Business

British bank Barclays (BARC.L) was fined 38 million pounds ($62 million) on Tuesday for exposing customers to unnecessary risks by failing to ensure client assets were properly safeguarded and adequate records kept. Imposing its highest fine for client asset breaches,...

Chinese companies traded in the United States were lower on Monday, dropping heavily after China's finance minister indicated that the country would not increase its stimulus measures. Recent data in China has been weak, leading many analyst to lower their...

Alibaba's initial public offering now ranks as the world's biggest at $25 billion, netting underwriters of the sale a more than $300 million windfall after the e-commerce giant and some shareholders parted with additional shares. The fees are equivalent to...

Chrysler Group is recalling an estimated 230,760 sport utility vehicles globally to install a new part to prevent a fuel pump issue that could cause the vehicles to stall or not start. Chrysler, a unit of Fiat (FIA.MI), said it...

Germany's Siemens (SIEGn.DE) has agreed to buy U.S. oilfield equipment maker Dresser-Rand (DRC.N) for $7.6 billion in cash, aiming to catch up with arch-rival General Electric (GE.N) in a booming U.S. shale gas market. The acquisition, which ranks among the...

… Daily flights to operate with a Boeing 777-200ER SAN FRANCISCO, September 21, (THEWILL) – Only two months after launching its operations to Abuja, Emirates, a global connector of people and places, has announced it will upgrade the route’s operating aircraft...

Financial leaders of the Group of 20 top economies remain committed to chasing higher global growth, but were divided on how to achieve it as Germany pushed back at calls from the United States and others for more immediate...

Air France pilots have voted to extend their week-long strike over cost cuts and plans for the company's Transavia unit by a further four days until Sept. 26, the head of the SNPL union said on Saturday. More than four-fifths...

Holly Riggle, a 29-year-old white-collar worker from Ohio, is just the kind of everyday customer Apple Inc (AAPL.O) would love to have for its new iPhone 6, which launches Friday. But Riggle is sticking to her Android smartphone, calling Apple...

China fined GlaxoSmithKline Plc (GSK.L) a record 3 billion yuan ($489 million) on Friday for paying bribes to doctors to use its drugs, underlining the risks of doing business there while also ending a damaging chapter for the British...