Aditya Kondalamahanty

Standard Chartered is set for a massive shake-up as new CEO Bill Winters takes hard measures to revive the lender's fortunes.

The insurer is scrambling to shore up shareholder sentiment after billionaire investor Carl Icahn accused the management of lagging behind its peers.

Asian markets plummeted as slowing manufacturing data across the region raised fresh concerns about the pace of global economic recovery.

As China's economy stumbles, the outlook for growth in other economies in the region is not very bright, according to a new report.

China has intensified its investigations into hedge funds and traders who benefited during the multi-month stock market crash earlier this year.

The exit of its economy minister may breathe fresh life into Israel's Leviathan gas field, which has been mired in a regulatory stand-off.

The fashion chain, known for its provocative ads, has filed for bankruptcy and is seeking to extricate itself from mounting economic and legal troubles.

Infant-formula companies worldwide received a boost to their stock price last week while condom makers took a hit.

The cyberattack on Vodafone is the second such breach at a U.K. mobile carrier in just over a week, after TalkTalk reported an incident on Oct. 21.

Stock markets around the world rallied in October as central banks sought to calm investors worried about a slowdown in China and other markets.

Brushing aside China's slowdown, Asian stocks reported their strongest monthly performance in years in October.

The company, also known as "China's Google," announced a second share buyback this year as U.S.-listed Chinese stocks aggressively buy back shares in hope of fairer valuations and "go private" proposals.

Businesses and users held off on purchases as the online payments service suffered an outage spanning a few hours, according to reports.

European markets fall amid a slew of weak earnings while Asian markets stayed mixed following hints of a possible increase in interest rates by the U.S. Fed in December.

The German lender, which reported a $6.5 billion third-quarter loss Thursday, also approved sweeping austerity measures, including slashing 35,000 jobs.

The tech major announced strong third-quarter results, helped by healthy sales of its Galaxy line of tablets, but lowered its profit forecast for the next quarter.

On Tuesday, Asian stocks were largely down with the exception of Japan as investors await results of the U.S. central bank meeting.

Sacramento's labor and business groups are divided over the minimum wage hike plan approved by city officials late Tuesday.

CEO Matthias Mueller will look to quell investor fears after the scandal-hit automaker announced a $3.85 billion loss in the third quarter.

China's consumer sentiment plunged in October as households curbed spending, worried by recent discouraging economic data, according to a new survey.

Australia, the world's largest coal exporter, said it will not stop development of coal mines despite a call by prominent citizens to curb the country's role in global warming.

While earnings dipped on low oil prices, the British oil producer managed better-than-expected results on the back of stringent budget cuts and asset sales.

Activist investor Daniel Loeb has bought stake in Japan's second-largest grocery chain, his fifth investment in the country in the past two years, according to reports Tuesday.

The support of the Southeast Asian country comes as a welcome break for the U.S.-backed deal, which would influence about 40 percent of the world economy.

Bernie Sanders issues his sharpest criticisms yet of Hillary Clinton's positions on key issues such as the Trans-Pacific Partnership, same-sex marriage and the Iraq war.

"I apologize for the fact that the intelligence we received was wrong," former British Prime Minister Tony Blair says, referring to the U.S.-led invasion of Iraq in 2003.

USAA, one of the largest issuers of credit and debit cards in the U.S., has ended a roughly 30-year relationship with MasterCard.

Users accused the social networking site of secretly tracking their browsing activities even after they logged off.

Investor interest in Uber appears to be continuing on its growth trajectory as the company reportedly is set for another fundraising round.