*Local drugs intensify competition as China squeezes prices. SHANGHAI, Nov 29- China, already a global powerhouse in high-tech areas from solar panels to bullet trains, is turning its industrial might to the challenge of making more of its own drugs for a vast and aging population. That has made China a sweet spot for Denmark's Novo Nordisk; the world's biggest...» Read More
Annual profit at Britain's fourth biggest grocer Morrisons slumped 52 percent to an eight-year low, damaged by a strategic decision to slash prices.
Recording stars Robin Thicke and Pharrell Williams will contest the $7.4 million jury verdict that found they plagiarized Motown soul great Marvin Gaye.
Some foreign banks are tightening lending criteria for China's state-owned enterprises, even for borrowers previously seen as safe as government debt.
China's officials are turning to Japan for economic history lessons, determined to avoid the long recession and deflation that blighted its neighbor.
Former HHS Secretary Donna Shalala has been tapped to run the Clinton Foundation as Hillary Clinton prepares for her 2016 presidential bid.
Germany's parliament passed legislation on Friday requiring major companies to allot 30 percent of seats on non-executive boards to women.
German carmaker BMW said its talks with technology giant Apple did not involve developing or building a car, denying a German magazine report.
The former group treasurer and head of tax at WM Morrison Supermarkets has been sentenced to 12 months in jail for insider trading.
Alibaba Group Holding will provide Taiwan with the information required about its business, Executive Chairman Jack Ma said on Tuesday.
Ukraine came under greater economic pressure after unexpectedly banning most currency trading and then abruptly reversing course.
The ECB is willing to again accept Greek bonds for funding if Athens keeps to reform pledges, its president said.
Apple has been ordered to pay $532.9 million after a federal jury found iTunes software infringed patents owned by patent licensing firm Smartflash.
President Barack Obama warned on Monday that a partial shutdown of the Department of Homeland Security would hurt the U.S. economy.
Daimler's Mercedes-Benz is recalling more than 147,000 mid-size sedans and station wagons from 2013-2015 to check for risk of engine fires.
Foreign investors will from next week be able to short sell select mainland Chinese shares via the Hong Kong-Shanghai trading link.
Modi is looking to reverse India's effective ban on genetically modified food crop trials in a bid to boost the country's dismal farm productivity.
Gemalto said on Friday it was investigating a report U.S. and British spies had hacked its systems.
Following is the text of a letter sent by Greek Finance Minister to his Dutch counterpart Jeroen Dijsselbloem, president of the Eurogroup.
An Indonesian telecom found a way to restructure its debt over creditor objections: it loaned itself money and counted its own votes toward approval.
Indonesia's central bank surprised markets by cutting its benchmark interest rate on Tuesday by 25 basis points.