Japan's Olympus Corp risks collapsing under a massive accounting scandal, but the company's big and profitable medical business is likely to emerge from any wreckage unharmed.
MF Global's liquidators are struggling to sell the Asian business as one concern because of problems unwinding trading positions, so they may now sell the various country units separately.
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of "selective" policy easing by the government to keep the world's second-largest economy on an even keel.
Japanese banks backed by more than $6 billion in spare cash are in talks to buy assets from European banks, sources familiar with the discussions said, as euro zone leaders try to coax foreign capital to help overcome the bloc's debt crisis.
Kingfisher Airlines is still a viable business and there is no dispute over its survival, its Chief Executive said on Friday, in an effort to dismiss widespread speculation that the cash-strapped airline was staring at bankruptcy.
The banking sector, enduring rounds of deep job cuts, faces the grim prospect of having nowhere to turn to for immediate employment in the industry, as nearly all branches of finance have pulled back on hiring.
India's industrial output growth probably slowed to an annual rate of 3.5 percent in September, weighed down by slower growth in infrastructure output and higher domestic borrowing costs.
Screen Gems has acquired the remake rights for the Indonesian action movie The Raid, the studio announced Wednesday.
The results of the collaboration between British luxury automobile manufacturer Rolls Royce and photographer Rankin, are to be displayed to the public at the Rankin Gallery in Los Angeles.
After 13 years together, Maggy Porter and Arlene Bronfman began to talk last June about marriage when New York State passed its Marriage Equality Act.
California's revenue in October came in $810.5 million below its projected level in the state budget, increasing pressure on its leaders to impose more spending cuts to keep the state's books balanced, the state controller said on Thursday.
Nordstrom Inc. reported a near 7 percent jump in third quarter profits after the market closed on Thursday, as affluent consumers showed no sign of shopping fatigue given the uncertainty in the economy and the volatility in the stock market.
U.S. oil and gas major Chevron Corp. said an oil leak off the coast of Brazil near its Frade field does not appear to be caused by the company's production activities in the area.
Moody's Investor Service said it has put Nomura Holdings Inc.'s credit ratings under review for possible downgrade.
The Walt Disney Company posted record earnings of $4.8 billion in 2011, up 21 percent from 3.96 billion in the year earlier period, mostly attributable to success in both the cable television and broadcasting division.
Kohl's Corp., the fourth-largest U.S. department store chain, said Thursday its third quarter profit rose 20 percent, helped by the launch of the exclusive brands such as lines by Jennifer Lopez and Marc Anthony.
Starbucks Corp. said it plans to open a health and wellness-focused chain next year after its acquisition of Evolution Fresh, a California-based premium juice maker, for $30 million.
AMC Networks reported Thursday $40 million in net income for the third quarter, a 58 percent increase from the year earlier period, based on the success of the success of original programming.
Sanford Weill, the former chairman and CEO of Citigroup, has listed his penthouse at 15 Central Park West for sale for $88 million.
Record-high exports in September drove the U.S. trade deficit down to its smallest gap since December, extending a decline for the third straight month and down from a peak of $51.6 billion in June. Meanwhile, imports from China dropped slightly.
T-Mobile reported Thursday a 2.8 percent net income boost to $332 million in the third quarter compared to the year-earlier period.
Viacom reported $576 million in fourth quarter earnings Thursday, more than 300 percent over last year's $189 million, driven by solid performances in both the box office and television segments.
U.S. foreclosure filings increased by 7 percent in October to a seven-month high, according to data from RealtyTrac.
Chevron's Brazilian outfit working to plug an ocean-floor oil spill off Brazilian coast.
Olympus Corp shareholders burned by the Japanese company's accounting scandal are unlikely to recover investment losses in U.S. courts and might not fare much better suing in Japan.
Two tiny Walmart.com stores are making Southern California malls their home for the holidays, launching the latest salvo in the war for online retail dominance.
James Murdoch blamed other senior News Corp executives on Thursday for not telling him more about potential evidence of widespread phone-hacking at the now-defunct News of the World tabloid that he oversaw.
FBR Capital Markets lowered its earnings and revenue estimates of Adobe Systems, Inc. (NASDAQ:ADBE) citing challenges in the transition and end-market demand.
Aluminium losses, rising costs and the weakening rupee hit India-focused miner Vedanta Resources' profits in the first six months of its financial year, despite higher sales and prices.
The head of India operations at UBS AG, Manisha Girotra, has resigned, according to an internal memo.
