Business news

Britain is most at risk among the big economies to lose its top-notch credit rating, while Japan faces a review of its rating if […]

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 […]

U.S. auto sales tumbled by 23 percent in September as showrooms emptied after the government-funded boom from the “cash for clunkers” program, with General […]

U.S. labor markets could take years to recover from the setbacks of the current recession, which have pushed the unemployment rate to a 26-year […]

Arch Coal Inc. began offering 17 million shares of common stock and $500 million in senior unsecured notes due in 2016 to finance the […]

Belgium-based investor RHJ International is offering 275 million euros ($388 million) for a majority stake in General Motors’ Opel business in a last-ditch bid […]

U.S. officials are considering giving CIT Group Inc a temporary loan as part of an aid package to help the lender avoid collapse, a […]

Former Republican Congressman Michael Huffington has filed a lawsuit against Carlyle Group alleging the private-equity firm misrepresented the safety of Carlyle Capital Corp, the […]

Brazil’s central bank said room for further interest rate cuts has diminished, cementing expectations policy makers will pause after reducing borrowing costs for a […]