Profitability and cash flow generation across the global integrated oil and gas industry appear to have bottomed out, helped by the recent recovery in oil prices and easing in industry costs, Moody's
France's PSA Peugeot Citroen could buy a large stake in Japan's Mitsubishi Motors Corp as part of plan to deepen ties to ride out the auto industry's worst ever slump and take
Bank of America Corp <BAC.N> said it would repay $45 billion of taxpayer bailout funds, a move that could free the top U.S. lender from pay curbs as it looks to hire
The global financial crisis could push 11 million more people into poverty and another 23 million to the brink of poverty in eastern Europe and central Asia by 2010, according to a
Gold struck another peak on Thursday because of its investor appeal as a safe asset and Asian stocks looked past Wall Street's weak finish to eke out gains. The yen slipped amid
U.S. online job postings fell slightly in November, due to a dip in demand for health care-related positions and employers' continued unease regarding economic recovery, a private research group said on Thursday.
Moody's Investors Service said Wednesday that Asian banks have a relatively small exposure to Dubai and Dubai World companies, based on the rating agency's preliminary survey of the banks it rates in
World stocks advanced for a third straight session on Wednesday with anxiety over Dubai's debt problems taking a backseat and focus shifting to this week's economic numbers and the European Central Bank's
The world's largest cellphone maker Nokia said on Wednesday it expects handset market volumes to grow around 10 percent next year, more than analysts expect. Nokia forecast its handset unit operating profit
World stocks ticked higher on Wednesday with anxiety over Dubai's debt problems taking a backseat and focus shifting to this week's economic numbers and the European Central Bank's rate meeting. Euro zone
