Italian power company Enel has reached a deal on early retirement for almost 10 percent of its domestic workforce, the largest agreement of its kind since the government overhauled Italy's pension rules,
The 2013 Offshore Technology Conference in Houston, Texas was concluded on Thursday, reaching a 30-year high in terms of attendance. According to the organisers, this year‘s event attracted 104,800 visitors, up by
The yen sank to a four-year low against the dollar on Friday on robust U.S. jobs data and signs Japanese investors have begun buying foreign bonds, denting safe-haven German paper and helping
In one of the biggest ever bank heists, a global cyber crime ring stole $45 million from two Middle Eastern banks by hacking into credit card processing firms and withdrawing money from
U.S. Federal Reserve Chairman Ben Bernanke is unlikely to attend the Group of Seven finance leaders' meeting on the outskirts of London this weekend, a G7 official said. The official, speaking after
International Airlines Group reported a first-quarter operating loss of 278 million euros ($364 million) as continued weakness at its Spanish carrier Iberia wiped out progress at British Airways. The loss at IAG,
Japanese equities soared to 5-1/2-year highs on Friday, with the dollar sailing past the symbolic 100 yen level and beefing up the outlook for Corporate Japan, but shares elsewhere in Asia retreated
Slovenia pledged on Thursday to sell 15 state firms including its second largest bank, biggest telecoms operator and national airline under a crisis package to avert an international bailout. Prime Minister Alenka
U.S. stocks edged lower on Thursday despite stronger-than-expected data on the labor market, with Wall Street coming off a sustained rally that took the S&P 500 to record closing highs for five
A former school bus driver accused of kidnapping three young women and raping them during a decade of captivity in his house was ordered held on $8 million bond on Thursday. In
