Business

U.S. stocks fell on Wednesday after minutes from the Federal Reserve's last meeting said the central bank could begin to scale back its stimulus program at one of its next few meetings. While Fed officials said such a move would...

Federal Reserve officials felt they could decide to start scaling back the U.S. central bank's massive asset-purchase program at one of its next few meetings provided this was warranted by economic growth. Minutes of the Fed's October 29-30 policy meeting,...

Investors locked in some of the gains that have taken world stock markets to six-year highs on Wednesday as they waited to see what the mood was like at the U.S. Federal Reserve's most recent meeting. European shares fell for...

British Prime Minister David Cameron said on Wednesday that investigators must find out how disgraced former banker Paul Flowers was allowed to hold his position as chairman of Britain's Co-operative Bank. Cameron said the bank had been "driven into the...

Staples Inc (SPLS.O), the largest U.S. office supply retailer, reported lower-than-expected third-quarter sales, citing weak demand and a stronger dollar. The company, however, stuck to its full-year forecast, saying it was driving growth online and in new categories. Staples, whose shares...

Hundreds of workers shouted slogans on Wednesday outside a Nokia factory in southern China to protest against what they called unfair compensation after the company sold its mobile telephones business to Microsoft Corp. Lack of trust in employers has often...

Carlos Ghosn, the CEO of Renault SA (RENA.PA) and Nissan Motor Co (7201.T), said he was unfazed by delays in his electric vehicle sales targets, predicting rivals would face even greater obstacles in their plans to launch fuel cell...

KAYODE AKINKUGBE, MD FBN CAPITAL   SAN FRANCISCO, November 19, (THEWILL) -  The convention of strategic investor conferences would accelerate ongoing efforts geared towards enhancing national economic growth and development, Mr. Kayode Akinkugbe, Managing Director, FBN Capital has said, according to...

World shares edged back from near six-year highs on Tuesday amid investor concerns that the latest rally may have been overdone, while optimistic comments about the U.S. economy helped limit the dollar's losses. Caution swept the equity markets after U.S....

China's officials indicated on Tuesday how they plan to steer reforms on interest rates, the currency and stock markets, following a top-level party meeting that promised sweeping changes over the next decade. Following up on that, central bank chief Zhou...