The International Monetary Fund is inserting itself more forcefully into Europe's efforts to resolve its debt crisis, hoping to stem a contagion that is spreading worldwide and threatening global growth.
When Ray Lane took over as chairman of Hewlett-Packard Co a year ago, he was looking forward to working with longtime associate Leo Apotheker, who had just been appointed CEO to repair the damage done by the messy departure of Mark Hurd.
H.J. Heinz Co. saw its fiscal second-quarter net income dip 5.7 percent, as organic sales growth in emerging markets could not offset continually weakening sales in North America.
On Friday, Indonesian budget airline Lion Air placed a $21.7 billion order with Boeing, the airplane giant's biggest commercial order on record.
Canada is looking to diversify the market for oil sands crude by courting buyers in Asia, and is not trying to punish the United States for delaying TransCanada Corp's Keystone XL pipeline to Texas, the country's natural resources minister said on Friday.
The United Arab Emirates, the world's fourth-largest oil exporter and home to gold trading hub Dubai, is rapidly becoming a force in trade of another highly valuable commodity: diamonds.
With a new theme area that makes guests feel as if they're being shrunk to the size of a toy, Hong Kong Disneyland hopes to boost the number of visitors to a magic kingdom the performance of which to date has been less than dazzling.
U.S. President Barack Obama announced on Friday that he will send Secretary of State Hillary Clinton to Myanmar, a nation that was plagued by one of the longest running civil wars and a repressive military regime, until recently.
Chinese Spacecraft Lands Safely; Trials for its Own Space Station Successful [VIDEO]
Japan's big manufacturers led by Panasonic Corp and Nissan Motor Co Ltd are speeding up their shift overseas, in a sign corporate Japan sees the strong yen as a long-term handicap rather than a temporary blip.
United States Defense Secretary Leon Panetta appeared to call China and India threats on Thursday, in comments that the Pentagon quickly sought to correct.
Charles Dickens will be feted around the world next year in literature, film, theater, music and art, underlining his international cultural impact 200 years after his birth.
Prudent interventions by major central banks averted a global financial calamity during the financial crisis’ acute stage three years ago. Another intervention to address Europe may be needed, and should be implemented, if central bank officials deem it necessary.
Marvell Technology Group gave a cautious revenue forecast as widespread flooding in Thailand hurts demand for its hard-drive controllers, but upbeat news about expansion in China gave the chipmaker's stock a bump.
Anglo-Dutch publishing and events group Reed Elsevier Plc/NV posted a 1 percent rise in underlying sales for the first nine months of the year and said macroeconomic uncertainty had had only a marginal effect on its results.
Google, Facebook, Mozilla, Yahoo, Twitter, eBay, AOL, LinkedIn and Zynga wrote a joint letter to Congress, urging the House of Representatives to prevent the Stop Online Piracy Act from becoming law.
In what appears to be a rapidly developing trend, Chinese visitors to the United States are being noticed more for the flash of their newly-bought designer bags than that of their Nikons. Tiffany & Co. (NYSE:TIF), Coach, Inc. (NYSE:COH) and Ralph Lauren (NYSE:RL) are just a few of the companies in the luxury retail sector that have recently noted how higher revenue at their North American operations has largely been boosted by Chinese shoppers on vacation.
The White House issued a statement on Thursday after Benetton's 'Unhate' ad campaign featured a digitally altered picture of Obama kissing two of his perceived enemies.
An advertising campaign that depicts President Barack Obama kissing two male world leaders on the mouth drew a critical response from the White House on Thursday.
Into a traditional northern New England town under pressure from chain stores and cell phone towers, its old family farms struggling, comes Hattie Kong, half-Chinese and newly widowed.
Forget changing interest rates. China’s main weapon of choice to influence liquidity is changing its reserve requirement ratios. This tool dictates the percentage of commercial bank deposits that must be kept in the central bank.
China’s millionaires want out. And if Congress is smart, it will lure them to the United States, along with others who aren’t quite so rich.