Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a U.S. default at talks on Friday as hopes grew that Washington could soon clinch a stop-gap deal to ensure...
China's economic growth should exceed 7.5 percent this year, deputy central bank governor Yi Gang was quoted by Xinhua as saying, the latest expression of confidence from Beijing that the world's No. 2 economy is steadying.
Yi was quoted as...
Starbucks Corp (SBUX.O) plans to circulate petitions to customers across the United States urging lawmakers to reopen the partially closed government and avoid a looming default, the coffee chain's CEO Howard Schultz said on Thursday.
Schultz said he was acting...
England striker Wayne Rooney turned down the chance to play for Scotland as a 16-year-old, former national coach Berti Vogts has revealed.
German Vogts, who managed Scotland between 2002 and 2004, says Rooney qualified for the team because his grandmother...
Super Eagles chief coach ,Steven Keshi has called on Nigerians to support the team as they are on a cusp of qualifying Nigeria for her fifth appearance at the Premier football tournament in the world.
Keshi, who holds the accolade...
Emerging market economies have a window of two or three months to make reforms now that the Federal Reserve has refrained from scaling back its bond-buying program, World Bank President Jim Yong Kim said on Thursday.
"We think that now...
Western nations are struggling to answer one key question as they assess conflicting signals from Tehran ahead of next week's big-power meeting with Iran in Geneva - is the Islamic Republic ready to make a deal on its controversial...
The retirement of Dr. Janet Woodcock as head of the Food and Drug Administration's pharmaceutical division is at least a year away, but already the industry she regulates is worrying about who will replace her.
Over the past 20 years...
The dock workers at Mogadishu's port have to carry cargo on their backs to clear berths for the ships waiting out at sea.
The dilapidated facility has no functioning cranes and the vessels must use their own gear to unload...
U.S. stock index futures rose modestly on Wednesday, indicating the S&P 500 may rebound from its worst drop since August, on expectations Janet Yellen will be tapped as the next chairman of the U.S. Federal Reserve.
U.S. President Barack Obama...