Yahoo is said to be in talks to sell its 35 percent stake in Yahoo Japan, a move that will give Yahoo the necessary cash infusion to fight against arch rival Google and Facebook.
Gross domestic product (GDP) of the eurozone grew 0.3 percent in the last quarter of 2010, mainly boosted by exports from the region, according to the second estimates released by Eurostat on Thursday.
A Northwestern University professor has released a statement, defending an optional live-sex presentation he held after class last week.
A Northern Ireland software company that supplies services to major financial institutions said on Wednesday it was creating 360 new jobs, a rare piece of good news in an economy squeezed by public services cuts. First Derivatives, based in the border city of Newry and currently employing 550 people, is to expand using 4.3 million
Prices for Dollar investors to Buy Gold crept higher to reach a new all-time record Wednesday lunchtime in London, as crude oil rose further above $100 per barrel and world stock markets fell for the eighth time in nine sessions.
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Aaron LeMieux grew up hearing his native Cleveland used as the punchline for jokes such as the mistake on the lake. But the city is attempting to shake its downtrodden image - enhanced by a history of sporting futility - and entrepreneurs like LeMieux are leading the charge.
The text of Wisconsin Governor Scott Walker’s speech regarding the budget:
South African investment firm Brait will raise up to $864 million in a rights issue for its latest round of acquisitions, as it jettisons its private equity model in favour of public capital markets.
The federal budget and unemployment were tied as top investor concerns, a poll showed, when asked to rate potential factors affecting the investment climate.
The chances of Portugal accepting a bailout has increased as hopes of reining in the borrowing costs of peripheral European governments have faded.
Shareholders of two of the firms in a consortium buying U.S. insurer AIG's Taiwan unit approved the $2.16 billion bid on Wednesday, setting the scene for what is expected to be a tough battle with regulators.
A former partner of D.E. Shaw and an ex-Goldman Sachs (GS.N) partner are setting up a new firm to raise about $500 million for a China-focused private equity fund to join the growing competition for deals in the world's No.2 economy, sources told Reuters on Wednesday.
The trustee seeking money for victims of Bernard Madoff's Ponzi scheme has sued Tremont Group Holdings for $2.1 billion, saying it missed warning signs the business could be a fraud.
China may have more potential than ever to influence U.S. debt prices after data showed the country owns more than a $1 trillion in Treasuries, almost a third more than previously thought.
A Bay Area hedge fund manager settled civil charges that he secretly diverted more than $12 million in proceeds to other entities he controlled, securities regulators announced.
Spot gold rallied to a record of $1,432.10 an ounce, surpassing its previous record of $1,430.95 set on December 7, as chaos in Libya and political turmoil in the Arab world prompted safe-haven buying and soaring oil prices boosted bullion's inflation hedge appeal.
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Goldman Sachs Group Inc could lose up to $3.4 billion from lawsuits and other disputes over the securities it sold and underwrote, the investment bank said in its annual filing with regulators on Tuesday.
Tanzania needs to invest $10 billion a year to improve its infrastructure network and create a healthy climate for the county's economic growth, a continental investment body said on Tuesday.
An investigation by U.S. immigration officials into illegal unemployment at Chipotle Mexican Grill Inc (CMG.N) is making some investors nervous and could have implications for the fast-food industry as a whole. Chipotle, based in Denver, is one of the highest-profile employers to come under the scrutiny of Immigration and Customs Enforcement (ICE) in recent years.
“We have seen increased evidence that a self-sustaining recovery in consumer and business spending may be taking hold,” said Federal Reserve Chairman Ben Bernanke in a testimony to Congress.
