A company statement listed a stake in Hua Xia Bank, litigation provisions and impairment of goodwill as factors in the expected charges.» Read More
London's biggest and most expensive office building, HSBC Holdings' global headquarters, is up for sale and could fetch more than $1.68 billion.
President Obama and four key European allies agreed to coordinate on a response to "impose costs" on Russia, the White House said.
Nokia completed the sale of its devices unit to Microsoft on Friday, but at a slightly higher price than expected.
General Electric is in talks with Alstom to take over its global power business. A deal could be announced in days, two sources said.
The U.S. and the U.K. have become dramatically more competitive in the manufacturing sector over the past decade, the BCG reports.
With online gambling set to be worth $39 billion by 2016, the industry is at risk of becoming a safe haven for money laundering, a new report finds.
Russia "wants to start World War III" and Moscow's veiled threats of military action could start an armed conflict in Europe, Ukraine's prime minister said.
When it comes to political passion, the forthcoming elections for the European parliament usually fail to raise interest.
President Obama wants to nudge the EU toward fresh sanctions against Russia over Ukraine.
As the worst standoff between the West and Russia since the Cold War escalates, the crisis is increasingly unnerving investors.
France's government weighed into the furore over the future of the country's struggling engineering group Alstom on Friday.
Volvo raised its outlook for the North American market on Friday after posting an expected rise in quarterly earnings.
Standard & Poor's cut its currency rating on Russia to BBB- as capital continues to flow out amid heightened tensions with the West.
If an independent Scotland gets voted in later this year, Scottish banks could be at risk of an Iceland-style collapse, a ratings agency has warned.
Kerry's statement came as tensions escalated in Ukraine and the recent agreement in Geneva teetered on the verge of falling apart.
There is a growing file of vigilante "arrests" and disappearances in East Ukraine, the Financial Times reports.
Behind-the-scenes decision-making and conflicts of interest are increasing the risk of corruption in the EU's institutions, a new report reveals.
Ukrainian forces killed pro-Moscow rebels as they closed in on the separatists' military stronghold in the east and Russia launched army drills near the border in response.
Some of the biggest names in European business have further complicated the dilemma currently facing Mario Draghi.
Barclays chiefs have told CNBC they are confident they have the support of shareholders over the bank's pay proposals, as over one third of investors failed to back the bank's pay policy.
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David Faulkner, South Africa and Sub-Saharan Africa economist at HSBC, explains why South Africa's growth has been very weak.
Spiros Malandrakis, senior alcoholic drinks analyst at Euromonitor International, explains why AB InBev’s bid was more of an account-inspired deal than a consumer trend-based one.
Richard Hunter, head of equities at Hargreaves Lansdown, says while it was disappointing that the U.S. Federal Reserve didn’t hike in September, the logic behind its decision was clear.