Commercial mortgages at U.S. banks have been failing at the fastest rate in nearly 20 years, the Wall Street Journal said, citing its own analysis.
Hasbro Inc posted a higher-than-expected quarterly profit on Monday, citing strong demand for its movie-themed toys, and said its cable TV deal would cost it less than originally thought.
Jarden Corp , maker of Sunbeam appliances and other home products, said on Monday it expects to meet or exceed analysts' profit and sales expectations when it reports second-quarter results later this week, sending its shares up 1.5 percent.
Spectrum Pharmaceuticals Inc said U.S. health regulators accepted for review the company's response on its experimental cancer drug, Zevalin, as a Class 1 submission -- which typically means the regulators would review the drug within 60 days.
China's CPI Mengdong Energy Group, the parent of smelter HMHJ Aluminum, has agreed to import 2.5 million tonnes of alumina from international trading house Trafigura Group, trading sources said on Monday.
Chinese iron ore miner Lung Ming, partly owned by private equity firm Hopu and Singapore's state investor Temasek, plans to list shares in Hong Kong this year to raise up to $1 billion, sources with direct knowledge of the plan said.
India's Tata Steel and Suzlon Energy Ltd launched global depositary share offers on Monday to raise a combined $575 million, sources said, leaning on a share market rally and rising foreign appetite for Indian offers.
Jarden Corp , maker of Sunbeam appliances and other home products, expects to meet or exceed analysts' expectations for profit and sales when it reports second-quarter results later this week.
The row over four Rio Tinto Ltd staff detained in China accused of spying has exposed Australia to Chinese wrath just when a Mandarin-speaking leader in Canberra had appeared to have wooed the country over.
Johnson Controls Inc posted a 63 percent plunge in quarterly earnings as the weak economy pressured the diversified manufacturer's auto parts and building controls businesses, but its shares rose 7 percent as the results beat Wall Street forecasts.
Deutsche Lufthansa could turn an airline sector slump to its advantage by negotiating lower prices and more cost cuts out of acquisitions it agreed last year that threaten to hurt its shares.
Magna and Sberbank have changed their offer for General Motors' former European unit Opel, a source familiar with the matter said.
Hasbro Inc , the No. 2 toy company, posted a higher-than-expected quarterly profit on Monday, helped by lower costs and demand for toys linked to summer movies such as G.I. Joe and Transformers.
Hasbro Inc , the No. 2 toy company, posted a higher second-quarter profit on Monday, boosted by demand for toys such as G.I. Joe and Transformers linked to popular summer movies.
Australia's trade minister said on Monday that Australia wants more details on the detained employees of miner Rio Tinto from China quickly, but said the case would not hurt economic relations if handled properly.
Australia's trade minister said on Monday China's detention of Rio Tinto employees would not hurt economic relations if handled properly, but said the case was a signal to everyone looking to invest in China.
British Airways has told its check-in staff to look out for passengers showing symptoms of the H1N1 virus and to alert doctors who could bar them from boarding a flight, the airline said on Sunday.
Minerals firm Saudi Arabian Mining Co (Maaden) reduced losses by 59 percent in the second quarter in 2009 but posted profit on operational levels as gold revenues rose, the firm said on Sunday.
Almarai Co., the Gulf's largest diary company by market value, said on Sunday it will begin production on a 650 million riyal ($173.3 million) infant formula plant as well as a baked goods factory before the end of next year.
Shares of Goldman Sachs Group Inc could rise to between $175 and $200 in the next year if the investment banking firm can continue to report quarterly profits of $4 to $5 a share, Barron's said, citing analyst predictions.
Roger Jenkins, the executive who secured billions of pounds in overseas funding to help Barclays remain free from direct government investment, is poised to leave the bank, the Sunday Telegragh reported.
Nomura Holdings Inc's U.S. brokerage unit said it has hired Ciaran O'Kelly from Bank of America Corp as a managing director and head of equities in the Americas.
German hospital operator Rhoen-Klinikum plans to raise 460 million euros ($648.9 million) in fresh capital, boosting its equity base by one third, to step up its pace of acquisitions.
Germany's economics minister ruled out any attempt by General Motors to include an option to buy back majority control of Opel as part of a deal to give up over 50 percent of its German unit in exchange for state aid.
State-owned China Investment Corp., the nation's sovereign wealth fund, had agreed to buy 40% of Citic Capital Holdings Ltd., Caijing reported on Friday, citing a company letter addressed to investors.
China's online shopping rose by 18.9% over the first six months despite traditional retailing's struggle to keep their customers amid the economic downturn, state news agency Xinhua reported on Friday.
Australasian Resources Ltd (Australasian) has terminated its project agreement with China's 4th largest steelmaker, Shougang Corporation (Shougang), Australasian said on Thursday, adding that it has begun talks with other interested parties.
Porsche SE's controlling families will agree on Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.
Porsche SE's controlling families will agree on Thursday to accept an offer by Volkswagen to buy its sports car business Porsche AG for roughly 8 billion euros ($11.28 billion), Der Spiegel reported on Saturday.
Emirates Telecommunications Corp ETEL.AD (Etisalat) made a second-quarter net profit of 2.41 billion dirhams ($656.1 million), according to Reuters calculations, down 19 percent from the year-earlier period.
