French bank BNP Paribas SA (BNP.FR) reported Friday 9.6 percent rise in profits in the first quarter from a year ago, boosted by the sale of more than half of its stake in real estate firm Klepierre.
YouTube is eager to drive more traffic to its original content channels and change its image as a hosting site for viral content and other homemade videos.
Ernst & Young projects that by 2015, money flowing to Africa will reach $150 billion, which will create 350,000 new jobs annually.
The initial public offering of private equity firm The Carlyle Group LP (Nasdaq: CG) opened slightly below the IPO price of $22 on Thursday before climbing as high as $22.39. Shortly before the closing bell, shares were trading at $22.02.
Temasek Holdings, the Singapore state-owned investment group sold $2.48 billion of shares in Bank of China Ltd. and China Construction Bank Corporation as profit growth in banks is decreasing with tighter controls on lending in the country.
Asia is doubling the size of its foreign currency reserve safety net to $240 billion, finance ministers and central bank officials announced Thursday following a 13-nation meeting in Manila. The reserve funds a multilateral currency swap agreement aimed at protecting Asian markets from global economic crises.
Platinum supply worldwide is expected to remain in surplus this year, in what will be its eighth consecutive year in surplus, Thomson Reuters GFMS said Thursday.
The lack of bureaucratic support as well as aggressive regulation and tax policies are scaring away foreign investors from India, the chairman of Honeywell International has said, the Wall Street Journal (WSJ) reported.
Hollywood?s most famous couple, who finally stamped seal on their 7-year-long relationship with the announcement of their engagement last month, has now decided to settle down in the UK post wedding.
Asian stock markets declined on Thursday as weaker-than-expected economic reports from the US and Europe dampened investor sentiment.
China's real estate prices have bene cooling off lately, but they remain hotter than anywhere else
After several delays, the Travis County Commissioners Court has officially given its final stamp of approval on the tax incentives package offered from the state and local governments, which means Apple can start preparing to build facilities and add jobs in its sprawling campus in Austin, Texas.
Spain?s chief economist said Wednesday Bolivia will ?compensate Red Eléctrica Española the costs invested in the country?s electricity network? after the South American country announced it would expropriate the local unit of the Spanish utility, Transportadora de Electricidad S.A.
Shares of Chesapeake Energy Corp., the No. 2 natural gas producer in the U.S., plunged Wednesday after a report that the CEO and co-founder secretly ran a hedge fund that traded in the same commodities that the Oklahoma City company produces.
Swiss banking giant UBS reported on Wednesday that its profit for the first quarter declined 54 percent from the same period last year after being affected by charges on its debt.
China?s manufacturing activity improved in April compared to March but continued to contract for the sixth straight month, according to the final HSBC flash Purchasing Managers Index (PMI) released Wednesday.
Microsoft (Nasdaq: MSFT), the world's biggest software company, announced it'll invest $300 million into a new business with Barnes & Noble (NYSE: BKS) to burnish the future of the Nook.
The CEO of Chesapeake Energy Corp. (NYSE: CHK), the second-largest U.S. natural gas producer, will give up the role of chairman after shareholders said there was a potential conflict of interest with his separate investments, the company said Tuesday.
In spite of organizers providing free coffee and bagels, planned May Day demonstrations across New York convened by the loosely organized movement against social and economic inequality known as Occupy Wall Street got off to a wet, slow, sleepy start. Much like the day itself, however, the street actions began warming up into the late afternoon and, by lunchtime, seemed to be close to going into full swing.
U.S. construction spending in March barely increased over the previous month's level as government spending on infrastructure projects fell, the U.S. Commerce Department said Tuesday.
Chesapeake Energy Corp will find an independent, non-executive chairman to replace Aubrey McClendon, who will retain his position as chief executive officer, the natural gas producer said on Tuesday.
Bank of America Corp., the second-largest U.S. bank by assets, will dismiss about 2,000 employees, many of whom earn high salaries, in its investment banking, commercial banking and non-U.S. wealth-management units, according to the Wall Street Journal.
