BUSINESS

Economists polled by Reuters had expected the index, which measures surveyors' view of price trends, to drop less sharply.

Bank lending is a crucial part of China's monetary policy as the government tells commercial banks how much to lend and when to lend each year.

The company has maintained its planned merger with Tim Horton's, expected to close on Friday, is not aimed at saving on taxes.

The state-run lenders are estimated to need as much as $60 billion in capital over the next four years.

A new law will require Google to pay news organizations if they are linked on the Google News service.

The Dow tumbled more than 260 points Wednesday due to "jitters" in the U.S. stock market as concerns grow about a lackluster global economy.

Think Airbnb, except for ordinary people who need to borrow some money or people with some extra money to lend.

The high-end yogawear retailer is poised to post higher quarterly sales Thursday, analysts say.

Democratic lawmakers decry financial deregulations tucked into last-minute spending bill. Will they block it?

Morgan Stanley agreed to pay a $4 million fine to the SEC for violating a market access rule after a rogue trader engaged in fraudulent trading of Apple shares.

McDonald's will cut eight food products and reduce the number of "extra value" meals on its U.S. menus beginning in January.

Qatar Airways was supposed to get the new high-tech jet on Wednesday, but said it wasn't up to its standards.

National environmentalist groups have joined forces with local opponents to delay the construction of thousands of miles in new pipelines, the Wall Street Journal found.

China’s largest private employer, FoxConn, could buy an Indian facility that was once the world’s biggest mobile phone factory.

The Dow tumbled after OPEC slashed its forecast for 2015 production by 300,000 barrels per day to 28.9 million barrels.

California, Washington and Hawaii are the only states where more than three out of every 1,000 cars are now electric.

People have donated thousands to small businesses in Ferguson to help rebuild after violent protests.

The wholesale club warehouse is one of the largest fuel retailers, and excluding fuel, its sales rose by 7 percent.

Australia had previously said that it would continue to aid vulnerable countries in the Pacific region, rather than donate to the fund.

Uber is dealing with the fallout of an alleged rape by a cab driver affiliated to the company in New Delhi.

Prosecutors had charged Liu Tienan and his son with taking 35.6 million yuan ($5.74 million) in bribes in dealings with various companies.

Oil major BP will also review its capital expenditure plans for 2015, in light of the current outlook for oil prices.

Hyderabad became the second city to ban Uber's services after a New Delhi rape allegedly involving a company-affiliated driver.

The British Chambers of Commerce trimmed its forecasts for economic growth in 2014 and the coming years.

State officials say Christie violated his own pension law when he cut the required contributions to the retirement system.

A woman went into labor on a Southwest Airlines flight shortly after its takeoff from San Francisco on Tuesday morning.

Bose products could return to Apple Stores after they were pulled from retail shelves and its online store.

The Irish government will accept a motion to be proposed by the opposition Tuesday calling on parliament to recognize Palestine as a state, echoing similar recent symbolic decisions in other European Union countries.

Takata is getting heat from lawmakers, lawyers and now Honda itself over its handling of the air bag recall crisis.