American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.
Deutsche Bank has shuffled some of its senior U.S. investment bankers, appointing Jim Ratigan as co-head of Americas M&A, an internal memo obtained by Reuters showed.
Enbridge Inc said on Sunday a key segment of its oil pipeline system the U.S. Midwest will remain shut down for an undetermined period after a deadly vehicle accident in Illinois caused an oil leak and fire, likely squeezing supplies for refiners in the region.
Bailed-out insurer American International Group Inc has announced the sale of shares of Hong Kong-based AIA Group Ltd by means of a placing to certain institutional investors.
European aerospace group EADS was considering doing without part of a development loan for its Airbus unit worth 500 million euros ($660.3 million) from the German government as a dispute escalates regarding the group moving operations from Germany, a paper reported.
India has enjoyed generally benevolent relations with the Jewish state.
Decades ago, Antonis Seitanidis' family fled Asia Minor to settle in the northern Greek town of Komotini in search of a better life.
Shares in Warren Buffett's Berkshire Hathaway could rise as much as 45 percent, according to a Barron's story that cites an investor in the company.
SAN FRANCISCO - The $64 billion global video games industry, shaken up by the likes of Zynga in recent years, may be on the verge of another identity crisis.
As Bain Capital LLC prepares to market a multibillion-dollar fund, investors say the private equity firm's performance is its biggest problem -- not the 15 years it was run by presidential hopeful Mitt Romney.
As Bain Capital LLC prepares to market a multibillion-dollar fund, investors say the private equity firm's performance is its biggest problem -- not the 15 years it was run by presidential hopeful Mitt Romney.
European Council President Herman Van Rompuy warned against complacency in handling the euro zone debt crisis and stressed the need for meeting budget rules and reducing deficits.
The vain Italian Fascist and the modest, unassuming Indian ascetic got along extremely well and admired each other.
Annie George, the owner of a lavish 34-room mansion in upstate Rexford, N.Y., stands accused of keeping an Indian woman, V.M., in forced labor as a domestic worker in her home. V.M.'s circumstances, and the unanswered questions surrounding her time in the U.S., combine human trafficking and modern-day slavery laws with a tangled web of immigration laws, compounding the suffering that result from the modern-day struggles that plague domestic workers, regardless of citizenship, as they ...
The chief negotiator for the body representing private sector holders of Greek bonds expressed confidence on Saturday that a bond swap deal which is a key part of Greece's bailout program would be completed successfully next week.
Less than a year after a series of tornadoes caused some of the worse insured losses in U.S. history, the insurance industry is likely facing substantial costs again after storms killed at least 33 people on Friday.
Less than a year after a series of tornadoes caused some of the worse insured losses in U.S. history, the insurance industry is likely facing substantial costs again after storms killed at least 33 people on Friday.
The euro zone sovereign debt crisis has eased in recent weeks, ECB Governing Council member Athanasios Orphanides said on Saturday, adding more needed to be done to convince markets the euro zone had an effective crisis handling mechanism in place.
Stocks have proven the naysayers wrong so far in 2012. And the February jobs report could be just the ticket to keep the bulls going next week.
Nomura Holdings and billionaire investor George Soros have cut their stakes in Taishin Financial to about 1 percent each from about 3 percent last year, marking the latest exodus by foreign investors from Taiwan's over-banked market.
Chipmakers LSI and Mediatek Inc and chip design house STMicroelectronics NV did not violate Rambus Inc's patented chip technology, a judge at the International Trade Commission said on Friday.
A federal judge rejected Credit Suisse Group Inc's bid to dismiss a lawsuit by National Century Financial Enterprises bondholders that accused the Swiss bank of deceiving them about the health care finance company and missing its vast, roughly $2.9 billion fraud.
BNY Mellon Corp is sticking with employee stock options, even as many major U.S. banks cut them, and despite its previous awards losing more than $850 million in value since 2008.
Consumer review website Yelp Inc made a sparkling market debut on Friday, buoyed by optimism ahead of Facebook's public listing and hopes for further successful public listings by Internet companies down the road.
During an interview on Fox News, Barry Hinckley can be seen silently mouthing the words that come out of his 5-year-old son’s mouth, making host Neil Cavuto visibly uncomfortable.
Facebook Inc will add banks in coming weeks to help underwrite its initial public offering, two sources familiar with its plans said on Friday.
Cupcake automats are coming to the streets of Manhattan by summer to offer cupcake-craving consumers the 24-hour spot for sugar satiation--how will the health-conscious Bloomberg administration react?
Facebook Inc will add more banks in coming weeks to help underwrite the company's initial public offering, two sources familiar with its plans said on Friday.
A senior Morgan Stanley investment banker was placed on leave after police accused him of hurling racial slurs at a taxi driver of Middle Eastern descent and stabbing him in the hand with a pen knife over a fare dispute.
