RABAT, Morocco— Morocco has become the latest Muslim-majority country to authorize Islamic banks, amid growing market demand for Sharia-compliant banking. Among them are leading national banks Attijariwafa, linked to the royal family, state-owned Banque Centrale Populaire and private BMCE Bank of Africa. Morocco had been reticent about Islamic finance,...
Hospitals that benefited under Obamacare likely will see a reversal of fortune and there are new risks for already struggling insurers.
A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.
The "Halftime Report" traders give three under-the-radar trades for the second half of the day.
Fifteen of the world's largest banks are under investigation on suspicion of rigging the Brazilian currency, antitrust watchdog Cade said.
Despite losing in court, Obamacare critics said the law still has deep flaws.
A major Supreme Court case that threatens to remove financial aid for most HealthCare.gov customers could affect hospitals' bottom lines.
This year’s flu season is shaping up to be as bad as expected. That's good news for drug stores, but insurers and others could suffer.
The head of Medicare reversed two decisions to halt payments to health providers after being contacted by elected officials, The Wall Street Journal reported.
Royal Bank of Scotland admitted it submitted erroneous data for European bank stress tests in October and had in fact only just scraped through.
Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.
Royal Bank of Scotland will release £800 million from provisions it had set aside to cover losses on bad loans.
Alibaba has received enough orders for its initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said.
Alibaba founder Jack Ma surprised potential investors at an event in New York by addressing governance concerns over the Chinese e-commerce giant.
Hospitals in states that expanded Medicaid are reaping financial benefits in excess of original estimates, a new report found.
The real headache for many travelers is a quickly-growing list of hotel surcharges, even for items they never use.
Apple suppliers are scrambling to get enough screens ready for the new iPhone 6 smartphone ahead of next month's expected launch.
It's hard to find investors and analysts who aren't bullish on health care. But how does the prognosis look for the rest of the year?
Demand is up for sand used in fracking, which blasts it into wells to crack rock and release oil and natural gas.
Hudson's Bay says it will sell its flagship downtown Toronto store and neighboring office tower to commercial real estate owner Cadillac Fairview.