China has ordered companies that have issued bonds to submit any asset restructuring plans to bond holders for approval, sources said, as Beijing steps up its efforts to rein in the risks from a mounting pile of local government debt.
Charles Monnett, a leading climate scientist whose research helped galvanize the global warming movement, has been suspended pending an investigation into his 2006 paper on polar bear drownings.
Long-term investors are losing patience with companies that fail to maximize value as the slowing recovery whittles away returns, with some calling for greater financial rewards for loyalty or takeovers that put growth targets back on course.
Not only is the Singaporean Prime Minister, Lee Hsien Loong, the highest paid elected leader in the world (bringing home a cool $2.4-million per year), but most of his top ministers earn in excess of $1-million annually (not including generous perks and pensions).
Some major bond fund managers are asking their institutional clients to consider waiving strict requirements that might force mass selling of Treasury bonds if the United States loses its AAA rating.
The shares of Japanese videogame maker Nintendo fall by a massive margin of 20 percent after poor sales results of its new 3D capable games device forced the company to cut the price of the product and its annual profit target.
South Korea forecasts even more rain as emergency workers are still entrenched in a battle against floods and landslides that have killed at least 41 people.
The Green Bay team was just coming off a Super Bowl win over the Pittsburgh Steelers when the contract dispute between National Football League owners and players resulted in a lockout, putting the start of the next season in question.
Most financial advisers are holding a lot of hands this week. Many of their clients, with the horrors of the financial crisis so fresh, are getting scared by the possibility of a United States' debt default.
As much of Texas suffers through one of its worst droughts, many rain-starved Texans are doing something they thought they would never do -- looking forward to the arrival of a tropical storm.
James Murdoch was unanimously confirmed as chairman by BSkyB's board, winning a reprieve from a phone-hacking scandal that threatens to draw him into multiple investigations, two sources briefed on the board meeting told Reuters.
St. George head of intermediary distribution Steven Heavey has announced his resignation, only days after his involvement in the launch of Westpac's re-organised Bank of Melbourne brand in Victoria.
Soul diva Amy Winehouse passed away at the tender age of 27, leaving behind a treasure trove of previously unreleased tracks.
A new method using brain scans has been discovered by researchers to objectively measure the intensity of pain felt by those who suffer from chronic lower back pain in hopes to effectively provide individual treatment.
Management 360 has bolstered its television division, TV 360, by hiring Brandon Brito and Meghan Lyvers to head the division, the company announced on Thursday.
Community Health Systems Inc (CYH.N), the second-largest U.S. hospital operator, beat analysts' second-quarter earnings expectations on higher operating revenue, sending its shares up more than 6 percent in after-hours trading.
Continental Airlines cancelled 24 flights on Wednesday due to a shortage of pilots after a barrage of sick calls, according to the carrier's parent, United Continental Holdings Inc (UAL.N).
Big gains in Latin America covered up U.S. declines at Colgate-Palmolive Co (CL.N) and Avon Products Inc (AVP.N), with the world's largest direct seller of cosmetics seen as having a harder road to recovery.
The triple-A ratings of 177 cities, counties, school districts and other entities could be cut along with the U.S. government's top rating, Moody's Investors Service said on Thursday.
Four IPOs were received with varying levels of interest on their market debut, signaling that investors were being very selective of where they want to put their money.
The Chinese people are in mourning after two high-speed trains collided on Saturday.
Research confirms what most people know: people like Netflix for movies, Hulu for TV shows.