Volkswagen Scandal: Company Looks To Raise Funds To Cushion Financial Blow, Says Report
The embattled automaker looks to minimize the long-term effects of its carbon-emissions scandal.
Global Oil Glut Could Push Down Crude Prices Further: Report
Global stockpiling of oil hit a 10-year peak with crude prices firmly below the $50 per barrel level this year, according to a report by the International Energy Agency.
Eurozone, Germany GDP Growth Slows In Third Quarter
GDP growth in the third quarter in the 19-nation eurozone came in below expectations while Europe's largest economy also slowed over the previous quarter.
Mylan Could Lose Perrigo As Deadline Nears In $26B Takeover Deal: Reports
Around 40 percent of Perrigo's ordinary shares had been tendered late Thursday with 10 hours left to deadline.
Syngenta Rejects $42B Takeover Bid By ChemChina: Report
The Swiss pesticide maker turned down an offer by the state-backed Chinese agricultural company as more Chinese investors go shopping for top-tier European companies.
Supermarket Upstart Lidl Kicks Off $2.3B Expansion In UK
The German upstart's aggressive tactics to corner market share has triggered a price war in U.K.'s highly competitive supermarket sector
Rolls Royce Issues Fourth Profit Warning In A Year; Shares Tank Over 20%
The jet-engine maker is struggling to revamp its operations under a new management amid falling demand for its engines.
China Slowdown: Beijing Steps Up Government Spending, Tax Breaks To Revive Growth
Auto sales in China rebounded after a September tax break -- one of the many easing measures taken by Beijing to check the economic downturn.
Greek Debt Crisis: Workers Strike Against ‘Unfair’ Bailout Terms As Lender Pressure Mounts
Police fired tear gas at protesters throwing gasoline bombs Thursday during a nationwide strike following the acceptance of a third bailout.
UK Unemployment Hits 7-Year Low; Wage Growth Lower Than Expected
As employment in the U.K. expands to a record high, the Bank of England is mulling its first rate hike since 2007.
Carlsberg To Cut 2,000 Jobs, Curtail Expenses After Q3 Loss
As the beer industry faces a major upheaval, the Danish beer maker is attempting to reverse its losses through cost cuts.
China Retail Sales Up 11% In Highest Rise This Year
The latest data from China highlights a widening gap in its economy as retail and services sectors shine while exports and heavy industries stagnate.
Snapchat Valuation Marked Down 25% By Fidelity Investments
Investor skepticism over lofty valuations enjoyed by billion-dollar, privately-held Silicon Valley startups like Snapchat, Uber and Dropbox is rising.
China Slowdown: Business Confidence Hits A New Low, Says Markit Survey
The Markit China Business Outlook survey shows business sentiment is waning as the country copes with an economic slowdown.
Dubai Airshow: India's Jet Airways Orders 75 Boeing 737 Planes
This year's edition of the biennial Dubai Airshow has been muted compared to the previous one, which generated business of up to $200 billion.
UK's EU Referendum: David Cameron Expected To Offset Local Pressure With Demands Letter To European Union
The British prime minister is set to formalize the country's demands and secure reforms in order to convince voters to stay in the European Union.
Goldman Sachs Pulls The Plug On BRIC Fund As Emerging Economies Struggle To Attract Investors
The move signals the end of an era that saw investors flock to Brazil, Russia, India and China, which were expected to shape a new economic world order.
Metrojet Plane Crash: Bomb Theory Gathers Support As Russia Starts Bringing Back Stranded Passengers
Egyptian authorities have been wary of calling the Russian plane crash in Sinai the result of a terrorist attack, even as governments look to overhaul airport security.
US Greenlights $28M Study Into Maglev Train System Between New York And Washington
The Federal Railroad Administration approved a $28 million study of one leg of a much-discussed high-speed magnetic-levitation line between Washington and New York.
China Imports Fall On Sluggish Raw Material Purchases, Exports Dip On Falling Global Demand
The data released Sunday show the country's foreign trade dropped 9 percent in October, marking its eighth consecutive monthly decline.
Apple Bag Search Lawsuit Dismissed; Bags At Work Optional, Says California Judge
The U.S. Supreme Court last year threw out a similar suit filed by Amazon.com warehouse workers who demanded compensation for being searched at the end of their shifts.
Germany Tests Foreign Diesel Vehicles As Volkswagen Scandal Deepens, Signals Stricter Laws
German regulators stepped up their scrutiny after Volkswagen admitted to false carbon-dioxide emission data concerning about 800,000 cars sold in Europe.
Activision Blizzard Launches Studio Division In Bid To Deploy Intellectual Property Warchest
The video game maker has moved aggressively to branch out and maximize the value of its popular game titles through acquisitions and new offerings for gamers.
China Posts Increase in Foreign Currency Reserves As Markets Rebound
The biggest foreign-exchange stockpile in the world had dwindled previously in 2015 with China's central bank selling dollar assets in an attempt to stabilize the financial system.
Atlassian IPO: Australia's Billion-Dollar Startup Could Go Public As Soon As Next Week, Report Says
The Sydney-based company, valued at $3.3 billion, has earned a reputation for funding its growth with its profitability -- a novel approach in the fast-growing tech industry.
Maersk Announces Layoffs As Shipping Industry Remains In Doldrums
As prices and demand continue to fall, the world's largest freight carrier looks to cut costs and remain profitable.
China Shares Surge As Central Bank Publishes Outdated Comments On Shenzhen-Hong Kong Trade Link
Shares surged after the People's Bank of China published comments which hinted at a 2015 launch for the Shenzhen-Hong Kong stock connect program.
Thailand Farmer Subsidies: Thai Junta Announces Subsidies To Avert Protests
The Thai government has reversed its position against farmer subsidies as the country's rural economy sputters from falling commodity prices and exports.
Michael Coscia Spoofing Case: Jury Finds High-Speed Trader Guilty In Flash Verdict
A Chicago jury deliberated for less than an hour before finding Michael Coscia, who was the first to be tried under the anti-spoofing law in the U.S., guilty.
Asian And European Stocks Mixed; US Stock Futures Down
European and Asian stock markets were mixed while U.S. stock futures traded down pointing to a weak opening after a strong performance Monday.