Feb 23, 2018 1:19
Data-sharing business Dropbox Inc on Friday filed for an initial public offering of up to $500 million with the U.S. Securities and Exchange Commission.
Feb 23, 2018 0:49
Royal Bank of Scotland reports its first full-year profit in a decade, but celebrations are overshadowed by the threat of a major fine from the U.S. Department of Justice.
Feb 23, 2018 2:11
The Chinese government on Friday seized control of Anbang Insurance Group and said its chairman had been prosecuted, a dramatic move that highlights Beijing’s willingness to curtail big-spending conglomerates as it cracks down on financial risk.
Feb 22, 2018 1:03
French supermarket chain Intermarche could be fined after competition investigators found it breached rules with its hefty discounts on products such as the Nutella chocolate spread offer that caused pandemonium in some stores last month.
Feb 21, 2018 1:35
Monsanto is among the seed companies scrambling to save canola plants - Canada's most profitable crop - from falling victim to a long-lasting disease called clubroot.
Feb 21, 2018 1:33
General Motors has proposed a $2.8 billion investment over the course of ten years to save its branches in South Korea, according to government officials. This comes after the announcement that one of its four branches in the country was closing down a week before.
Feb 21, 2018 2:05
South Korea's president called them the 'Peace Olympics' for the symbolism on display between the two Koreas at the Pyeongchang Winter Olympics. But Reuters' Liana Baker says sponsors are concerned picking up that message puts them too close to a hot-button issue.
Feb 20, 2018 1:26
Guess Inc (GES.N) said on Tuesday its co-founder Paul Marciano will give up his day-to-day responsibilities at the company on an unpaid basis pending the completion of a probe into accusations of improper conduct.
Feb 20, 2018 1:08
HSBC posted pre-tax profits of $17.2bn on Tuesday, a 142 per cent jump helped by an absence of the restructuring costs that marred it results a year earlier - but still lower than expectations, partly due to a U.S. tax overhaul.
Feb 19, 2018 1:06
Bitcoin has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful way to buy things, Bank of England Governor Mark Carney declared on Monday.
Feb 16, 2018 1:24
A record number of large-scale pig farms are expected to be built in China this year as it shifts a big chunk of its pork production from backyard pig pens to automated, intensive hog barns.
Feb 16, 2018 2:01
South Korea is a linchpin to General Motors' international efforts. Now, sources in that country say that the surprise closure of a GM factory and uncertain future for its other operations came as a shock to the Seoul government, who was in negotiations to keep the company afloat.