BUSINESS

The era of banks deciding for themselves how much to charge one another for money is probably over.

India’s tea and coffee manufacturers have staged a bitter rivalry over which liquid is the national drink.

Iran's top energy official says each new refinery would have the capacity to generate 20,000 barrels per day.

What does Union Square Ventures’ Fred Wilson know about Coinbase that other investors might want to know?

Samsung announced its successful test of 5G wireless connectivity on Monday and projects it will be ready for commercial use by 2020.

Lamborghini SpA unveiled its newest supercar, the single-seat Egoista, for the Italian sports car maker’s 50th anniversary as a “dream” car.

Fresh out of the paint shop, the European 300-seater twinjet that will take on the Dreamliner gets ready for its first flight.

Bloomberg cut its reporters' access to confidential client data, but could it be too late to avoid damage to its bottom line?

The move is a clear indicator that multinational retail clothing companies like H&M are taking the appropriate steps toward improving fire and building safety.

The Bangladeshi government said Monday the April 24 garment factory collapse near the capital Dhaka has killed an estimated 1,100 people.

A majority of investors think the region will remain vulnerable until the recovery is secured and the deficit is reduced.

Stella Artois, the best-selling Belgian beer in the world, is introducing Stella Artois Cidre to the surging U.S. market.

The U.S. Justice Department has confirmed it's looking into alleged "Black Money" ties between Barclays and Saudi King Abdullah's son.

A growing number of buyers in China and India are jumping into the market and driving demand for jewelry, coins and bars.

Some of the world’s leading hedge funds are pouring money into the Greek banking sector in expectation of huge potential returns.

Unilife Corp, Nokia Corporation, and Corning Inc., are among the companies whose shares prevailed in the pre-market trading on Monday.

China industrial output came in at 9.3 percent, below forecast. April electricity production and retail consumption missed targets, too.

U.S. stock index futures point to a lower open on Monday ahead of the release of retail sales data for April.

China’s industrial production grew less than expected in April in comparison to the previous month, indicating economic volatility.

Bloomberg's former policy of allowing its reporters to access certain account info of its financial-analysis service clients is being reviewed.

The 212 presidents at the 191 public research institutions earned median total compensation of $441,392, a 4.7 percent increase.

The path to payback involves banks, processors, insurers, creditors and courts, plus contracts that don't yet cover such crimes.

Richard Branson lost a bet two years ago, and finally donned a red skirt and makeup, serving as a stewardess for a six-hour flight

The state-run airline chose Airbus over Boeing as it aims to upgrade its aging fleet.

The leader of the Pakistan Muslim League-Nawaz political party has claimed victory in the elections Saturday.

Indian card processor ElectraCard was identified as one of two companies affected by a $45 million online heist.

Today, Chrysler has announced a recall of 469,000 Jeep SUVs worldwide.

In search of resources and trade options, China has turned to the Middle East, including volatile areas where the West fears to do business.

Israel is one of the world's most attractive places for life-sciences startups, but lately the biomedical revolution there has hit a snag.