Business

World shares were in limbo and the dollar hovered near a 7-1/2 month low on Thursday, as investors eyed the latest battle over the U.S. budget with uncertainty. Tokyo stocks bucked the trend, however, rallying as talk of a corporate...

Barclays Plc will stop offering wealth management services in about 130 countries by 2016 and cut jobs in the unit as part of an effort to rein in costs and boost profit. "This is part of our new strategy, focusing...

Fairfax Financial Holdings Ltd Chief Executive Prem Watsa said on Wednesday he is confident the consortium he leads can find the money to fund its $4.7 billion bid for smartphone maker BlackBerry Ltd. "We wouldn't put our name to such...

South Korea's decision to reject a bid by Boeing (BA.N) to supply 60 warplanes and to re-issue a tender was made in the interests of stealth technology but may not be justified given North Korea's weak air capabilities, experts...

Nissan Motor Corp (7201.T) will recall around 908,900 vehicles globally including 764,800 in Japan due to a flaw in an accelerator sensor that could cause the engine to stall, the Japanese carmaker said on Thursday. No accidents or injuries have...

The dollar fell and world shares held near a one-week low on Wednesday as concerns over a potential government shutdown in Washington and mixed signals on U.S. monetary policy kept investors on edge. A United States Senate vote is due...

The world's biggest banks would need to boost their capital by 115 billion euros ($155 billion) to comply with tougher rules and more than 60 percent of that shortfall is in Europe, where lenders have been slower to strengthen. The...

Norwegian Air Shuttle (NWC.OL) will meet U.S. plane maker Boeing (BA.N) executives in Oslo on Wednesday to discuss the repeated technical problems with its two Dreamliners. "We expect them to take criticism seriously, take their share of responsibility and come...

General Motors' (GM.N) loss-making European brand Opel is investing 130 million euros ($175.4 million) in its German engine and parts plant in Kaiserslautern to buy new tooling and machinery, Opel said in a statement on Wednesday. The factory, opened in...

Samsung Electronics Co Ltd is seeking to dazzle followers of the phablet with bigger screens, and even possibly with a curved one, in its attempt to fence off a segment of smartphones once mocked for their girth and size. Phablets,...