Business

U.S. job growth likely picked up a bit in September, suggesting the economy enjoyed rising momentum before an acrimonious budget fight in Washington took some of the wind out of its sails. Nonfarm payrolls are expected to have increased by...

U.S. safety regulators have opened an investigation into an estimated 40,000 Hyundai Genesis cars from model year 2009 in the United States for potential brake problems. The U.S. National Highway Traffic Safety Administration opened a preliminary evaluation after receiving 23...

Global shares hovered at five-year highs on Monday while the dollar edged up against the yen as investors looked ahead to a deluge of U.S. data for clues on when the Federal Reserve will begin scaling back its stimulus. Many...

Philips (PHG.AS) reported a near-tripling in third-quarter net profit, beating forecasts and pushing its shares to their highest since mid-2010 after two years of cutting costs, selling weak businesses and targeting new products at emerging markets. The Dutch firm once...

Halliburton Co (HAL.N), the world's second-largest oilfield services company, on Monday reported a 17 percent rise in quarterly profit, lifted by especially strong performances in international markets such as Russia, Saudi Arabia and Angola. REUTERS

A few months ago, a group of Wall Street banks fashioned a risk-manager's worst nightmare to determine how they would survive. Luckily, it was all pretend. In a staged simulation called Quantum Dawn 2, bank executives in charge of operations,...

The S&P 500 closed at a record high for the second straight day on Friday to cap its biggest weekly gain in three months as stronger-than-expected earnings from Google, Morgan Stanley and others overshadowed worry that earnings growth was...

The Multi Commodity Exchange of India Ltd (MCEI.BO) said on Saturday its managing director and chief executive officer, Shreekant Javalgekar, had submitted his resignation from the company, in which Financial Technologies (FITE.NS) holds a 26 percent stake. It did not...

Expectations the Federal Reserve will keep its stimulus in place for longer following the confidence-sapping U.S. fiscal impasse pushed world shares to a five-year high and the dollar to an eight-month low on Friday. An acceleration in China's giant economy...

General Electric Co (GE.N) said on Friday that third-quarter profit and revenue fell, mainly due to its shrinking finance business and the negative effects of foreign currency. However, the U.S. industrial conglomerate posted a record backlog of orders and said...