Business

European aerospace company EADS (EAD.PA) plans to cut between 5,000 and 6,000 jobs and sell its Parisian headquarters as part of a restructuring program it will detail later on Monday, Le Figaro newspaper reported. Two industry sources told Reuters last...

Investors are sorely missing clarity on the world economy as the year draws to a close, and neither European finance ministers nor a new U.S. central bank president are likely to provide it. Inconclusive data in the United States has...

Most Asian share markets marched higher on Monday, energized by a potent cocktail of upbeat Chinese trade data, a weaker yen and a firm finish on Wall Street. Both the dollar and the euro extended their gains on the yen,...

When soccer teams battle for the World Cup in Brazil next year, another fight for global supremacy will be played out on the pitches - between Adidas and Nike. In the next round of their tussle to be the world's...

Chinese regulators will clamp down on banks' and companies' use of foreign currency for trade finance by ensuring that trade deals are authentic and by monitoring for unusual cross-border cash flows, state media reported. The report did not specify the...

DIRECTOR-GENERAL ROBERTO AZEVEDO GESTURES AS HE IS CONGRATULATED BY DELEGATES AFTER THE CLOSING CEREMONY OF THE NINTH WORLD TRADE ORGANIZATION (WTO) MINISTERIAL CONFERENCE IN NUSA DUA, ON THE INDONESIAN RESORT ISLAND OF BALI The World Trade Organization reached its first...

Libya has lost more than $7 billion and faces new competition from Algeria and Nigeria in oil markets due to strikes at oilfields and ports drying up exports, Oil Minister Abdelbari al-Arusi said on Saturday. A mix of militias, tribesmen...

U.S. stock index futures advanced on Friday, putting the S&P 500 on track to halt a five-session losing streak, ahead of a key monthly payrolls report that may influence expectations for when the Federal Reserve will begin to wind...

The city of Los Angeles has filed a lawsuit against Citigroup (C.N) and Wells Fargo (WFC.N), seeking damages for a loss in tax revenue due to discriminatory mortgage lending to the city's minority communities, a court filing showed. In complaints...

Consumers have feasted on discounts this holiday season, but it means thinner profit margins for retailers from Wal-Mart Stores Inc (WMT.N) to Neiman Marcus, and car makers, a red flag for investors who have ridden a sector rally all...