Stung by a landmark patent defeat, Western drugmakers will be wary about launching new products in India, but they cannot afford to quit a country with a market potential as large as India's.
Goldman Sachs is raising up to $600 million for a publicly-traded credit fund that will buy risky loans. What could go wrong?
Pope Francis, who has said he wants the Catholic Church to be a model of austerity and honesty, could restructure or even close the Vatican's scandal-ridden bank, Vatican sources say.
Subaru and General Motors are recalling cars to check for corroded brake lines and problems with heated steering wheels, officials said.
As reassurance to foreign firms investing in the development of NatGas reserves, the Israeli government has said it will invest in its navy.
Events like those in Cyprus will happen in more countries all over the world, said Marc Faber, contrarian investor and publisher of the Gloom, Boom & Doom Report.
Major automakers posted strong monthly U.S. car sales last month, helped by growing confidence in the recovery and demand for pickup trucks and sport utility vehicles.
New orders for U.S. factory goods rose sharply in February but a gauge of planned business spending slipped, suggesting factory activity continued to expand at a moderate pace.
President Barack Obama is leaning toward picking Caroline Kennedy to be the next U.S. ambassador to Japan, a source familiar with the process said on Monday.
North Korea said Tuesday it will escalate production of nuclear weapons material, including restarting a long-shuttered plutonium reactor, in what outsiders see as Pyongyang's latest attempt to extract U.S. concessions by raising fears of war.
A popular U.S. visa program for skilled workers is likely to hit its quota within days after its application period opens, triggering a lottery and signaling that companies feel confident about the economy.
North Korea's leader appeared to tamp down hostile rhetoric that had threatened impending war with the United States and South Korea in a key speech published on Tuesday.
Despite multiple rounds of curbs by the Singapore government to cool the red-hot real estate sector, investors remain unfazed with some buyers purchasing multiple homes, believing that prices will still head higher.
The Reserve Bank of Australia (RBA) kept interest rates on hold on Tuesday, in line with market expectations, saying that global downside risks appear to have eased and previous rate cuts are stimulating the economy.
Mining mogul Nathan Tinkler is selling Australia's largest thoroughbred racing and stud empire as he struggles to pay off debts.
Air pollution is driving expatriates out of Beijing and making it harder for companies to recruit international talent. The FT reports.
New console makers are taking on the titans of the videogame industry, betting that their cheaper, more mobile-like products will give them an edge over their bigger competitors.
Detroit may be a mess, but analysts say its automakers are in the best shape in decades. And U.S. March auto sales due out Tuesday should be strong.
Apple CEO Tim Cook apologized to Chinese consumers on Monday for confusion over its warranty policy following more than two weeks of criticism in the Chinese media of its after-sales service.
Lukoil, Russia's second-largest crude oil producer, agreed to acquire small producer Samara-Nafta for $2.05 billion from Hess as part of a long-term strategy to stabilize falling oil output.
Charts suggest the PBoC's move to cut rates will further boost an already-strong uptrend in the Shanghai Composite index.
Surprise easing from the Bank of Japan (BOJ) at the end of October fueled gains in the Nikkei, but charts indicate further upside may be limited.
Charts suggest a new upside target for the dollar-yen after fresh stimulus measures from the BOJ pushed the pair to seven-year highs.