Federal Reserve Chair Janet Yellen said Tuesday that banking reforms now in place have made the financial system safer, and the world should be able to avoid the type of devastating crisis that struck the global economy in 2008.
Beyond a headline-grabbing $2.7 billion fine EU antitrust regulators have levelled against Google, the internet giant is likely to be shackled for years by Tuesday's precedent-setting decision defining the company as a monopoly.
After a seven-year legal battle, European authorities came down hard on Google on Tuesday for taking advantage of its dominance in online searches to direct customers to its own businesses, fining the tech giant a record 2.42 billion euros ($2.72 billion) and raising the prospect of more.
The EU slapped Google with a record 2.4-billion-euro anti-trust fine on Tuesday, dealing a fresh blow to a US tech giant and risking the anger of President Donald Trump
Aeroflot PJSC is targeting a deal for 28 Airbus SE A350 jets by the end of this year, double an initial outline agreement, as Russia’s biggest airline pushes...
Investor bets against the oil price are piling up at breakneck speed, the market is still buckling under the weight of excess supply for a third year in a...
The Bank of England plans to increase capital requirements for U.K. lenders by 11.4 billion pounds ($14.5 billion) to tackle risks posed by the recent rapid...
European Central Bank head Mario Draghi signaled the bank could trim back its stimulus efforts if the economy keeps strengthening, but said that any such move...
The World Bank announced $150 million in grants and soft loans to support the country’s health care system Monday.
It goes without saying that the industrial sector in Lebanon remains in a challenging situation. According to 2015’s national accounts, the industrial...
A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector and Doha’s hotels, which would normally be...
Net foreign assets at Saudi Arabia’s central bank, a measure of its ability to support its currency, look set to fall sharply this year as oil prices slump...
The European Union slapped a record 2.42 billion euro ($2.72 billion) fine on internet giant Google Tuesday for taking advantage of its dominance in online...
Ericsson has ditched its goal of winning more clients beyond the telecoms industry to refocus on selling networks to mobile phone companies in a move to cut...
Cyprus signed a deal Monday for the construction of what officials say will be Europe's biggest casino.
Utilities led U.S. stocks mostly higher in midday trading Monday as falling bond yields made high-dividend companies more attractive to income-seeking...
BMW plans to invest an additional $600 million in its South Carolina plant and create 1,000 more jobs over the next four years.
The EU's powerful anti-trust regulator will slap Google with a record fine as early as Tuesday in another European blow against a US tech giant, sources said.
Western technology companies, including Cisco, IBM and SAP, are acceding to demands by Moscow for access to closely guarded product security secrets, at a...
Evidence built Friday that the sturdy improvement in euro zone economic growth touted by the European Central Bank is in place – albeit with some wobbles.
BlackBerry Ltd. reported first-quarter sales that missed analysts’ forecasts due to an unexpected drop in its high-margin software and professional services...
For years the options market that companies and investors use to hedge against big swings in currencies viewed the euro as a bigger political and structural...
All of the 34 largest U.S. banks are fortified enough to withstand a severe U.S. and global recession and keep lending, the Federal Reserve said Thursday.
French President Emmanuel Macron and German Chancellor Angela Merkel both voiced support on Friday for a more robust European approach to trade, saying the...
A network of dummy online stores offering household goods has been used as a front for internet gambling payments, a Reuters examination has found.
Global stocks sank Wednesday as the energy sector took a beating from an oil-price slump.
As the world witnesses spectacular growth in oil and gas production from the U.S. shale deposits, the boss of French energy giant Total paradoxically says...
Energy giants including ExxonMobil and Royal Dutch Shell risk wasting more than a third of their budgets on projects that will not be needed if climate...
Uber said Wednesday its embattled chief executive Travis Kalanick has agreed to step down from his job.
Stocks sensitive to the price of oil fell Tuesday, putting pressure on European shares, with the pan-European benchmark ending lower after a strong start.
Boeing won an endorsement from United Airlines for the latest model of its best-selling 737 jet as it struck an upbeat tone Tuesday, raising its 20-year...
While many politicians, including President Donald Trump, say the United States desperately needs more manufacturing jobs, this small industrial city has more...
German Chancellor Angela Merkel said Tuesday she was prepared to consider new French President Emmanuel Macron's proposals for a shake-up of the eurozone.