Former Deutsche Bank Chairman Rolf Breuer agreed to make a non-penal payment of 350,000 euros ($456,600) to have fraud charges dropped that were brought against him as part of a legal dispute initiated by the late Leo Kirch.
Republican White House hopeful Mitt Romney receives millions of dollars a year in a retirement agreement with Bain Capital, nearly 13 years after he left the private equity firm he helped start, the New York Times reported Monday.
Asian equities and U.S. stock index futures fell, with South Korean shares tumbling as much as 5 percent, while the dollar gained on safe-haven appeal after news of the death of North Korea leader Kim Jong-il raised fears of regional instability.
Apple has been relying on its Asian manufacturers for production and assembly of its popular gadgets. But Apple’s A5 chip, which powers the new iPhone 4S and the iPad 2, is now being manufactured in the United States of America, specifically Texas, according to reports.
Last week, investors could finally buy a share of Internet gaming site Zynga, which was priced Thursday at $10 a share in the company’s $1 billion initial public offering. What did they say about other IPOS as well as Facebook's for 2012?
Gold prices will fall below $1,500 an ounce over the next three months and are unlikely to retest September's all-time highs until later next year at the earliest, according to a Reuters poll of 20 hedge-fund managers, economists, and traders.
China will keep appropriate investment growth in 2012 to help underpin the economy amid the global downturn, the country's top economic planner said in comments published on Sunday.
The last convoy of U.S. soldiers pulled out of Iraq on Sunday, ending nearly nine years of war that cost almost 4,500 American and tens of thousands of Iraqi lives and left a country still grappling with political uncertainty.
Police, prosecutors, and the Japanese securities watchdog may launch a raid on the offices of the disgraced Olympus Corp. this week on suspicion the company falsified financial accounts, Kyodo News has reported, citing investigative sources.
With India's economic growth buckling and the rupee at an all-time low, other companies, too, are expected to struggle to meet debt obligations in the coming months.
Hollywood has yet to shake off the Thanksgiving hangover, with box office receipts slumping in the weeks since the late November holiday.
Online games developer Zynga Inc scored badly as it went public on Friday, dashing hopes for the year's hottest tech IPO, as investors frowned on its over-reliance on Facebook, dimming growth prospects, and outsized control by CEO Mark Pincus.
A unique deal to protect part of the annual bonus pool at UBS Australia expires within weeks, say sources with direct knowledge of the matter, raising the prospect that the business may lose some top talent should it not be renewed.
A consortium of private equity group Silver Lake, software giant Microsoft Corp and venture capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc, a source familiar with the matter said on Friday.
A consortium of software giant Microsoft Corp., private-equity group Silver Lake, and venture-capital firm Andreessen Horowitz are reworking their bid for a minority stake in Internet company Yahoo Inc., a source familiar with the matter said on Friday.
Moody's threat to downgrade Ontario's debt rating will likely spur the Canadian province to take bolder moves to rein in its C$16 billion ($15.4 billion) deficit.
Environmental activists may suffer a major loss at the hands of an omnibus spending bill winding its way through Congress, as lawmakers moved to defund new Energy Department standards for incandescent light bulbs.
When Roman calls, Kate goes to work. Holidays can wait.
Soros Fund Management, the investment company of billionaire George Soros, has laid off a handful of analysts and portfolio managers in recent months.
Warren Buffett's MidAmerican Energy Holdings made its second foray into solar energy in as many weeks, saying on Friday it will buy a 49 percent stake in an Arizona power plant from NRG Energy Inc.
Gold found a bottom to bounce off Friday as investors, especially those focused on bullion, responded to the bargains emerging from this week's huge price drops.
PricewaterhouseCoopers LLP, one of the “Big Four” accounting firms, is being investigated by a U.K. regulator over possible accounting scheme in the firm’s auditing of investment bank Barclays Capital Securities Ltd. In January, the FSA fined Barclays Capital £1.1 million ($1.7 million) for putting client money at risk over an eight year period.
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