After two years in the red, China Cosco is selling off subsidiaries in the hopes of covering its losses this year and avoiding delisting.
India and China plan to boost trade even as India seeks a bigger share of the Chinese market to narrow its yawning trade deficit.
The troubled maker of the Karma electric hybrid sports car could end up in the hands of a US boutique car company and a Chinese partner.
Home sales in April rose to a three-year high of 4.97 million, just shy of what economists had expected.
The company built 2.8 million vehicles in the region last year, when it operated near full capacity.
Wolin said the IRS' targeting of conservative groups is “absolutely unacceptable and inexcusable.”
Italy, Spain, Portugal and Greece's account balances are heading toward pre-crisis levels, thanks to improved trade imbalances.
Two important summits are coming up this year where Europe-based tax evasion and fraud will surely take center stage.
An journalist group in Korea announced a list of top Korean businessmen suspected of setting up evading taxes.
Saks, Kinross Gold, NPS, Eldorado Gold, Barrick Gold prevailed in the pre-market trading on Wednesday.
Kazuo Hirai makes his first public comments about activist investor Daniel Loeb's request to break up Sony.
U.S. stock index futures point to a higher open on Wednesday ahead of a key testimony by Federal Reserve Chairman Ben Bernanke where he is expected to talk about the future of the country's monetary policy.
Airbnb is not illegal in New York City!
The maker of famous sweets like Kisses and Reese's Peanut Butter Cups is launching a new product for the Chinese market.
Traffic on Mount Everest has been building over the past few years. Today, the place is hardly recognizable.
FX Energy, NetApp, Canadian Solar, DryShips, and AcelRx prevailed in the Nasdaq post-market trading on Tuesday.
The top 20 brands in the world are overwhelmingly American and tech-focused, with Apple number one.
The luxury retailer reportedly hired Goldman Sachs to find a buyer.
Lois Lerner, who heads the IRS' tax-exempt application division, sparked a media frenzy when she issued an apology May 10.
Shang Xia, a brand inspired by traditional Chinese design elements, is opening its third location and first store overseas, in Paris.
The slowdown of the Chinese economy translates into a beating for silver, gold and others commodities.
Reditt users uncovered Pixar's use of what appears to be a pedophilic image on their "Cars" kiddie pool product.
These are the top five American companies with the most accumulated offshore profits. And no, Apple isn't one of them.
As a result of recent regulation, Chinese banks are offering fewer new products, but all is not lost for China's wealth management products.
McDonald's is reportedly scaling back its core menu.
Tuition fees and living costs for international students in Australia have soared by 166 percent over the past decade.
CEO Jamie Dimon survives vote to strip him of chairmanship.
Beijing is offering heavy subsidies to popularize electric cars, which may alleviate its pollution and congestion troubles.
About 40,000 Kenyan guest workers currently live in the UAE, primarily in the construction, hotel and travel industries.
Tesla made a profit in the first quarter -- a first for the company -- but it couldn't have done it without selling carbon credits.