Morgan Stanley’s quarterly profit fell short of expectations as bond trading revenue slumped more than rivals and its wealth management business faltered, sending its shares down […]
Sears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the once iconic U.S. retailer after presenting an improved offer of $5.2 billion, Sears […]
Japan’s Hitachi Ltd put a $28 billion nuclear power project in Britain on hold on Thursday, dealing a blow to the country’s plans for the replacement […]
Concern over China’s economic outlook and possible U.S. tariffs on European cars dragged stocks lower on Thursday, while an anti-climactic end to the latest chapter in […]
U.S. stocks dipped at open on Thursday, retreating from one-month highs, hit by losses in financial stocks after Morgan Stanley’s weak results and energy shares hurt […]
China’s Foreign Ministry said on Thursday that proposed U.S. legislation targeting Huawei, ZTE and other Chinese telecommunications equipment companies was due to “hysteria”, and urged U.S. […]
An array of crises will keep several world leaders away from the annual World Economic Forum in Davos next week, which takes place against a backdrop […]
Renault executives and French government officials were planning to meet Nissan CEO Hiroto Saikawa in Japan on Thursday, Japanese media said, as the automakers consider their […]