*Zhang most recently worked with Credit Suisse. *Neil Harvey to serve as Credit Suisse's Greater China CEO. Zhang, who mostly recently served as the co-chief executive officer for Greater China at Credit Suisse, will help Blackstone to expand its presence in the region, the statement added.» Read More
Recent data show that the slowdown in the Italian economy has ended, Italy's Economy Minister Pier Carlo Padoan said in an interview on Tuesday.
The board of American Apparel has received a letter from British buyout firm Lion Capital, pushing it to explore strategic options include a sale.
China's trade will grow 3.5 percent in 2014, implying it will miss official targets, according to a report on a government website that was later revised.
Japan approved $29 billion of stimulus spending to help lagging regions and households, but analysts are skeptical of how much of a growth boost it will offer.
Thailand's central bank said the country's economy will barely grow this year and cut its 2015 forecast, mainly on expectations exports will remain lackluster.
Skepticism is growing over a $50 billion project to build a canal across Nicaragua, a project spearheaded by a little-known Chinese businessman.
A bankruptcy court has allowed defunct video streaming company Aereo Inc to auction its TV streaming technology assets, court papers show.
Standard & Poor's Ratings Services is nearing a settlement with regulators over how the company graded real-estate bonds.
Sony Corp is considering a sale of its Sony/ATV Music Publishing unit, which owns the rights to most of the Beatles' songs, WSJ reports.
U.S. drugstore chain operator Walgreen reported a 16 percent rise in quarterly profit, helped by a record number of prescriptions filled.
Shipping lines and terminal operators at 29 U.S. West Coast ports requested federal mediation on Monday in their contract talks with the union for 20,000 dockworkers.
Red Hat reported quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions.
CarMax on Friday reported profit of $130 million in its fiscal third quarter.
Accenture raised its revenue forecast for fiscal 2015 after contract wins helped it post better-than-expected first-quarter earnings and revenue.
Joy Global, which gets more than 60 percent of its revenue from coal miners, reported a 4 percent fall in revenue as customers cut production.
Chinese Internet giant Baidu Inc confirmed on Wednesday it is buying a stake in fast-growing international car-hailing service Uber.
The U.S. confirmed steep import duties on solar products from China and Taiwan on Tuesday which could inflame trade tensions between the countries.
VeriFone reported earnings of $31.1 million. For the current quarter ending in January, VeriFone expects its per-share earnings to be 40 cents.
3M said it expected organic sales to rise 3 percent to 6 percent in 2015, excluding the effect of foreign exchange rates.
Some of the nation's top oil states are showing early signs of a slowdown as a result of the plunge in crude prices.