A new study suggests popular machines that take detailed pictures of the heart may be overused, inaccurate and too costly.

German engineering conglomerate Siemens AG and three of its subsidiaries agreed Monday to pay $800 million to settle U.S. bribery probes.

Canada’s Precision Drilling will buy Grey Wolf in a cash and stock deal worth more than $2 billion, apparently ending an extended fight for control the Houston gas driller.

Japan’s economy shrank for the first time in a year in the second quarter, the government said Wednesday.

Swiss Bank UBS has reached a $19.4 billion agreement to buy back bonds to settle claims that it misled investors into buying high-risk securities.

China's booming economy, a bright spot amid global gloom, is weakening in areas ranging from clothing exports to auto sales to manufacturing.

Things may be looking pretty grim for the European economy, but is there still money to be made from understanding how consumer trends are shifting? Here are some opinions on which areas might be more profitable than others in the current environment.

German engineering group Siemens posted a stronger-than-expected rise in new orders and revenue thanks to large projects in its industry and energy businesses, sending its shares up 6 percent.

German industrial conglomerate Siemens  plans to cut around 4 percent of its workforce as part of an overhaul and as a result of the global economic downturn, Siemens said on Tuesday.