Hyundai Motor Co's strong performance in emerging economies and growing U.S. market share drove it to a record net profit in the first quarter and should cushion it from a stronger won and rising input costs.
Asian stocks fell on Thursday as several major U.S. firms issued disappointing outlooks, casting doubts on the strength of a global recovery, and as investors grew impatient for action on Greece's debt crisis, weighing on the euro.
Brazil tops the list of countries asking Google Inc to remove content from its services, the Internet search company disclosed in a new Web tool -- but it said statistics on China are secret.
The global economy is recovering from recession more quickly than expected but rescue efforts have worsened public finances, and if not reined in, will lead to a debt explosion, the IMF said on Wednesday.
Coca-Cola Co expects an improving economy to help North American results this year, but it may have less freedom to raise prices as it catches up to an overhaul by rival PepsiCo Inc .
Thomson Reuters Corp launched a global, high-speed network on Tuesday for financial firms to access real-time data as well as share information with each other directly.
Coca-Cola Co reported lower-than-expected quarterly revenue, hurt by a decline in North American sales volume.
Asian stocks rebounded on Tuesday, a day after suffering their biggest percentage fall in 10 weeks, as Citigroup's best results since 2007 raised investor optimism about earnings growth.
Quarterly earnings at Asian carmakers are set for a big improvement thanks to recovering demand and cost cuts, and analysts are turning their focus to how fast they can get back to sustained, pre-crisis growth.
Asian stocks rebounded on Tuesday, a day after suffering their biggest percentage fall in 10 weeks, as Citigroup's best results since 2007 raised investor optimism about corporate earnings and risk aversion receded.
U.S. miner Peabody Energy's $3.8 billion bid for Macarthur Coal gained traction on Monday as one of two rival deals involving the Australian miner hit the skids.
U.S. miner Peabody Energy faces an uphill battle to win support for its $3.8 billion bid for Macarthur Coal from the Australian miner's board and biggest shareholder.
Global finance leaders face fractious talks this week on how to shift more voting power at the World Bank to emerging economic heavyweights such as China, a prelude to a bigger fight over the IMF.
U.S. miner Peabody Energy faces an uphill battle to win support for its $3.8 billion bid for Macarthur Coal from the Australian miner's board and biggest shareholder.
More than half of private equity investors plan to put more money in emerging markets, expecting higher returns from deals in these economies than ones in sluggish western markets, a survey found.
China remains on course to gradually put in place a managed floating exchange rate system, President Hu Jintao said in a speech released on Friday amid pressure on Beijing to let its yuan currency strengthen.
France's Renault is bailing out of a loss-making joint venture with India's Mahindra & Mahindra after disappointing Logan sales, and is expected to focus on other projects in the potentially high-growth market.
Credit Suisse is hiring Vedika Bhandarkar, a veteran investment banker at rival JPMorgan , to beef up its investment banking business in India.
Credit Suisse is hiring Vedika Bhandarkar, a veteran investment banker at rival JPMorgan , as head of investment banking for India, the Swiss investment bank said on Friday.
Apache Corp said it will buy oil and natural gas explorer Mariner Energy Inc for $2.7 billion, diving into the deepwater Gulf of Mexico with its second major acquisition this week.
(Reuters) - People living in countries with government-run healthcare systems like Sweden and Canada are far more confident than Americans that their families can get good, affordable care, according to a 22-nation survey released on Thursday.
China chalked up unexpectedly strong annual growth of 11.9 percent in the first quarter, prompting renewed calls for tighter policies to prevent the economy from overheating and stoking speculation of when Beijing will loosen its grip on the yuan.
