Business News

Key figures on both sides of the Washington divide have said a deal can be reached to avoid damaging cuts and tax rises Both sides of Washington's political divide expressed optimism Sunday that a deal could be struck to...

Hedge-fund managers are losing faith that persistently strong crude-oil prices will hold amid a fragile macroeconomic backdrop and an adequate oil supply.

The officials are unlikely to sign off on a long-delayed tranche of aid for Greece until they receive a report on the country's progress in meeting its fiscal goals.

MUMBAI (Reuters) - Indian central bank Governor Duvvuri Subbarao's standoff with a finance ministry that wants interest rates reduced sooner rather than later may prove the defining moment of his tenure.

Companies linked to Southern Cross Healthcare could become responsibility of bank, which lent to them in 2007 The taxpayer-backed Lloyds Banking Group could shortly find itself the owner of a string of care homes housing...

Rival hubs such as New York and Hong Kong will push beleaguered City into third place by 2015, CEBR forecasts London can expect to lose its crown as the leading global centre for high finance this year amid a barrage of ...

The latest James Bond movie, “Skyfall,” not only beat rivals at the box office this weekend, but also had the best North American opening for a Bond movie in the franchise’s history.

Mobile phone makers sign 10-year licensing agreement after 32 months of lawsuits In a surprising outbreak of peace in the mobile phone world, Apple and the Taiwanese smartphone maker HTC have halted legal hostilities and...

Thousands gather in protest as parliament decides whether to approve new austerity measures in 2013 budget The Greek government faces another test on Sunday evening when MPs vote on a 2013 budget that requires approval f...

As many as 12 people are feared dead after a 6.8 magnitude earthquake hit northern Myanmar on Sunday.

Lady Kramer and Lord Sharkey lead move to amend financial services bill requiring banks to publish data Liberal Democrat peers are attempting to force banks to disclose the amount of credit they offer to small businesses...

SYDNEY/HONG KONG (Reuters) - Once darlings of the Australian mining boom, small and middle-tier prospectors are now running low on cash as commodities markets lose their lustre, pushing miners to look near and far for fu...

Lord Hunt admits sympathy with Hugh Grant's campaign but says aims can be achieved by revamped self-regulation The chairman of the Press Complaints Commission (PCC) has appealed to the government and Lord Justice Leveson...

Billboard ads designed by M&C Saatchi are part of £917m programme aimed at stopping tax evasion and avoidance The government will unveil an aggressive billboard campaign on Monday targeting individuals who evade tax. ...

Wheelchair users living in poverty use adapted vehicles to cross the border loaded with cheap Nigerian fuel A childhood polio survivor, Isaac chose one of the few careers available to wheelchair users in Benin: smuggling...

PARIS (Reuters) - French advertising group Publicis said on Sunday that demand for advertising rebounded in October, as it reported more than 7 percent organic growth in group sales on strength in the United States, emer...

After coming home from war many veterans still face the challenge of unemployment. In 2011, 12.1 percent of recently active U.S. military veterans were jobless....

Bad management isn't new at the corporation, but let's keep things in perspective. There's no reason it can't rebuild The BBC crisis is terrible, and the management is in meltdown. Newsnight's journalism would have disgr...

A little-known Northern California town, established more than 100 years ago on a tract of land owned by a Scottish liquor wholesaler named James Ross,...

After filling dumpsters with ruined inventory, many owners of New York City's shops and restaurants find themselves waiting on emergency loans and insurance companies or trying to personally finance their recovery from S...

Many people equate the American Dream with the attainment of a set of possessions -- a car and a home or a rising standard of living. Those are certainly desirable, but the more important element differentiating the U.S....

An investigation into harassing emails led to the FBI’s discovery of CIA Director David Petraeus’s extramarital affair, which ultimately resulted in his resignation, according to news reports.