Business

British oil firm BP (BP.L) said it was considering its options after a U.S. appeals court rejected its bid to block businesses from recovering money over the Gulf of Mexico spill even if they could not trace their economic...

French carmaker Renault (RENA.PA) has trimmed its growth forecast for the global market this year, in a sign the industry is becoming increasingly worried about volatile emerging markets even as demand in Europe starts to pick up. Renault sales chief...

Volkswagen's (VOWG_p.DE) efforts to move into no-frills vehicles are stalling as the German carmaker is struggling to meet cost targets for its first budget car, a VW brand executive told Reuters on Tuesday. "It's becoming more and more difficult" to...

India's trade minister on Tuesday accused the United States of excessive trade protectionism, launching a broadside that coincided with the visit of a top U.S. official to patch up a stormy bilateral friendship. Trade Minister Anand Sharma, speaking at a...

World shares and hard-hit Russian assets rebounded on Tuesday after Russia's president ordered troops in military exercises to return to base in what was seen as a dampening down of immediate tensions in the East-West crisis over Ukraine. Russian stocks...

BEVERLY HILLS, March 03, (THEWILL) – The 2014 Forbes Billionaires’ List, which was released recently, ranked the President/Chief Executive, the Dangote Group, Alhaji Aliko Dangote, 23rd in a list of 1,645 richest people in the world, with a personal...

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...