Alibaba.com, China's largest e-commerce firm, posted an 11.9 percent rise in quarterly net profit, its slowest growth in nearly two years.
Franco-Belgian bank Dexia is accessing emergency liquidity facilities in Belgium, France, Spain and Italy, a banking source said on Thursday, as analysts described its liquidity situation as very dramatic.
Prospects for the $39 billion sale of Deutsche Telekom's T-Mobile USA unit to AT&T darkened after the U.S. telecoms giant said it would take a $4 billion charge in case of failure and the pair gave up on one avenue of regulatory approval.
Growth in China's factory output is likely to fall slightly to 12-13 percent in 2012 due to weakening global demand, the industry ministry said on Thursday, but that level probably still implies a comfortable GDP growth rate of 8-9 percent next year.
China has been forced into self-help mode after a series of international crises have hollowed out its export markets and left it feeling like the only man standing.
A consortium led by private equity firm KKR & Co clinched a deal to buy oil and gas group Samson Investment Co for $7.2 billion, KKR said on Wednesday.
German government bond yields hit their highest in nearly a month on Thursday and world stocks held near 7-week lows as a weak debt sale the previous day fanned fears the euro zone debt crisis may finally begin to threaten its biggest economy.
In November 1986, shaken by traders' losses after a brokerage went bust, the U.S. futures industry considered, and then rejected, the notion of insuring customer funds in a broker default.
Japanese stocks hit a two-and-a-half-year low and the euro struggled on Thursday after a disappointing German bond sale raised alarm that Europe's ever-worsening sovereign debt crisis is starting to affect even the continent's economic powerhouse.
The euro fell to a six-week low against the yen on Thursday and Asian stocks were subdued after an unsuccessful German bond sale raised alarm that Europe's ever-worsening sovereign debt crisis is starting to affect even the continent's economic powerhouse.
For 85 years, U.S. retail chain, Macy's has been hosting an annual parade for Thanksgiving Day witnessed by more than 3 million people who line up the city of New York.
For many states, a law intended to root out corruption also has been good for the bottom line.
Fidelity Investments gives a select group of employees an unusual perk. It lets them make unsecured loans to the company at annual interest rates that have paid them nearly 20 percent in recent years.
The Cassini spacecraft orbiting Saturn has sent high-resolution images, which includes those of a 'monstrous-giant storm,' which stayed alive for 200 days on the northern part of Saturn.
Ever wondered what the U.S. economy might look like should there be another Lehman Brothers-style bank collapse? Well, it would not be pretty.
Stocks suffered a sixth straight day of losses on Wednesday as frustration over the euro zone's debt crisis, coupled with weak Chinese factory data, further dented investor sentiment.
Google has launched a customizable turkey design for its Thanksgiving 2011 Google Doodle. Thousands of looks are possible, but 12 special combinations yield a complete look with animated accessories, from Wizards and Pirates to a Turkey Astronaut. Find out how to get all 12 easter eggs, and see each Google Doodle look.
Hoping to fill up your Thanksgiving weekend with a marathon of The Cosby Show or 3rd Rock From the Sun? If you're a Hulu Plus subscriber, you're in luck.
Moody's Investors Service on Wednesday warned that its top credit rating for the United States could be in jeopardy if lawmakers backtrack on $1.2 trillion in deficit cuts planned over 10 years.
Can too much success be a bad thing? In the case of the critical acclaim received by the 2010 film Rabbit Hole, perhaps so.
Bank stocks took another nose-dive on Wednesday on concerns about the European debt crisis and strenuous stress tests unveiled by the Federal Reserve on Tuesday, analysts said.
Microsoft Corp has signed a confidentiality agreement with Yahoo Inc, allowing the software giant to take a closer look at Yahoo's business, according to a source familiar with the matter.
Stocks tumbled about 2 percent and were on track for a sixth straight day of losses on Wednesday as frustration over the euro zone debt crisis coupled with weak Chinese factory data sank sentiment.
J.P. Morgan has agreed to buy all of defunct U.S. brokerage MF Global's shareholding in the London Metal Exchange after a competitive bidding process, KPMG, the administrators for MF Global's UK unit, said on Wednesday.
Stocks tumbled again on Wednesday, leaving the benchmark S&P 500 on pace for a sixth straight decline as frustration with the euro zone's debt crisis coupled with weak Chinese factory data sank investor sentiment.
Shares of Groupon Inc fell for a third day on Wednesday, sinking below the company's initial public offering price of $20 less than three weeks after the daily deal company went public.
Samsung Galaxy Nexus Prime fans had braced themselves for the leaked Dec.8 release date on the Verizon Wireless networkbut , a new Best Buy ad featuring the phone points to an earlier release date on Sunday.
France would have limited room to absorb any new shocks to its public finances without endangering its AAA status, Fitch Ratings said on Wednesday, in the latest sign that the euro crisis could rob France of its cherished top-tier rating.
Consumer spending growth slowed in October and business capital investment plans were weak, raising questions about expectations for solid growth in the fourth quarter.
Stocks tumbled again on Wednesday, leaving the benchmark S&P 500 on pace for a sixth straight decline as frustration with the euro zone's debt crisis coupled with weak Chinese factory data sank investor sentiment.
