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Pressure mounted Friday on oil-rich Abu Dhabi to step in with financial support for Dubai after fears of a debt...
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What now for holders of Dubai World debt? Movements in the price of property developer Nakheel’s $3.5 billion Islamic bond,...
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United Arab Emirates’ banks are likely to be hit hardest by loans to Dubai’s government and the debt of its...
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Pressure mounted Friday on oil-rich Abu Dhabi to step in with financial support for Dubai after fears of a debt...
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What now for holders of Dubai World debt? Movements in the price of property developer Nakheel’s $3.5 billion Islamic bond,...
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United Arab Emirates’ banks are likely to be hit hardest by loans to Dubai’s government and the debt of its...
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LONDON — New industrial orders in the 16 countries that use the euro rose for the sixth consecutive month in...
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General Motors Co. will submit a restructuring plan for Adam Opel GmbH to the German government to help the state...
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WASHINGTON — U.S. factory goods orders rose in September more than expected, according to data released a day after a...
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Berkshire Hathaway Inc. (BRKA, BRKB) announced plans Tuesday to acquire the 77.4% Of Burlington Northern Santa Fe Corp. (BNI) it...
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Falling profits and higher bad loan charges aren’t usually signs it’s a good time to invest in banks. In Australia,...
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WASHINGTON — The U.S. economy expanded in the third quarter for the first time in more than a year as...
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LONDON — European stock markets and the single currency were boosted Thursday by the news that the U.S. economy, the...
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NEW YORK — U.S. stocks continued moving higher Thursday morning as news of the U.S. economy expanding in the third...
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ZURICH — Credit Suisse Group (CS) Monday said it wants to ratchet up pressure in home market Switzerland by more...
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There’s something about the U.K. that just doesn’t make sense at the moment. We hear that public spending by central...
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Monday denied a report in Le Monde that said it was in talks about a tie-up with local insurer Groupama...
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Federal Reserve Chairman Ben Bernanke called on Congress Friday to act on financial reform efforts, as the central bank itself...
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WASHINGTON — U.S. Federal Reserve Chairman Ben Bernanke, in a letter to a House lawmaker, said small financial institutions could...
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LONDON — Barclays PLC (BCS) could soon be snapping up retail and merchant banking assets in Italy, a move analysts...
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BERLIN — Germany’s center-right parties came under fire Wednesday for a planned shadow budget that includes billions in new debt...
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Treasury Secretary Timothy Geithner told Reuters Tuesday that President Barack Obama’s administration is focusing on supporting an economic recovery and...
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FRANKFURT — Germany’s Deutsche Bank AG (DB) said in a surprise statement Wednesday that third-quarter net profit more than tripled...
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NEW YORK — Morgan Stanley (MS) snapped three straight quarterly losses by posting a profit in the third quarter.
Driving earnings...
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LUXEMBOURG — European governments are starting to establish a framework for cutting the debts they have accumulated to tackle the...
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WASHINGTON — Home building rose a third time in four months during September, reflecting higher sales this year, but the...
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Treasury prices jumped after a duo of data Tuesday that showed a heftier than expected drop in producer prices and...
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Federal Reserve Chairman Ben Bernanke Monday said it was crucial to develop a fiscal exit strategy to maintain confidence in...
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Three major U.S. trade groups are urging the Obama administration to get off the fence and back an extension of...
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Asian countries appear to be leading a world economic recovery, but they must now focus on getting consumers to spend...
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The Federal Reserve Monday will offer banks $75 billion in 28-day credit through its “term auction facility” designed to address...
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General Electric Co.’s (GE) third-quarter earnings fell a less-than-feared 42% as the GE Capital financial arm was again the conglomerate’s...
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France’s leading banks are expected to come under increasing strain from volatile investment banking revenues and rising loan impairment charges,...
