Business

HSBC Holdings Plc (HSBA.L) apologized and said it deeply regretted past conduct and compliance failures at its Swiss private bank as it reported a 17 percent drop in annual profit on Monday. Europe's biggest bank said recent disclosures about past...

Apple Inc said it would spend 1.7 billion euros ($1.9 billion) to build two data centers in Europe that would be entirely powered by renewable energy and create hundreds of jobs. The company said the centers, in Ireland and Denmark,...

Honda Motor Co (7267.T) Chief Executive Takanobu Ito will step down in late June after six years in the top post and be succeeded by Managing Officer Takahiro Hachigo, a low-profile engineer with global experience, the company said in...

Investor sentiment in Canadian banks has begun to sour ahead of earnings this week as short interest positions in the stocks have jumped and analysts have begun to get increasingly skittish about their prospects in a weakening Canadian economy. Canadian...

The largest U.S. refinery strike in 35 years entered its fourth week as workers at 12 refineries accounting for one-fifth of national production capacity were walking picket lines as of 12 a.m. CST (0600 GMT) on Sunday, according to...

Honda Motor Co (7267.T) on Saturday praised an agreement to end a labor dispute at U.S. West Coast ports but said shipping delays will cost the company about 25,000 vehicles this month. Shipping companies and the International Longshore and Warehouse...

Lead U.S. oil company negotiator Shell Oil Co said face-to-face negotiations on Friday with the United Steelworkers union (USW) failed to yield an agreement to end the 20-day-old U.S. refinery strike. Workers at several refineries and chemical plants were waiting...

A year and a half ago, Apple Inc (AAPL.O) had applied for just eight patents related to auto batteries. Recently, it has hired a bevy of engineers, just one of whom had already filed for 17 in his former...

McDonald's Corp and its franchisees may have few options but to begin raising hourly wages as an improving U.S. economy creates competition for good workers and as mega-employer Wal-Mart Stores Inc sets a higher bar on pay, according to...

Japanese stocks rose to a fresh 15-year high on Friday with the dollar boosted by upbeat U.S. data, but continuing uncertainty over the Greek debt negotiations weighed on the euro. Spreadbetters expected a cautious start for European shares on lingering...