Corporate News
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Growth in China's increasingly important services sector ticked up slightly in January, the fourth straight monthly rise, adding to evidence that the recovery in the world's second-largest economy is a modest one.
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Symantec begs to differ with The New York Times' suggestion that it might be partially to blame for a security lapse that missed most of the intrusions from China.
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Energy Secretary Steven Chu, the Nobel-winning physicist who survived the uproar after the solar energy company Solyndra went bankrupt, is stepping down.
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CNBC's Simon Hobbs reports on EU markets moved higher on Friday after the U.S. released its jobs report.
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A suicide bomber killed a Turkish security guard at the U.S. embassy in Ankara on Friday, blowing the door off a side entrance and sending smoke and debris flying into the street.
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Edward I. Koch, the master showman of City Hall, who parlayed shrewd political instincts and plenty of chutzpah into three tumultuous terms as mayor of New York with all the tenacity, zest and combativeness that personified his city of golden dreams, died Friday morning at age 88.
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Keith McLoughlin, CEO of Electrolux, tells CNBC that Western Europe consumer demand is weak as austerity measures take hold and they expect low demand in the first half.
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Ashok Shah, CIO at London and Capital, tells CNBC that banks have been given a ¿free lunch¿ borrowing at very low cost in order to boost their profitability.
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Chris Wheeler, bank analyst at Mediobanca, tells CNBC that the big question is what state the balance sheets of European banks are in.
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Japanese automobile giant Honda disappointed markets with a trimmed forecast for 2013 this week, but the negative number masks signs of a recovery for the automaker and the rest of the nation's battered sector, said analysts.
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Steve Sedgwick takes you through the European market open, where stocks have opened flat.
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John Vail, Chief Global Strategist, Investment Strategy Group, Nikko Asset Management says although there are divergent readings between China's official readings and the HSBC PMI, both are above 50 which indicates modest acceleration in growth.
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Dell is nearing an agreement to sell itself to a buyout consortium led by its founder and Chief Executive Michael Dell and private equity firm Silver Lake Partners.
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Nigel Lawson, former Tory chancellor, has urged George Osborne to fully nationalize the Royal Bank of Scotland, attacking the banking industry's bonus culture and what he says are its overrated "star" traders, the Financial Times reports.
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UK authorities are probing an allegation that Barclays loaned Qatar money to invest in the bank as part of its cash call at the height of the financial crisis in 2008, which enabled the bank to avoid a UK government bailout.
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The pullback in activity in China's key manufacturing sector highlights the fragility of the recovery in the world's second largest economy, experts told CNBC, following the release of the official manufacturing PMI.
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More Chinese students are enrolled at American colleges than ever before, but US degrees that are not from Harvard aren't widely valued at home. The Christian Science Monitor reports
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Talk of a "Great Rotation" into equities from bonds this year as risk appetite returns is overblown, say analysts, adding that a big shift in market positioning is unlikely to come until stronger signs emerge that the global economy has turned a corner.
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Patrick Chovanec, Associate Professor, Tsinghua University says that allegations that Chinese hackers attacked the New York Times was no big surprise. He also says that China's new leaders are still obsessed about controlling the narrative on China.
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Morgan Stanley said Chief Executive James Gorman will receive a base salary of $1.5 million in 2013, nearly double the $800,000 he received last year.