Groupon Inc , the world's largest online daily deals provider, is reshuffling senior management roles in an attempt to fix its struggling European business -- a shake-up that will also include the departure of its chief of international business.
Rich Chinese tourists paying USD 40,000 to hunt elk in Utah or booking the entire first-class cabin for a family flight to France show China's economic slowdown has yet to thin the wallets or dull the appetites of its deep-pocketed elite.
The man in charge of a UK government report into what went wrong with the manipulation of the London interbank offered rate (Libor), the benchmark interest rate, will Friday call for a "complete overhaul" of the "broken" system.
Billionaire financier George Soros has committed USD 1 million to the "Super PAC" group that is helping fund President Barack Obama's re-election bid, a person familiar with the pledge said on Thursday.
Dish Network Corp has approached media companies, including Viacom Inc , about acquiring content for an Internet-based television service that would play live channels, according to a source familiar with the matter.
As a two-month battle with Heineken for control of Tiger beer risked turning ugly, Thai billionaire Charoen Sirivadhanabhakdi telephoned Lee Hsien Yang, chairman of Singapore conglomerate Fraser and Neave (F&N) , the brewer's co-owner.
Goldman Sachs Group Inc will pay more than $14 million to settle federal and state charges after it violated "pay-to-play" rules, in a case involving campaign contributions to former Massachusetts gubernatorial candidate Timothy Cahill.
Accenture Plc forecast full-year earnings ahead of analyst estimates as it bolsters its outsourcing business to offset a slowdown in consulting, sending its shares up 5 percent in after-market trading.
At least 19 people are feared dead after a plane crashed near Kathmandu in Nepal on Friday, a police official and state television said.
President Barack Obama and Republican rival Mitt Romney will spar over whose vision is best for boosting the U.S. economy and navigating thorny foreign issues among other topics during three debates before the November 6 election.
Spain will announce a series of economic reforms and a tight 2013 budget on Thursday, aiming to avoid the political humiliation of having Brussels impose conditions on a request for an international bailout.
Renewed jitters over Europe, growing fears about China and the US's precarious fiscal situation all bode poorly for the recent stock rally, which could correct as much as 25 percent in the coming months, an investment manager said Wednesday.
Spain is in turmoil once again and the besieged euro zone state is closer to asking for a financial bailout, but, perhaps investors should cut Madrid some slack, some analysts say.
Harry's still finished, but don't rule out any return to the Potter world.
A church in Britain has banned yoga classes from its premises as the ancient Indian system of physical exercise was "not compatible" with the Catholic faith, according to a media report on Wednesday.
London's Metropolitan Police arrested a former Credit Suisse trader on Wednesday in connection with a scandal dating back to 2007 in which mortgage-backed securities traders were caught trying to cover up losses on their books, a source familiar with the matter told Reuters.
With a promotion from co-head to sole head of Bank of America With a promotion from co-head to sole head of Bank of America BAC's corporate and investment banking unit in January, the year had started well for Christian Meissner. But by the spring, things had turned sour as his most prominent dealmaker Andrea Orcel left to join UBS.
A six-year acquisition spree aimed at making Google a force in the display advertising business is finally paying off.
Doctor heal thyself. Ybrant Digital, an Indian group, has failed to come up with USD 175 million owed to Experian for three marketing businesses, including the website PriceGrabber. Experian is best-known as a credit-checking agency.
Top officials from India and the US are holding a series of meetings here to strengthen collaboration in the energy sector with special focus on mobilising clean and affordable sources for their requirements.
Yahoo! today said Ken Goldman will join the company as chief financial officer (CFO) with effect from October 22, as recently appointed chief Marissa Mayer tries to turn around the Internet company.
US consumer confidence rose to a seven-month high, while home prices posted their biggest annual rise since August 2010, highlighting bright spots in an otherwise sluggish economic recovery.
The third quarter could fade quietly away in the week ahead, as markets look forward to a more dramatic fourth quarter, with the election and pending "fiscal cliff" making it the trickiest period of the year.
Goldman Sachs strategists expect the "fiscal cliff" to push the market lower in the fourth quarter, and they recommend investors sell the stocks that have lagged so far this year.
Chinese growth is set to stabilize in the coming months and will slow to 6 percent in the next decade, according to new research from Barclays.