A federal judge rejected American International Group Inc's request to move its $10 billion mortgage fraud lawsuit against Bank of America Corp back to a New York state court, where AIG believed the case belonged.
Euro zone finance ministers and the International Monetary Fund have approved the payment of the next tranche of financial support to Greece, a senior euro zone source told Reuters on Friday.
Mining strikes are proliferating around the world, hitting global mining companies as well as regional ones.
Michele Bachmann's entire presidential campaign staff in New Hampshire has quit, in the latest in a string of personnel losses. Can she rebound?
Stocks rose to their highest levels in more than two months on Friday in anticipation of a weekend European Union debt-crisis summit that could potentially remove a major cloud from markets.
If Thomas Hoenig, retired chairman of Federal Reserve Bank of Kansas City, becomes the new vice chairman of the Federal Deposit Insurance Corporation, will the era of big banks come to an end?
U.S. stocks rose to their highest in more than two months on Friday before a weekend European Union debt-crisis summit that could potentially remove a major headwind for markets and allow investors to focus on corporate results.
Strong demand from Brazil, Russia and China drove General Electric Co profit up 18 percent in the third quarter despite sluggish economies in the United States and Western Europe.
General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.
Vancouver-based Sacre-Coeur Minerals Ltd. said Friday that a new dredging machine and related equipment has boosted gold production by more than 50 percent at its north-central Guyana operations.
Stock indexes rose at the open on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on corporate results.
Platinum production is falling at a South African mine because of a nearly week-long strike, Royal Bafokeng Platinum Ltd. said Friday.
German business sentiment slid for the fourth month in a row in October, dipping to its lowest level since mid-2010 and compounding fears the euro zone debt crisis could push Europe back into recession if a solution is not found soon.
Schlumberger Ltd , the world's largest oilfield services company, posted a lower-than-expected third-quarter profit and said financial turmoil had cut oil demand, sending its shares lower in pre-market trading.
A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm's ex-CEO.
Wall Street stocks were set to open higher on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on corporate results.
General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.
The conglomerate will divide itself into a medical products firm (which will retain the “Abbott” name) and an as-yet-unnamed pharmaceutical research & development entity.
Stock index futures rose on Friday ahead of a European Union debt-crisis summit on the weekend that could go some way in removing one of the biggest overhangs for markets and allow investors to focus on earnings.
German firms are cautious as moves to solve the euro zone crisis enter a critical phase, Ifo economist Klaus Abberger told Reuters on Friday, adding that businesses were braced for a phase of weakness, but did not expect sudden, sharp decline.
Stock index futures edged higher on Friday ahead of a much anticipated European Union weekend summit on the region's debt crisis and as results from General Electric Co did little to undermine hopes for a robust earnings season.
A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm's ex-CEO.
Groupon Inc said it plans to raise as much as $540 million in an initial public offering, less than previously planned, as the largest daily deals company grapples with a weak equity market, executive departures and questions about its accounting and business model.
General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.
POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in quarterly profit that met market expectations.
POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in third-quarter profit that met market expectations.
Mongolia's Supreme Court has ordered the government to enforce a ban on mining in river and forest areas following an appeal submitted by activists who said the country's fragile environment was threatened by reckless mining.
Freeport-McMoRan Copper & Gold Inc. resumed pay talks on Friday with its Indonesian mine workers union in a bid to end a month-long strike as gunmen killed three people near the giant facility.
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Experts speculate that the country, with ithe biggest reserves in Africa, can return to normal production by the second quarter of next year.
