- Lagardere Sells 7.5% Stake In EADS For $2.98B
April 09 2013 7:42 AM
Lagardere waited until EADS shares rose sharply before selling all of the 61 million shares it held in the company.
- GE Taps Lufkin Industries For $3.3 Billion
April 08 2013 9:02 AM
With the purchase of Lufkin, GE has expanded its investments in the upstream oil and gas business.
- China's Xi: Business Secrets Are Safe Here
April 08 2013 7:37 AM
China's leader addresses a long-standing complaint of non-Chinese companies in his country: corporate espionage.
- North Korea To Pull 55,000 People From Kaesong
April 08 2013 7:11 AM
Another week, another threatening move: North Korea announces a provocative act du jour.
- US Economy Creates A Mere 88,000 Jobs In March
April 05 2013 9:07 AM
The unexpectedly weak March jobs report hammered the markets, but economists cautioned against overreacting.
- Samsung Riding Surging Galaxy Sales To Big 1Q 2013
April 05 2013 7:11 AM
Galaxy S4 sales are booming in emerging markets, and the upshot will be a big first quarter for Samsung Electronics.
- Rich Nations Got Poorer Last Quarter: OECD
April 04 2013 7:29 AM
Shrinking inventories in rich countries caused their economies to contract in the fourth quarter of 2012.
- Bank Of Japan Launches Aggressive Easing - Yen Plunges, Nikkei Soars
April 04 2013 4:17 AM
The scope of the Bank of Japan's new monetary easing program stunned markets, surprised analysts and fired up the nation's stock market.
- Verizon's Denial Of Interest In Vodafone Hits Share Price
April 03 2013 5:17 AM
Verizon's quest to buy Vodafone's stake in Verizon Wireless is back to Square One.
- Fed's Lockhart: Bank Could Taper QE This Year
April 02 2013 1:45 PM
If unemployment data continues to improve, the head of the Atlanta Fed said he may support cutting back on quantitative easing.
- Vodafone May Be Sold For $245B To Verizon, AT&T
April 02 2013 1:32 PM
If the deal goes through, it will be the largest corporate acquisition in history.
- Cypriot Finance Minister Michael Sarris Resigns
April 02 2013 8:48 AM
Sarris was instrumental in negotiating with the so-called troika, the International Monetary Fund, ECB and the EU.
- All Nippon Airways' Pilots Retraining For 787 Dreamliner Jets
April 02 2013 7:54 AM
The airline’s decision reflects its expectation of regulatory approvals for Boeing’s new lithium-ion battery, which it will install on all 787s.
- Europe's Factory Output Sinking, Joblessness Soaring
April 02 2013 7:25 AM
Particularly troublesome in March was manufacturing in Germany. And how bad is youth unemployment in Greece?
- Russia's Lukoil Says 'Da' To Hess Unit For $2B
April 01 2013 12:09 PM
The value of assets Hess Corp. has divested so far this year has now climbed to $3.4 billion.
- France's Hollande: Raise Taxes On Corporate Millionaires
March 29 2013 7:29 AM
France, with a 10.6 percent jobless rate, aims to hike company taxes on high salaries by as much as 50 percent.
- S&P 500, Dow In Uncharted Waters, Again
March 28 2013 4:07 PM
Investors focused on the orderly reopening of Cypriot banks and a positive revision to the fourth-quarter U.S. GDP statistic.
- US Economy Grew Slightly In 4Q
March 28 2013 8:52 AM
The revised 0.4 percent fourth-quarter growth stat suggests that the U.S. economy is less likely to tip into a recession.
- Crying All The Way To The Bank
March 27 2013 11:18 AM
For the first time in the history of the euro zone, a member nation, Cyprus, is instituting capital controls.
- BOE To British Banks: Raise More Capital
March 27 2013 10:36 AM
British banks have about nine months to raise about $38 billion in Tier 1 capital.