BUSINESS

"Persistent misbehavior” by British banks cost them about 1 pound in every 4 pounds of pretax profits earned over the past 15 years, a study showed.

The bank said China is likely to see growth slow to 6.7 percent in 2016 and 6.5 percent in 2017, from 6.9 percent in 2015.

In market openings Monday, the dollar wallowed close to lows notched last week, as investors mulled the outlook for U.S. monetary policy.

Investors want to see solid earnings gains, but that’s unlikely as first-quarter reports begin to roll out.

Six of the world’s central banks have introduced negative rates, most notably the Bank of Japan and the European Central Bank

When major banks kick off earnings season this week — led by JPMorgan and Bank of America — investors should expect to see a lot of red.

Regular-grade gasoline climbed to around $2.10 a gallon in the Friday survey, from $2.02 a gallon on March 18.

Bonuses for senior managers have become a flashpoint in an escalating dispute with powerful labor leaders at Europe’s biggest carmaker as it prepares to finalize a new strategy.

The searches reportedly were ordered to try to identify offshore companies set up by the bank via Panamanian law firm Mossack Fonseca.

Italian banking stocks have slumped 40 percent this year as investors fear rising bad loans amid negative interest rates.

The British prime minister has faced scrutiny over whether his family tried to avoid the amount of inheritance tax that would eventually be due on their estate.

For years, the bank falsely certified that many of its home loans qualified for Federal Housing Administration insurance, a $1.2 billion settlement says.

Automation isn't taking over the world just yet. The e-commerce company is still hiring people to support its retail expansion.

François Perol’s comments are among the strongest from a big bank since the European Central Bank sent its deposit rate deeper into negative territory.

Italian banking stocks have dropped 40 percent this year as investors fret about bad loans and negative interest rates that are hurting profits.

A Boeing delegation will visit Iran and will meet the country’s national carrier, Iran Air, and other Iranian airlines, local media reported.

Executive salaries were trimmed by 4 percent to 5 percent from the previous year due to “challenging financial markets,” the bank said Friday.

First-quarter earnings reports begin in earnest next week with reports expected from Alcoa and four of the big banks.

A man accused of fixing a global financial lending benchmark had little financial incentive to do so, his lawyer claims.

The convicted swindler, 77, will answer questions at the prison where he is serving a 150-year sentence for running a huge Ponzi scheme.

A decline of 0.5 percent in February was the sharpest since May 2013, the Commerce Department said Friday.

Hopes are high that a punishing global oversupply may be approaching a tipping point after nearly two years.

Nouriel Roubini, the economist who famously foresaw the financial crisis, has warned that a British split with the European Union could lead to its demise.

Citing an interest in promoting competition, the Obama administration has prevented $370 billion in mergers and acquisitions.

Risks to the U.S. economy are “slightly­” tilted to the downside, William Dudley said in calling for a gradual approach to rate hikes.

The ratings agency Standard & Poor's said the troubled oil and gas sector helped push the tally of corporate defaults to 40 so far this year.

Owners of the faulty vehicles said their cars likely contained a “defeat device” used to cheat emissions testing, an accusation that Daimler has denied.

Chinese steelmakers lost $10 billion last year, as the industry grapples with overcapacity and accusations of dumping.

Central bank efforts to keep Japan’s currency down aren’t working. Early Friday, the yen reached a 17-month high against the U.S. dollar.