IMF Cuts Russia GDP Growth Forecast By Two-Thirds On Geopolitical Uncertainty
The Fund underscored that geopolitical maneuvers have consequences and would substantially harm Russia's economy.
Lufthansa Agrees To Fresh Labor Talks With Pilots
Last week, Lufthansa's pilots, which are represented by a union, went on strike for three days to highlight their demands.
WalMart (WMT) Plans To Open 50 Wholesale Stores In India Over Four-Five Years
The retailer plans to open a substantial number of wholesale outlets and e-commerce operations this summer.
US Jury Orders Takeda To Pay $6 Billion Over Actos Claims
Last May, a U.S. judge had nullified a separate jury verdict for $6.5 million against Takeda for lack of reliable evidence.
Ford Recalls 2001-2004 Escapes Over Rusting Problem
Rusting may cause parts to separate and impair steering control.
13 Banks To Fight EU Derivatives Charges
The hearing before competition and legal officials and their counterparts could determine whether the banks face hefty fines.
India Election: World's Biggest Election Starts
Roughly 815 million people have registered to vote in an election that spans five weeks.
NATO Limits Russian Diplomats' Access
The latest action is a broadening of its decision to suspend cooperation with Moscow over Russia's annexation of Ukraine's Crimea region.
'I'm Scared To Sleep', Tearful Pistorius Tells Court
Oscar Pistorius took the stand on Monday in an emotional testimony.
Credit Suisse Faces Threat Of New US Tax Probe
Switzerland's second-largest lender had raised expectations that it was getting past the long-running American tax controversy.
Hungary To Maintain Bank Tax
Further, when asked about its currency's exchange rate, Prime Minister Orban declined to comment, saying it was a matter for the central bank.
Libyan Rebels, Government Agree To Gradually Reopen Occupied Oil Ports
Two eastern ports are reopening, and further talks are planned to reopen other larger ports.
Vivendi Accepts Numericable Bid For SFR Unit
Board had unanimously voted to retain Numericable's offer.
GM Ignition Switch Case Could Lead To Criminal Charge: McCaskill
U.S. Senator Claire McCaskill led a blistering round of questioning of GM CEO Mary Barra last week.
Democratic House Leader Pelosi Says Cheney Set Tone For CIA Interrogation Practices Following Sept. 11 Attacks
"I do believe that during the Bush-Cheney administration, that Vice President Cheney set a tone and an attitude for the CIA."
Hungary Re-Elects Maverick PM Viktor Orban; Far-Right Party Accused Of Anti-Semitism Gains
Prime Minister Viktor Orban has clashed repeatedly with the EU and foreign investors over his unorthodox policies.
U.S., In Nod To Tokyo, To Send More Ships To Japan, Prods China
A series of missile launches from North Korea fuels tensions in the Far East.
Relief In Afghanistan After Largely Peaceful Landmark Election
It will take six weeks for results to be declared in the race to succeed President Hamid Karzai.
Murray Doubles Up To Put Britain On Brink Of Davis Cup Semis
Britain gained an edge on Italy with Saturday wins in Naples.
Afghans Vote In Landmark Poll, Undeterred By Threats
With only isolated attacks on polling stations, voting was largely peaceful in Afghanistan's presidential election on Saturday.
Unemployment Rate Remains Unchanged
Nonfarm payrolls increased by 192,000 new jobs last month after gaining 197,000 jobs in February, the Labor Department said on Friday.
Anadarko Petroleum Agrees To Pay Over $5 Billion To Clean Up Areas Across US
The agreement resolves a lawsuit against the Kerr-McGee energy and chemical company, which Anadarko bought in 2006.
Bank of America Near Credit Card Deal With Regulator
Bank of America could pay more than $800 million to settle the allegations against it.
US States Probing Security Breach At Experian Unit
An Experian subsidiary that exposed the social security numbers of about 200 million people is being investigated.
Expired Long-Term Unemployment Benefits, Food Stamps Cuts Hurt Q1 GDP
Also, the U.S. trade deficit widened in February as exports hit a five-month low, suggesting first-quarter growth could be weaker than expected.
Stein To Step Down From Depleted Fed Board On May 28
Central bank governor played a leading role in elevating the topic of financial stability.
JPMorgan To Process Payment For Russian Embassy, Easing Tension
Move aims to ease tension after Moscow accused the bank of illegally blocking the transaction.
Russia Could Achieve Ukraine Incursion In 3-5 days: NATO General
Russia's continued troop movements on Ukraine border worry NATO commander
GM Avoided Redesign Of Defective Switch In 2005 To Save A Dollar Each
Colorado Congresswoman Diana DeGette cited a 2005 GM document, which she said showed a cost of 57 cents to fix each defective switch.
Woods To Miss Masters After Back Surgery
The American golf legend has a pinched nerve that has troubled him for months.