Mon, 24 Oct 2016 10:05:13 GMTItaly's Monte dei Paschi di Siena prepared to unveil a capital-boosting and business plan on Monday under new chief Marco Morelli, as its shares extended a week-long rally buoyed by the prospect of an alternative rescue scheme.
Mon, 24 Oct 2016 09:50:27 GMTAustralia's second-largest casino company, Star Entertainment Group Ltd , said its CEO canceled a trip to Hong Kong and Macau last week after employees of peer Crown Resorts Ltd were held in China for suspected "gambling crimes".
Mon, 24 Oct 2016 09:50:39 GMTMr Abdul Rahman Dahlan said he will instruct the Economic Planning Unit and those in charge of Public Private Partnership to vet backgrounds of companies applying for government contracts and blacklist those that support the rallies.
Mon, 24 Oct 2016 08:40:31 GMTFor decades, Britain's bankers have relied on their industry's outsized status in the economy to find a receptive ear in government.
Mon, 24 Oct 2016 05:40:17 GMTThe U.S. government and the country's largest life insurer are set for a rematch in a U.S. appeals court on Monday over how federal regulators decide a company is "too big to fail," one of the most significant reforms to come out of the financial crisis.
Mon, 24 Oct 2016 05:30:14 GMTIn search of higher profits margins, Boeing Co is aiming to win more of the lucrative market for replacement parts and repair services, pitting the plane maker against major suppliers who view that growing US$62 billion a year market as their turf.
Mon, 24 Oct 2016 05:25:13 GMTJust as memories of the financial crisis are fading and tough new banking regulations are beginning to bite, some current and former regulators wonder whether one of the rules is too much of a burden for markets and taxpayers.
Mon, 24 Oct 2016 05:10:38 GMTConsumer price index (CPI) fell 0.2 per cent last month, compared to 0.3 per cent the month before, which mainly reflected the smaller decline in private road transport costs and, to a lesser extent, higher food inflation.
Mon, 24 Oct 2016 02:50:47 GMTThe two companies were selected as they offered reliable, flexible and competitively priced liquefied natural gas supplies, says Trade and Industry Minister (Industry) S Iswaran.
Mon, 24 Oct 2016 02:50:38 GMTChangi Airport saw 4.58 million passengers pass through its gates last month, which is a 3.7 per cent increase from the previous year.
Mon, 24 Oct 2016 05:20:17 GMTChina Oceanwide Holdings Group Co has agreed to buy U.S. insurer Genworth Financial Inc for US$2.7 billion in cash, the latest in a series of moves by Chinese firms to buy overseas assets as their domestic economy slows and the yuan weakens.
Mon, 24 Oct 2016 01:45:13 GMTCompanies can reduce the risk from the type of cyber attack that took out major websites on Friday by using multiple vendors for the critical internet service known as a domain name service, or DNS, companies and security experts said on Sunday.
Mon, 24 Oct 2016 09:40:31 GMTStock markets rose on Monday, led in Europe by a surge for Spain's IBEX index on signs of an end to 10 months of political deadlock that has paralyzed government in one of the countries worst-hit by the euro zone's debt crisis.
Mon, 24 Oct 2016 00:15:12 GMTFederico Pena, a member of Wells Fargo’s board of directors and chairman of its corporate responsibility committee, has resigned from an advisory position with Vestar Capital Partners, a private equity firm.
Mon, 24 Oct 2016 00:10:18 GMTProspects that the presidential election will inject a hefty dose of volatility into U.S. stock markets are fading fast as Republican Donald Trump's victory odds lengthen.
Mon, 24 Oct 2016 10:20:25 GMTTD Ameritrade Holding Corp said on Monday it would buy privately held Scottrade Financial Services Inc in a cash-and-stock deal valued at US$4 billion.
Sun, 23 Oct 2016 22:20:15 GMTWhen Time Warner Inc's Jeff Bewkes welcomed AT&T Inc's Randall Stephenson for lunch at Time Warner Center in New York in late August, their meeting was supposed to be one of the catch-ups the two chief executives have had over the years.
Sun, 23 Oct 2016 17:41:13 GMTSwiss customs authorities have slapped a billionaire with a US$4 million fine for failing to properly declare some 200 artworks imported into Switzerland, according to media reports confirmed by officials on Sunday.
Sun, 23 Oct 2016 22:25:19 GMTAfter two years of looking to expand, aircraft component maker Rockwell Collins Inc has struck a deal to buy aircraft interior maker B/E Aerospace Inc for US$62 a share in cash and stock, the companies said on Sunday.
Sun, 23 Oct 2016 16:00:00 GMTInternational banks based in Britain are readying to relocate some operations outside of the country in 2017, fearing post-Brexit uncertainty, the director of a powerful banking lobby said on Sunday.
Mon, 24 Oct 2016 00:10:11 GMTAT&T Inc's proposed US$85 billion takeover of Time Warner Inc generated skepticism among both Democrats and Republicans on Sunday, making it more likely that regulators will closely scrutinize the effort to create a new telecommunications and media giant.
Sun, 23 Oct 2016 15:30:00 GMTSaudi Oil Minister Khalid al-Falih said Sunday that the current down cycle of crude prices is close to an end as market fundamentals improve.
Sun, 23 Oct 2016 15:00:35 GMTAn acquisition of Time Warner Inc by AT&T Inc. could raise significant antitrust issues that the U.S. Senate committee on antitrust would carefully examine, the chairman and ranking member of the committee said Sunday.
Sun, 23 Oct 2016 14:50:13 GMTGeneral Motors Co plans to launch a new SUV production line at its joint venture factory in the Chinese central city of Wuhan during the first half of 2017, the official Xinhua News Agency reported on Sunday, citing company sources.
Sun, 23 Oct 2016 12:55:17 GMTStorage rooms crammed with loan documents have emerged as a hidden front line in Italy's battle to save its banks from the threat of financial crisis.
Sun, 23 Oct 2016 21:40:13 GMTThe tie-up of AT&T Inc and Time Warner Inc , bringing together one of the country's largest wireless and pay TV providers and cable networks like HBO, CNN and TBS, could kick off a new round of industry consolidation amid massive changes in how people watch TV.
Sun, 23 Oct 2016 08:20:17 GMTWhen people take to Twitter to comment on the great evening they enjoyed with good food and wonderful friends, reducing their monthly insurance bill is probably the last thing on their mind.
Sun, 23 Oct 2016 06:26:49 GMTSloshed back at rowdy open-air establishments day and night, beer is Vietnam's tipple of choice and now its cash-strapped government is drawing on the nation's penchant for lager to raise billions of dollars by selling stakes in state-owned brewers.
Sun, 23 Oct 2016 05:19:28 GMTThe collapse of free trade talks between Canada and the European Union is yet another sign of increasingly stiff resistance to economic globalization.
Sun, 23 Oct 2016 04:48:23 GMTApple is battling to gain a foothold in Indonesia after nationalistic regulations hit the US tech giant's efforts to compete in the booming emerging market against Samsung and other rivals.