A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip company Olympus Corp , according to documents provided by the company's ex-CEO.
Ashton Kutcher still hasn't directly addressed tabloid reports that he cheated on wife Demi Moore -- but he's certainly perfecting his ability to tease the public via social media.
News Corp shareholders reelected the media conglomerate's board of directors on Friday and failed to approve a proposal to oust Rupert Murdoch from his chairman post.
Using contentious barbs and comedic relief, Rupert Murdoch deflected attempts by angry investors to remove him as chairman of his News Corp empire at the company's annual meeting on Friday.
Prospects for corporate earnings are appearing comparatively dimmer in the coming quarters -- even though reports so far this quarter have been looking relatively bright.
Kenya's shilling gained slightly against the dollar on Friday as commercial banks and the central bank sold dollars, while stocks edged up.
Vodacom's joint venture partner in the Democratic Republic of Congo has filed court papers to block the pan-African operator from selling its majority stake in the unit, a spokesman for the South African company said on Friday.
Wall Street advanced to its highest levels since early August on Friday on optimism ahead of this weekend's summit of European leaders to tackle the region's debt crisis and as strong earnings from blue chips lifted investor sentiment.
Libya's National Oil Corporation has summoned Russia's Gazprom to a meeting in Tripoli to discuss what the Libyans said was a breach of investment obligations -- the first sign the new leaders are prepared to renegotiate Gaddafi-era contracts.
For the small club of companies who trade the food, fuels and metals that keep the world running, the last decade has been sensational. Driven by the rise of Brazil, China, India and other fast-growing economies, the global commodities boom has turbocharged profits at the world's biggest trading houses.
If Thomas Hoenig, retired chairman of Federal Reserve Bank of Kansas City, becomes the new vice chairman of the Federal Deposit Insurance Corporation, will the era of big banks come to an end?
Carl Icahn wants Navistar to consider merging with rival Oshkosh, though he has not yet made a formal proposal to either company.
Saab moved closer to collapse on Friday after a planned rescue by Chinese investors was thrown into doubt and a court-appointed administrator moved to lift the Swedish carmaker's protection from bankruptcy claims.
It is the low-income nations in the continent, like Tanzania, which are exhibiting the strongest growth.
Mongolia's Supreme Court has ordered the government to enforce a ban on mining in river and forest areas following an appeal submitted by activists who said the country's fragile environment was threatened by reckless mining.
Muammar Gaddafi was killed after being captured by the Libyan fighters he once scorned as rats, cornered and shot in the head after they overran his last bastion of resistance in his hometown of Sirte.
Asian shares inched up while the euro clung to overnight gains on Friday, but markets largely stayed within range, as investors awaited a weekend meeting of European leaders for signs of progress in resolving the region's debt crisis.
Liquidnet Inc, a U.S. venue where institutions anonymously trade public stocks, was sued by Wedbush Securities Inc for allegedly stealing trade secrets to start a rival business trading shares of private companies.
The New York Yankees have scouted 25-year-old Japanese pitching sensation Yu Darvish and are open to bidding for the 6'5'', 220-pound right-hander if he goes through the posting process that's required for his early entry into Major League Baseball.
Railroad company's third-quarter net profit rose 16% to $904 million from a year ago as revenues also clocked a 16% gain to hit a record $5.1 billion.
South Africa's rand tumbled 2.5 percent to a two week low against the dollar on Thursday, falling quickly in the last hour of trading when stop losses were triggered above the 8.15 level by new complications over Europe's debt problems.
Tanzania's mining sector grew only slowly this year due to uncertainty over government policies, a prolonged energy crisis and infrastructure constraints, a senior mining official said on Thursday.
