Masters of the Eurozone are considering tweaks to Greek debt restructuring in terms of its private-sector involvement among several options to further cut Greek debt toward the target of 120 percent of gross domestic product in 2020, officials said.
The parent of Fidelity Investments, FMR LLC, plans to raise $250 million through a debt offering, according to U.S. regulatory filings.
Prompted by a delay in a big trade of a popular exchange-traded fund, the U.S. Securities and Exchange Commission is taking a closer look at a possible connection between high-frequency traders and hedge funds jumping in and out of ETFs, among other areas, according to a person familiar with the matter.
While Indian authorities have launched an investigation into Monday's New Delhi car bombing, and its suspected masterminds, Prime Minister Manmohan Singh's government has continued to embrace trading with the country that is widely suspected of the attacks -- Iran.
The major U.S. indices floated close to yearly highs Friday, but extremely low volumes of trading, divergences in the behavior of important sub-indices and various other technical indicators suggested U.S. equities might be in for a price-slashing correction soon.
China’s Vice President Xi Jinping, on the last day of a much-ballyhooed five-day trip through the United States, said the Chinese economy will avoid a “hard landing” this year and maintain stable growth.
United Parcel Service Inc. is in talks with TNT Express after its Dutch rival rejected a 4.9 billion-euro ($6.45 billion) cash bid, the companies said on Friday.
Chinese Vice President Xi Jinping said on Friday the Chinese economy would experience stable growth and avoid a hard landing this year, dispelling a scenario economists fear may upset the global economy.
Dutch delivery firm TNT Express said on Friday its board of directors has rejected an unsolicited takeover offer from U.S-based peer UPS worth an estimated 4.9 billion euros, but it said discussions are continuing.
The convoluted path of Air Australia, which is less than four months old and operated on a leased fleet of five aircraft, is being framed as a case study in which corporate hubris and a hands-off approach from corporate regulators combined to deliver a spectacular demise.
France and England signed a new nuclear-energy pact on Friday that will lead to the construction of more nuclear power plants in the United Kingdom, with more than 500 million pounds sterling ($791 million) of private-sector investment.
German carmaker Porsche's new sports car in the SUV segment will be called Macan. The name is derived from the Indonesian name for tiger.
Ally Financial is weighing a sale of all or part of its auto lending and banking businesses, as an initial public offering looks increasingly remote and the U.S. government seeks to recoup some $17 billion in bailout money, sources familiar with the situation said.
Exchange operator Nasdaq OMX is trying to gain support for a legislative proposal that would give it a competitive edge over both rival exchanges and banks that operate anonymous trading venues known as "dark pools."
Spider-Man: Turn Off the Dark producers have settled a dispute with the Broadway show's former director Julie Taymor
Billionaire financier Ron Perelman and his longtime former business partner and one-time best friend Donald Drapkin have kissed and made up, at least in the legal sense, weeks after going to trial.
Ekaterina Rybolovleva, 22, now owns the most expensive apartment ever sold in New York City, after her billion father, Russian fertiliser magnate Dmitry Rybolovlev on Wednesday, closed the $88 million-deal for the Central Park West pad. He is said to be the 93rd richest man.
Generation Investment Management, the investment firm run by Al Gore and David Blood, released a white paper encouraging financial companies to adopt sustainable capitalism guidelines.
Former U.S. vice president Al Gore wants to end quarterly reporting by companies and explore issuing loyalty-driven securities as part of an overhaul of capitalism that he says has turned many of the world's largest economies into hotbeds for irresponsible short-term investment.
Worldwide sales of gold last year soared 29 percent to a record high as two groups of investors, each with mutually exclusive views of economic and financial threats, flocked to the yellow metal and related assets.
The U.S. economy is growing modestly at best, yields on bonds are low and the economic outlook outside the U.S. is uncertain. For the year 2012 and beyond, one fitting investment idea could be real estate investment trusts (REITs), according to PNC Investment and Wealth Management.
The United States, in a review of future satellite needs, is examining opportunities to increase international collaboration and orders from commercial providers, a senior U.S. Air Force official said on Wednesday.