DUBAI, Dec 9- Three state-owned Gulf firms are considering a joint bid for a minority stake in Occidental Petroleum Corp's Middle East and North Africa unit, a deal that could be worth between $8 billion and $10 billion, three banking sources said.» Read More
Finnish mobile phone maker Nokia trimmed its losses in the first quarter, thanks to stronger Lumia smartphone sales.
Tesco, Britain's biggest retailer, will exit its loss-making business in the United States, taking a $1.5 billion write-off.
Spanish fishing firm Pescanova shareholders' anger mounted over accounting failings and the chairman's undeclared sale of shares in the period leading up to insolvency proceedings.
Italy has raised its debt issuance target for this year by nearly 10 percent and is hoping to tap demand from Asian investors to meet the goal, its head of debt management told Reuters on Tuesday.
France found more cases of illegal horsemeat in beef products than any other EU country, early results of DNA tests ordered in the wake of the scandal showed.
The Supreme Court will hear arguments in a case that calls into question whether DNA can be claimed as intellectual property, and remain off limits without the permission of the patent holder.
The political establishment has dismissed Germany's new anti-euro party as a fear-mongering populist aberration that could implode even before a looming federal election.
Nicolas Maduro squeezed out a small-margin victory in Venezuela's presidential elections Sunday, securing the ruling socialist party's control over the oil-rich nation through 2019.
As grumbles about inflation risk grow louder, several Fed doves spoke out over the weekend, saying everyone relax -- we should watch inflation but it's not a huge risk just yet.
Mark Zandi, a well-known economist, is a front-runner to lead the U.S. housing regulator and oust Edward DeMarco, who critics say hasn't done enough to aid homeowners, the Wall Street Journal reported.
Goldman Sachs Group Inc's board awarded Chief Executive Lloyd Blankfein a 75 percent increase in compensation, to $21 million, for 2012 - including pay, bonus and restricted stock award.
LJUBLJANA (Reuters) - Slovenia, struggling to avoid following Cyprus into a bailout, announced plans on Thursday for the early rollover of debt maturing in June.
Expectations for a rate cut in the euro zone soon and domestic bond purchases announced by the Bank of Japan have lifted the mood on debt markets, pushing investors to take more risk in exchange for higher returns.
Deutsche Telekom sweetened its terms for the proposed merger between T-Mobile USA and MetroPCS Communications by reducing the combined company's debt.
General Motors renewed a commitment to its loss-making European brand on Wednesday, pledging to invest 4 billion euros ($5.2 billion) in Opel by the end of 2016 to support new model launches.
Portugal's prime minister told his country Sunday to brace for even harder times after a court ruling forced his government to find more savings through steep spending cuts.
Chinese leaders didn't directly name North Korea but everyone knew who they meant when the warned against "troublemaking on China's doorstep."
Former News Corp President Peter Chernin bid around $500 million for Hulu, the online-video streaming service he helped create in 2007, according to two sources with knowledge of Hulu's sale process.
A Portugal court rejected four out of nine contested austerity measures from this year's budget in a ruling that deals a blow to government finances, but is unlikely to derail the bailed-out country's reforms.
Airbus recaptured the aircraft industry's top spot in the first quarter as U.S. rival Boeing fell behind on orders and grappled with the grounding of its newest jet.