Business

A British vote to leave the European Union would hit large German banks, given their heavy exposure to London, the head of German financial watchdog Bafin said in an interview with German newspaper Tagesspiegel. Bafin President Felix Hufeld told the...

Energy giants such as Royal Dutch Shell and Total are looking to build terminals and power plants in new markets to soak up the industry's rapidly burgeoning supply. Companies have invested billions in plants to produce liquefied natural gas (LNG)...

Siemens (SIEGn.DE) has no interest in becoming a white knight for German robot maker Kuka (KU2G.DE), which is the target of a 4.5 billion euro ($5.06 billion) takeover bid by Chinese home appliance maker Midea (000333.SZ), Siemens' chief executive...

Sentiment towards the Eurozone economy was dealt a numbing blow during trading on Thursday following Mario Draghi’s gloomy warnings of Europe being at risk from lasting economic damage. This statement comes at a time where stubbornly low commodity prices...

The U.S. Department of Justice asked the Supreme Court to overturn an appeals court ruling that had favored Apple Inc over Samsung Electronics Co Ltd in smartphone patent litigation, and asked that it return the case to the trial...

Vodafone PLC (VOD.L) said it was merging its New Zealand unit with the country's biggest pay-TV firm, Sky Network Television (SKT.NZ), in a $2.4 billion deal that will enable it to offer customers packages of entertainment, broadband and mobile. The...

U.S. stocks opened lower on Thursday as oil prices tumbled for the first time in four days, pressuring energy stocks. The Dow Jones Industrial Average .DJI was down 36.78 points, or 0.2 percent, at 17,968.27. The S&P 500 .SPX was down...

Sentiment towards the global economy was dealt a sharp blow during trading on Tuesday following the World Bank’s meek outlook on global growth which immediately dented risk appetite. The development lender slashed world GDP for 2016 down to 2.4%...

The general atmosphere in the global markets remains choppy with a lack of risk appetite hurting investor attraction towards the equity markets. The general global economic sentiment would have felt a blow following the news that the World Bank...

Gold surged ferociously during trading last week with prices hitting fresh two week highs at $1248 following the remarkably weak NFP report that immediately quelled expectations over the Fed raising US rates in June or July. For an extended...