The British bank names James Staley, a former JPMorgan Chase executive, as its new leader amid a lackluster performance and vagueness about its future structure.
CEO Matthias Mueller will look to quell investor fears after the scandal-hit automaker announced a $3.85 billion loss in the third quarter.
The copper producer needs to sell a 10.6 percent stake in exchange for a mine-contract extension.
The auto industry has said, in effect, that drivers own the steel in their cars, but not the software. But the U.S. government has ruled differently.
International Business Machines disclosed Tuesday the Securities and Exchange Commission is looking into its accounting practices.
“Certainly, you can’t say when the economy is not growing that your original plan will be implemented as they were,” President Jacob Zuma said Tuesday.
The British oil giant told investors it anticipates crude prices will reach $60 a barrel in 2017, but to raise prices, U.S. and global production will first need to drop.
The outdoor-gear chain will close its 143 stores on the typically feverish shopping day, urging customers and employees to head outside instead.
Investors are cautiously digesting some weak earnings reports and monthly data on durable goods as Federal Reserve governors convene meeting.
Even as the pharmaceutical giant bats away concerns over its complex pharmacy model, federal investigators have launched a new antitrust probe.
The senator put his campaign where his mouth is and rallied with union workers Monday.
With international sanctions slated for repeal as early as next year, tobacco companies could benefit from gaining a foothold now in the Iranian market.
Australia, the world's largest coal exporter, said it will not stop development of coal mines despite a call by prominent citizens to curb the country's role in global warming.
IndiGo started operations in 2006 and has since captured nearly 40 percent of the domestic market, becoming the only consistently profitable airline in the country.
While earnings dipped on low oil prices, the British oil producer managed better-than-expected results on the back of stringent budget cuts and asset sales.
The Violation Tracker database, compiled by think tank Good Jobs First, tracks companies that have violated U.S. environmental, health and safety laws.
Activist investor Daniel Loeb has bought stake in Japan's second-largest grocery chain, his fifth investment in the country in the past two years, according to reports Tuesday.
The world's biggest packaged food company has been facing a public relations crisis in India, following a ban on its Maggi noodles in May.
As Ford, GM and Fiat Chrysler post impressive profits, workers look to capture their piece of the pie.
Duke Energy's move to buy a natural gas distributor for $4.9 billion arrives as electricity demand is softening thanks to energy efficiency.
Extreme heat waves more intense than anything ever on Earth will hit Abu Dhabi, Dubai, Doha and coastal cities in Iran starting in 2070 if climate trends continue.
Investors began the week cautiously, following subdued global markets ahead of the next Federal Open Market Committee meeting.
The Canadian drugmaker answered concerns from investors over its embattled specialty pharmacy model, but more questions are emerging.
Domestic producers have been scaling back operations because of the high costs of unconventional operations, such as hydraulic fracturing, or fracking.
The Republican front-runner says the loan helped get him started in his real estate career.
“VW may be facing sales difficulties due to the [diesel emissions] scandal toward next year in Europe and the U.S.," one analyst said.
In a major energy deal Monday, Duke Energy Co. will acquire one million new customers with its acquisition of Piedmont Natural gas for $4.9 billion.
Maersk Oil's latest move would take the total number of job cuts at the company to 1,250 this year, and help reduce expenses by 20 percent by the end of 2016.
The investigation is one of the first by U.S. regulators into a possible breach of Western sanctions against Russia, the Financial Times reported.
General Motors and the United Auto Workers union had been in talks since July over the latter's demand to shorten the service time required for workers to reach top pay and the elimination of a two-tier wage structure.
