Business news

Exxon Mobil Corp, Royal Dutch Shell Plc and Eni SpA dashed hopes for an imminent turnaround for the oil industry, saying sluggish economic recovery […]

A former client of UBS AG who cooperated in a U.S. probe of the Swiss bank’s ties with wealthy Americans hiding money overseas was […]

Anonymous trading venues known as “dark pools” are a technological evolution that have benefitted both institutional and retail trading by bringing down transaction costs, […]

The Japanese government plans to put a state-backed turnaround body in charge of the overhaul of Japan Airlines, the Nikkei business daily said, underlining […]

French consumer spending rose in September for the first time in three months as lower energy prices lifted disposable income and government incentives boosted […]

The current recession has been called a “mancession” because men have lost more jobs than women have, yet some experts contend women are suffering […]

Japan’s Finance Minister Hirohisa Fujii said the budget deficit for the year ending March may be “quite large” as tax revenue declines, an indication […]

The U.K. economy will grow twice as fast as previously expected next year as the country pulls out of the worst recession in a […]

Bank of America Corp Chief Executive Kenneth Lewis will receive no pay or benefits for his last year of work at the company.
Lewis, CEO […]

Within weeks of taking office, U.S. President Barack Obama rode to the rescue of homeowners resigned to financial ruin.
Obama, grappling with the worst U.S. […]