The number of planned layoffs at U.S. firms rose 13.5 percent in October on cuts in the pharmaceutical and financial sectors, a report on Wednesday showed. ..
Wells Fargo is among firms facing federal scrutiny of mortgage-bond sales under a 1989 law the government is using to extend probes of banks’ roles in the credit crisis, sourc ..
Germany's Commerzbank said Jochen Kloesges and Ulrich Sieber will leave by year end, shrinking the management board of the country's second-largest lender down to se ..
British defense contractor BAE Systems (BA.TO) said it would start a consultation process to lay off 1,775 ship workers across the UK and would stop all shipbuilding at Portsm ..
Iraqi Kurdistan has finalized a comprehensive package of deals with Turkey to build multi-billion dollar oil and gas pipelines to ship the autonomous region's rich hydrocarbon ..
Wednesday's purchasing managers' indexes (PMIs) from Markit showed the pace of growth in euro zone businesses slipped last month, although not nearly as badly as fir ..
ING (INGA.AS) said it should complete its restructuring two years ahead of schedule, meaning the Dutch banking and insurance group could be one of the first euro zone casualti ..
The UK's Lloyds Banking Group (LLOY.L) said it has opened an internal probe into its own currency trading after regulators started investigating possible manipulation in ..
Daimler said October sales for its Mercedes-Benz premium auto brand reached a new record, growing volume by 15.3 percent to 126,421 cars thanks to high deliveries for its new ..
Last month's dive in euro zone inflation has put a European Central Bank rate cut back on the agenda, but with bank-to-bank lending rates already near zero, markets are s ..