The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.
Tokyo's stock exchange warned scandal-hit Olympus Corp on Thursday it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, another blow to the Japanese camera-maker's chances of survival.
Former MF Global customers like Koch Industries, who pulled billions of dollars out of the stricken broker's accounts weeks or months before its collapse, have counted their blessings in recent days.
Online reviews site Yelp intends to go public in the first quarter of 2012, and has hired Goldman Sachs and Citigroup to lead the IPO. The social tech bubble is expanding...
Now that Groupon has finally gone public, raising $700 million through its Nov. 4 IPO, how about some others in the pipeline as well as the king of them all, Facebook?
Stocks tumbled 3 percent on Wednesday, erasing gains for the week so far, as a spike in Italian bond yields fanned worries about contagion in the European debt crisis.
First Majestic Silver Corp.'s third-quarter profit rose as higher silver prices lifted revenue 88 percent, offsetting a decline in silver produced, the Vancouver-based mining company said Wednesday.
Goldman Sachs Group Inc faces lawsuits over $15.8 billion worth of mortgage securities, the bank said in a regulatory filing on Wednesday, a more than 30-fold increase from the amount disclosed three months earlier.
AngloGold Ashanti , the world No. 3 gold miner, reported record-breaking quarterly earnings on Wednesday, beating forecasts as bullion's bull run filled its coffers.
General Growth Properties, the large mall operator that exited bankruptcy protection last year, reported core funds from operation (FFO), which measures its ability to generate cash, of $224.2 million, or 23 cents per share, up slightly from FFO of $223.2 million in 2010.
A new study predicts that global oil demand is likely to peak by 2020, with internal combustion engine efficiency and the increased use of alternate fuels contributing to the peak.
More than a thousand Rhode Island union members rallied outside the State House on Tuesday to protest pension reforms proposed by Gov. Lincoln Chafee and Treasurer Gina Raimondo.
London-based jeweler Graff Diamonds plans to raise about $1 billion in a Hong Kong listing next year, a move that could fund expansion in Asia and capitalize on booming gem prices.
Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the 92-year-old firm's share price plunged due to doubts about its future.
European stocks were lower at midday Wednesday as mounting concerns over Italy's debt kept investors on edge, following an early rally sparked by Silvio Berlusconi's pledge to step down as Italy's prime minister.
Even though they are first in line to be paid back under broker liquidation rules, customers of bankrupt MF Global Holdings Ltd's brokerage may not get all their money back.
The French economy will stagnate in the last quarter of the year, the Bank of France said on Wednesday, the latest sign it is losing momentum as fiscal austerity and Europe's debt crisis depress private sector activity.
HyperDynamics, IntraLinks, Weight Watchers, RPC and Cinemark Holdings, GenOn Energy, United Rentals, Lowe's Companies, Lennar Corp. and Standard Motor Products are among the companies that saw active trading in the extended trading session on the New York Stock Exchange.
Samsung Electronics plans to invest a record 38 trillion won ($33.9 billion) in facilities and R&D next year, a 27 percent jump from an estimated 30 trillion won this year, local media reported on Wednesday, citing Samsung and industry officials.
Losses on securities investments at the core of a scandal rocking Japan's Olympus Corp may have once exceeded $1 billion, the Nikkei newspaper said on Wednesday, as the firm's share price plunged due to doubts about its future.
China's annual inflation rate eased to 5.5 percent in October, a third straight month of decline from July's three-year peak and Premier Wen Jiabao said prices had fallen further since then.
