WASHINGTON, May 22- President Barack Obama scored a major victory on Friday when the U.S. Senate voted to give him "fast-track" powers that would help wrap up negotiations on a 12- nation Pacific Rim trade deal central to projecting American influence in Asia. The Senate voted 62-37 to approve the Trade Promotion Authority bill, or fast-track as it is known in...» Read More
Venezuela's state-run oil company is seeking offers for its U.S. unit Citgo Petroleum in a deal that could fetch up to $10 billion.
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.
Google will have to make more concessions to settle a four-year-old probe in Europe into alleged abuse of its dominant position in the internet search and advertising business.
Alibaba founder Jack Ma surprised potential investors at an event in New York by addressing governance concerns over the Chinese e-commerce giant.
A federal lawsuit filed on Monday accuses Walt Disney Co, Sony Pictures and others of conspiring to suppress wages in the industry through "no-raid" agreements.
The UK is scrambling to respond to a move towards Scottish independence by promising new powers for Scotland if it chooses to stay within the UK.
Apple has invited top fashion editors in unprecedented numbers to its Tuesday launch, further evidence that it is preparing to unveil a smartwatch.
The leak of racy celebrity photos has put Apple in the unusual position of having to mend its image just before a highly anticipated product launch.
Former U.S. House Majority Leader Eric Cantor will join investment bank Moelis & Co as vice chairman and managing director, the company said.
Draghi said it would be "helpful for the overall stance of policy" if fiscal policy could play a greater role alongside the ECB's monetary policy.
Satomi Inokoshi worries that her hometown is being spoiled by newcomers that have rolled into Iwaki since the Fukushima nuclear disaster.
Finnish Prime Minister Alexander Stubb said European Union leaders would not decide on sanctions against Russia at a summit in Brussels on Saturday.
India's Reliance Industries plans to invest about $13 billion in energy projects, including a 400,000 barrels per day crude refinery.
Stung by the loss of the IPO of Chinese e-commerce firm Alibaba, the Hong Kong stock exchange took a step towards loosening its listing rules.
Brazil suffered a recession in the first half of the year as investment plunged and the country's hosting of the World Cup suffocated economic activity.
Morgan Stanley plans to build and run a U.S. compressed natural gas export facility, even as it sells its physical oil business.
BP said its largest U.S. refinery, at Whiting, Indiana, continued to operate on Thursday morning following a blaze the night before.
The companies confirmed late on Sunday that they were discussing a takeover of Tim Hortons by Burger King.
The real headache for many travelers is a quickly-growing list of hotel surcharges, even for items they never use.
Amazon is planning to develop its own software for placing advertisements online, The Wall Street Journal reported.