Business

Financial stocks led Wall Street sharply lower on Monday in the aftermath of a shock vote by Britons to leave the European Union. The S&P financial index .SPSY fell 1.55 percent, leading the decliners for the second-straight day, as uncertainty...

The stress tests created for banks by U.S. regulators after the 2008 financial crisis may prove their worth this week, providing a timely message on banks' hardiness in the midst of turbulence over last week's vote by Britain to...

German publishers have appealed a Berlin court's rejection of a case in which they accused Google of abusing its market power by refusing to pay them for displaying newspaper articles online, a lawyer for the publishers said on Monday. Germany's...

Global sentiment was dealt a devastating blow during trading on Friday following the shocking Brexit victory that renewed a wave of uncertainty and soured investor appetite. With the Brexit now a reality, financial markets have entered a state of...

Sterling is trading at highest level in 2016 above 1.48 against the US dollar, when it’s supposed to be at brink of a collapse due to the possibility that Britons may decide to exit the EU. This seems to...

Toshiba Corp's (6502.T) newly appointed chief executive said he would stick with the Japanese industrial conglomerate's target for nuclear power plant orders, dismissing scepticism among analysts who say the target is too ambitious. "It's achievable," Satoshi Tsunakawa told reporters on...

McDonald's Corp (MCD.N) has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, people familiar...

As questions mount over whether health insurer Anthem Inc's (ANTM.N) proposed $48 billion purchase of Cigna Corp (CI.N) will win U.S. antitrust approval, an exclusive analysis produced for Reuters suggests the merger could lead to higher costs for large...

A sense of anxiety continues to loom over global markets with investor unease reaching new heights as the Brexit saga finally draws to an end with less than twenty-four hours till vote day. Market sensitivity caused by the unknown impact...

A sense of unease gripped the global markets during trading this week with anxiety reaching new heights as Brexit jitters triggered a wave of risk aversion consequently souring investor risk appetite. Most major currencies and safe-havens have violently oscillated...