Business

Last year was the least tumultuous for the euro zone since Greece revealed a vast hole in its books back in 2009. The consensus is that 2014 will be just as calm - a view held by some who were...

Chipmaker Nvidia Corp gave new details of an upcoming chip with beefed-up graphics for mobile gadgets and cars as it faces a slowing personal computer industry and harsh competition in smartphones and tablets. The K1 is Nvidia's first mobile chip...

Growth in China's services industries slowed in December, a pair of surveys showed, mirroring a slowdown in manufacturing and confirming views that the world's second-largest economy lost steam at the end of last year. The HSBC/Markit Economics services Purchasing Managers'...

China's cabinet has issued new rules to strengthen regulation of the shadow-bank lending that has helped fuel an explosion in debt levels since 2008, in the latest effort to address growing financial risks, sources told Reuters on Monday. The wide-ranging...

German banking watchdog BaFin criticized Deutsche Bank's (DBKGn.DE) management for the way it responded to a probe into manipulation of the Libor benchmark interest rate, according to German magazine Der Spiegel. BaFin and other regulators are investigating more than a...

If pension funds, insurers and sovereign wealth funds were hoping to cash in on lending "high quality" assets to those scrambling to meet tougher collateral requirements in 2014, they are likely to be disappointed. The phasing in of the U.S....

As investors prepare to digest the latest round of company earnings figures, Britain's move to scrap the quarterly reporting requirement has revealed a divergence of opinion between the domestic and U.S. investment communities. While British investors endorse what they perceive...

Taiwanese smartphone maker HTC reported a worse than expected net fourth-quarter profit on Sunday, despite aggressive cost cutting and a one-time gain. The company reported net profit of T$0.3 billion ($10 million), compared to a net loss of T$2.97 billion...

Boeing's machinists on Friday narrowly approved a crucial labor contract that secured thousands of jobs and billions of dollars of economic activity for Washington state but will cost workers their pensions. The vote of 51 percent to 49 percent to...

The Federal Reserve could well consider cutting its bond-buying by more than a $10 billion monthly increment in the future, Philadelphia Fed President Charles Plosser said on Saturday, floating $25 billion as a hypothetical amount. The U.S. central bank trimmed...