do with its 23 percent stake in French cosmetics group L'Oreal (OREP.PA) ..
General Motors Co's (GM.N) chief financial officer said on Thursday the automaker expects another "very strong year" in 2017 and reiterated the company's e ..
Two former junior Barclays (BARC.L) traders have been unanimously acquitted by a London jury of conspiring to rig Libor benchmark interest rates in a blow to the UK Serious Fr ..
Amancio Ortega, founder of the world's biggest clothing retailer Inditex and Europe's richest man, has put a majority stake in the firm that owns the Zara fashion ch ..
BP has cut Chief Executive Bob Dudley's pay package by 40 percent to $11.6 million, the company said on Thursday, the latest British bluechip company to rein in executive ..
Global demand for air travel rose 4.8 percent in February, thanks to lower fares and improving economies, with no major impact from an attempted U.S. travel ban, the Internati ..