Aditya Kondalamahanty

Airbus announced last year it planned to dispose of assets with annual revenue of about $2.25 billion because of lower defense spending in Europe.

The move is the latest setback for India's generic drugs industry, which has run into quality problems with global regulatory bodies in recent years.

The disclosure bucks the trend of smaller bonus pools in other European banks such as Barclays, Deutsche Bank and Credit Suisse.

Moody’s and Fitch have said in recent weeks that they plan to stop issuing ratings in Russia rather than be subjected to Moscow's new regulations.

Crude oil prices touched a 2016 high and the dollar weakened further, providing a fillip to most Asian markets Friday.

The gender pay gap is a “significant social policy issue” that shareholders should be able to consider, the U.S. stock markets watchdog said.

The Bank of Japan could end up owning 40 percent of all Japanese government bonds by the end of 2016, according to analysts.

South Asia’s largest economy cut its rates earlier in the year; the most recent move follows a difficult year the resources-rich country.

Allegations made by Germany's OpenTV covered a broad range of Apple’s products and services, including its mobile devices, Apple TV, App Store and its personal computers.

Toshiba is selling the medical equipment unit for just under $6 billion to fund a company-wide overhaul.

The vote Thursday comes days after the government revised its 2016 growth forecast for the country’s economy down to 2 percent.

The smartphone maker was slapped with export restrictions over allegations of selling phone monitoring equipment to Iran.

Unicef verified nearly 1,500 violations against children in 2015, with nearly 60 percent caused by the use of explosive weapons in areas with civilians.

Monday’s ruling in Russia comes less than a month after the European Union revived a probe into the search giant’s ad practices.

Investors are awaiting several policy meetings by major central banks around the world this week — looking for insight into the overall state of the economy.

Morgan Stanley predicted that investors will flock to bonds as safe havens instead of volatile stock markets.

Following the completion of the deal, Citic would become China Overseas Land & Investment's second-largest shareholder.

U.K. Finance Minister George Osborne said he would propose more cuts to government spending at the annual budget announcement Wednesday.

On March 24, 2015, Germanwings Flight 9525 was deliberately crashed into the French Alps by its co-pilot, leading to the death of all 150 people on board.

Iran is negotiating with Germany’s Siemens and U.S. company General Electric over oil and gas equipment, Oil Minister Bijan Namdar Zanganeh said Sunday.

China’s new securities regulator Liu Shiyu struck a cautious tone in his first public comments and defended Beijing’s intervention aimed at propping up stocks.

Thousands of refugees have camped out in the Greek village of Idomeni as Macedonia, along with its Balkan neighbors, introduced strict border controls.

European Parliament President Martin Schulz says the Republican candidate could make “extremely dangerous decisions” if elected U.S. president.

The two allies staged an extensive war exercise simulating the storming of North Korea’s beach defenses while the latter threatened to “annihilate” its enemies.

The agreement comes amid a thaw in relations between the United States and Cuba, with U.S. President Barack Obama scheduled to visit Havana this month.

The former world No. 1 tennis star took to Facebook to slam "distorted and exaggerated" media reports.

The rating agency’s move comes soon after it lowered China’s credit rating outlook citing factors such as rising debt burden and falling foreign-exchange reserves.

Marissa Mayer made the comments even as activist shareholder Starboard Value pressured the company to appoint new directors.

Record high employment, strong local consumption and a weaker euro should continue to boost the economy, Germany’s economy ministry said.