Italy's two biggest banks are teaming up with a U.S. private equity house and a restructuring adviser for a bad loan vehicle, the FT reports.
Following the stellar debut of Weibo, Chairman Charles Chao said that in retrospect the initial public offering was priced too low.
After the Spectrum sweater factory collapsed in 2005, killing 64 workers, hardly anything changed to improve factory safety in Bangladesh.
Gold prices fell to a near-three-week low on Monday. For those with an eye on silver the erosion of gold's recent gains should come as no surprise.
McDonald's reported a lower quarterly profit as sales at the fast-food chain's established U.S. restaurants fell more than expected.
Dutch electronics conglomerate Philips reported a dip in net income on Tuesday, but its CEO was upbeat on Europe's outlook.
Ahead of Obama's visit to Japan this week, U.S. Senator Roger Wicker told CNBC he wasn't optimistic that any progress would be made on the TPP.
With Chinese tourists venturing ever further afield, Chinese tycoon Huang Nubo is betting they'll start adding Scandinavia to their bucket lists.
Older villagers knew the eel fisherman's boy who would become one of China's most fearsome men. "All three brothers were good people," said a neighbor.
As Obama visits, Japan is accelerating the pace of negotiations on economic partnerships to open its economy further, says Prime Minister Shinzo Abe.
A devastating disease is putting the world's banana crop at serious risk and threatening the income of millions of people.
The latest evidence that some people just can't get enough comes from investors who are still afraid of the stock market—despite a 180 percent gain.
Prosecutors believe a South Korean ferry carrying hundreds of children and their teachers last week capsized after turning at too high a speed.
Jen Psaki of the State Department suggested that Vladimir Putin could be sanctioned by the US over the crisis in Ukraine, but not immediately.
Japan overhauled the world's biggest public pension fund in a push toward Prime Minister Shinzo Abe's goal of a more aggressive investment strategy.
German car maker Volkswagen's business is falling short of expectations in Russia, its CEO told CNBC at the Auto China show on Sunday.
For the first time in several years, Europe's IPO market looks hotter than America's. It could last for some time.
The amount Amazon reports through a tax-exempt vehicle in Europe has dropped in the past two years, after the IRS tightened rules.
The eurozone periphery countries will have debt payments more than three times as much as the rest of the single currency area.
Swiss watch exports to China saw a bumper 49 percent rise in July from the same time last year, industry figures show.
The Ukrainian government needs “Russian influence” to deal with the problems within its borders, one of its most senior members said.
Following Robert Shiller's warning on markets, a fellow Nobel winner has said regulation is curbing already "stunningly sluggish" US growth.
As the war of words between Australian dollar bears and bulls continues charts indicate that the bears may have the right call in the short term.
Investors are wondering whether the S&P 500 can sustain its momentum amid worries that the rally in U.S. stocks may be testing its limits.
The dollar rose against the yen leading investors to question whether a sustainable uptrend is at hand or if this is another false dawn.