The sale of Noble Americas Energy Solutions (NAES) includes repayment of working capital of about USD 248 million, Noble said in a statement. Noble's shares rose nearly 7 percent in early trading on Monday.
10 Oct 2016, 12.50 pm | Source: Reuters
But a steady flow of research and a new tone in the debate among policymakers and advisers points in a different direction: rather than retreat, central banks are preparing for the day they may need to do more, even at the risk of...
10 Oct 2016, 12.46 pm | Source: Reuters
This summer's event was different though because more young parents were present. In previous years they had left their children in the care of grandparents while they found work in nearby cities and towns. But as China's economy ...
10 Oct 2016, 12.43 pm | Source: Reuters
A defiant Donald Trump today attacked former President Bill Clinton for his treatment of women and vowed, if he won the White House, to put Hillary Clinton in jail for operating a private email server while US secretary of state.
10 Oct 2016, 8.44 am | Source: Reuters
Except for certain sensitive industries, foreign direct investment will now only require registration, rather than administrative approval, an official statement after central cabinet meeting chaired by Premier Li Keqiang said.
10 Oct 2016, 8.38 am | Source: PTI
The sharp increase reflects how the US technology giant has changed the way it records advertising revenues following public criticism.
10 Oct 2016, 8.20 am | Source: PTI
The International Monetary Fund's member countries on Saturday pledged to revive flagging global trade, boost government spending and remove barriers to business to fight weak growth that has left too many people behind.
09 Oct 2016, 2.28 pm | Source: Reuters
Donald Trump's presidential campaign today appeared to be collapsing like a pack of cards, with many top Republican party leaders leaving his camp a day after his lewd remarks against women surfaced but the controversial billi...
09 Oct 2016, 12.42 pm | Source: PTI
Matthew triggered mass evacuations along the US Atlantic coast from Florida northward through Georgia and into South Carolina and North Carolina. President Barack Obama urged people not to be complacent and to heed safety instruct...
08 Oct 2016, 3.37 pm | Source: CNBC-TV18
Republican presidential nominee Donald Trump is worth about USD 800 million less this year as compared to 2015, dropping 35 spots on Forbes list of richest Americans.
08 Oct 2016, 1.54 pm | Source: PTI
A US appeals court today handed Apple a victory in one of its battles with rival Samsung, reinstating a USD 119.6 million verdict for the iPhone maker for patent infringement.
08 Oct 2016, 12.32 pm | Source: PTI
Facebook has released a mobile app for finding local happenings to enjoy with friends.
08 Oct 2016, 12.32 pm | Source: PTI
Deutsche Bank has secured support from its largest shareholder and more German lawmakers as it grapples with a confidence crisis following US authorities' demands for up to USD14 billion to settle allegations it mis-sold mortgage-...
07 Oct 2016, 10.21 pm | Source: Reuters
At least 400 people died as Hurricane Matthew leveled huge swaths of Haiti's south, it emerged today, as the still dangerous storm hugged the southeast US coast threatening lethal flooding.
07 Oct 2016, 10.18 pm | Source: PTI
The European Union today hit China with anti-dumping duties on two types of steel imports as Europe tries to cope with a global steel glut largely driven by massive Chinese output.
07 Oct 2016, 9.18 pm | Source: PTI
The government lifted its 2016 growth forecast for Europe's biggest economy to 1.8 percent from 1.7 percent previously, which would be the strongest growth in half a decade.
07 Oct 2016, 7.33 pm | Source: Reuters
UK Financial Investments Limited, which manages the government's stakes in the banks, said it has recommended scrapping plans to sell the remaining stake via a discounted public selloff.
07 Oct 2016, 7.24 pm | Source: Reuters
The ECB has spent over a trillion dollars buying bonds in an effort to boost inflation, a key gauge of economic growth. But inflation rates remain just above zero and are not expected to reach the ECB target for at least two years...
07 Oct 2016, 6.32 pm | Source: Reuters
Nonfarm payrolls increased 156,000 for the month and the unemployment rate ticked up to 5 percent, according to figures the Bureau of Labor Statistics released Friday. Economists surveyed by Reuters had expected 176,000 new jobs a...
07 Oct 2016, 6.04 pm | Source: CNBC
The pound slumped also to a 6.5-year trough against the euro, at 94.15 pence.
07 Oct 2016, 5.42 pm | Source: PTI
Santos has promised to revive the peace plan even though Colombians, in a referendum on Sunday, narrowly rejected the accord. Many voters believed it was too lenient on the FARC guerrillas.
07 Oct 2016, 3.18 pm | Source: Reuters
Lew said the challenge for China to go forward is going to be to stick with the reform agenda that has been outlined both in the Third Plenum and most recently at the National People's Congress.
07 Oct 2016, 12.30 pm | Source: PTI
Nonfarm payrolls are expected to have risen by 175,000 last month from 151,000 in August, according to a Reuters survey of economists.
07 Oct 2016, 11.56 am | Source: Reuters
Prosecutors have now gone back to seek more evidence about the company's alleged bribery in Mexico to put pressure on the retailer to settle, Bloomberg reported.
07 Oct 2016, 8.07 am | Source: Reuters
Senior advisers at top Wall Street firms are speaking to representatives of Deutsche Bank about ideas including a share sale and asset disposals, Bloomberg reported, citing people familiar with the discussions.
07 Oct 2016, 8.03 am | Source: Reuters
A senior European official tried to shore up confidence in the continent's banking system, saying it was working well overall, while sources said Germany's financial watchdog had found no evidence so far that Deutsche violated mon...
07 Oct 2016, 8.01 am | Source: Reuters
When the Fundao dam burst at the mine, owned 50-50 by BHP and Vale SA , enough mud to fill 12,000 Olympic swimming pools flattened an entire village, killed 19 people and left hundreds homeless.
07 Oct 2016, 7.59 am | Source: Reuters
Greenspan said on "Squawk Alley" that she just has to "grin and bear it," referring to Donald Trump's claim that Yellen is the most political person in Washington.
06 Oct 2016, 10.18 pm | Source: CNBC
"The uncertainty for us is really an issue, because it impacts directly on economies of developing countries, and almost always negatively," Kim said on "Squawk on the Street" from the sidelines of the World Bank/International Mon...
06 Oct 2016, 9.59 pm | Source: CNBC
During an earlier news conference, Lagarde said many banks around the world need to revamp their business models to deal with current ultra-low rate financing conditions, and that the IMF believes there are the means and a determi...
06 Oct 2016, 9.33 pm | Source: Reuters