Volkswagen AG said it will seek a potential further 10 billion euros from shareholders to secure its merger with Porsche and safeguard its financial stability. Volkswagen plans to ask shareholders next month
Asian shares gave up early gains on Friday, with interest rate speculation pressuring assets in South Korea and China, while a bounce in the British pound continued to depress the yen and
* U.S. stock index futures pointed to a higher open on Wall Street on Friday, as investors awaited key earnings reports from conglomerate General Electric and Bank of America. * At 0756
Google plans to launch an online store to deliver electronic books to any device with a Web browser, threatening to upset a burgeoning market for dedicated e-readers dominated by Amazon's Kindle. The
The Russian government has set aside the resources to support its economy and manage the strains associated with contingent liabilities, Moody's Investors Service said in a pair of new reports. "As the
The European Investment Bank's (EIB) Aaa/P-1/stable ratings reflect its intrinsic financial strength, as evidenced by its sound governance, its strong capital adequacy, the high quality of its assets and investments, its ample
Moody's Investors Service has withdrawn ratings of Bank Standard of Azerbaijan, while the long-term local and foreign currency deposit ratings carry a negative outlook. Moody's noted that, as of the date of
Goldman Sachs dampened buoyant investor sentiment on Thursday with earnings that failed to meet the most extreme expectations, reversing gains on world stock markets and pushing the dollar higher. Wall Street looked
Goldman Sachs Group Inc posted better-than-expected quarterly earnings, fueled by outsized bond trading profits. The New York-based firm reported net income for common shareholders of $3.03 billion, or $5.25 a share. That compares
The world's top cell phone maker Nokia surprised investors by taking a major writedown at its struggling networks unit and revealing a fall in its smartphone sales from the previous quarter. Shares
