Business

Julius Baer (BAER.VX) paid Chief Executive Boris Collardi 11 percent less last year than in 2012, including a voluntary cut after shareholders rejected his pay package last year. The Swiss private bank said it paid Collardi 5.89 million Swiss francs...

Manufacturing activity among Asia's major export economies stumbled in February, led by China where data suggested growth in the factory sector was stalling. New export orders in China fell in February compared with January and growth in overseas demand for...

In the biggest management reshuffle at Microsoft Corp since Satya Nadella took over as its chief executive, two top executives, Tony Bates and Tami Reller, will leave the company while a former Clinton family aide will become its chief...

China's services sector regained some momentum in February but its manufacturing sector struggled, separate surveys showed on Monday, with the divergence adding to the difficulty in assessing the strength of the economy at the start of 2014. Data for the...

...As marketers blame scarcity on stranded ships on nation’s waterways BEVERLY HILLS, March 01, (THEWILL) – Officials of Department of Resource (DPR) weekend warned filling stations operating in Warri, Delta State not to hoard fuel. They were also warned not...

Uniqlo parent Fast Retailing Co Ltd (9983.T) and South Korean fashion conglomerate E.Land Group are separately exploring a deal for large U.S. apparel chain J.Crew Group Inc, people familiar with the matter said. J.Crew, which was taken private by TPG...

The World Bank has postponed a $90m (£54m) loan to Uganda over its tough new anti-gay law that has drawn criticism from around the world. World Bank officials said they wanted to guarantee the projects the loan was destined to...

European stocks reversed course and fell on Friday, and the euro rose to its highest level this year after an unchanged reading of euro zone inflation cooled growing expectations the European Central Bank could ease monetary policy as early...

The U.S. government is set to slash its estimate of fourth-quarter growth as exports and restocking by businesses were less robust than previously thought, leaving the economy on a more familiar path of modest expansion. Gross domestic product growth will...

Mt. Gox, once the world's biggest bitcoin exchange, filed for bankruptcy protection in Japan on Friday, saying it may have lost nearly half a billion dollars worth of the virtual coins due to hacking into its faulty computer system. The...