While the world braces for the next euro zone fiscal crisis flare-up, an analyst at Japanese financial conglomerate Nomura suggests that whatever bad news is just around the corner will not damage global economies as much as such crises once did.
Puerto Ricans decide its future in November, weighing options that include remaining a U.S. territory or becoming a state. While some say Puerto Rican statehood is bad business for the U.S. others say the nation might be looking at the next swing state.
India's Finance Minister P Chidambaram Wednesday approved a proposal to raise foreign direct investment (FDI) ceiling in insurance and pension sectors to 49 percent from the existing 26 percent to boost investor confidence.
China's manufacturing activity fell in August compared to that in July, according to the preliminary HSBC Flash Purchasing Managers Index released Thursday.
Are you entitled or empowered? Do you feel you are owed, or do you feel you own something? This simple choice reflects your view of the world. It stands for your self-image.
The announcement Wednesday that the notoriously fangless British Financial Services Authority is going after the most blatant fraudsters in U.K. finance opened a window on some of the sleaziest financial hucksterism in Great Britain.
We're less than a month away from the alleged unveiling date for the iPhone 5, and Apple fans can't wait to get their hands on the company's latest model, which promises a new exterior design and hundreds of new features inside. While selling an old smartphone or iPhone before the next one releases has a few benefits, by and large, most users should wait to sell their old iPhones to buy an iPhone 5. We explain five reasons to wait it out.
Apple’s iPhone 5 release is said to be the biggest handset launch in history—and for mobile subscribers in the U.K. the smartphone may represent a crucial first. If rumors hold up to be true, the iPhone 5 will support the first 4G LTE network in the U.K.
About 70,000 bank branches – including The State Bank of India, the nation’s largest public sector bank – will be idle.
Bank employees in India began a two-day strike on Wednesday to protest against proposed reforms that would ease mergers and allow more private capital, including foreign investment, in the banking sector.
Royal Dutch Shell announced plans to spend at least $1 billion a year exploiting China's supply of shale gas, Reuters reported. The news came from the energy firm's head executive in China, Lim Haw Kuang, who responded to Reuters' questions about the alleged $1 billion-a-year plan to invest in the potentially vast natural gas trove.
The northeastern Chinese city of Tianjin announced a four-year plan to invest 1.5 trillion yuan ($236 billion) to stimulate industrial growth, Bloomberg News reported Tuesday. The Communist Party's Tianjin Daily also reported that investments have been announced for 10 industries, including petrochemicals and aerospace.
There's an almost-daft energy over Wall Street at the moment as stocks keep to four-year highs, a trend that hasn't kept analysts from warning that the party is about to be over.
Fisker Automotive Inc. is in a bad place right now, running out of money, recalling its hybrid-electric Karma luxury cars because they burst into flames and shuffling around executives faster than a losing team substitutes pitchers; it's hard to find a bright patch for the company that isn't on fire.
News of the Paypal co-founder's exit comes a day after several of Groupon Inc's [NASDAQ: GRPN] largest early investors sold their stock in the troubled online voucher site.
While some may see the made-for-television national political conventions as a colossal waste of time and money, analysts have been busy crunching numbers to figure out which way these carefully choreographed productions will impact the stock market.
Asian shares edged up Tuesday as investors held on to hopes the European Central Bank will act to soothe borrowing costs, even as officials denied a report about the shape of its planned bond buying strategy.
What do you do when your country is sinking? If you?re the Maldivian government, you create a series of floating islands that include a hotel and convention center, private villas and an 18-hole golf course.
The famously all-male Augusta National Golf Club has officially admitted its first female members -- former Secretary of State Condoleezza Rice and business executive Darla Moore.
Who is Darla Moore? The businesswomen joins former Secretary of State Condoleezza Rice to become the first female members of Augusta National Golf Club.
The reason that Mitt Romney will release his 2011 tax return only two months from now is because he's waiting for the Internal Revenue Service to finish processing it, a top adviser said on Sunday.
OnLive, the cloud-streaming online game service, has had its share of difficulties over the past week or so, including potentially having filed for a form of bankruptcy, as well as firing multiple employees.