NEW YORK— Citigroup Inc. is selling the exclusive issuer of Diners Club cards in Japan to Sumitomo Mitsui Trust Bank Ltd.. Citi said that it will continue to serve its Japanese and non-Japanese corporate, institutional and government clients in Japan by focusing on corporate and investment banking, markets and transaction services businesses.» Read More
Strong demand for tablets such as Apple's iPad will help worldwide shipments of web-enabled devices rise in 2013, research company Gartner said on Monday.
French utility EDF and the British government have signed an agreement to build two nuclear reactors for a total cost of 16 billion pounds, EDF said in a statement on Monday.
After settling lingering issues over beef and cheese quotas, the EU and Canada inked a trade deal integrating two of the world's biggest economies.
The Obama administration was able to scrape up against the government's debt ceiling for five months before it came to the brink of default. It could have less breathing room in 2014.
Bank of America is considering a plan to introduce a checking account that curbs overdraft practices, according to a WSJ report.
A unit of British bank HSBC was hit with a record $2.46 billion final judgment in a U.S. securities class action lawsuit on Thursday.
Nestle said still-weak emerging market demand and falling prices for its products in Europe slowed underlying sales growth to 4.4 percent in the first nine months of the year.
Advance Auto Parts Inc will buy General Parts International Inc for just over $2 billion, creating the largest North American retailer of auto parts.
The United States has overtaken Saudi Arabia to become the world's biggest oil producer as the jump in output from shale plays has led to the second biggest oil boom in history.
Groups protested the government shutdown, taking down barricades around the World War Two memorial before marching to the gates of the White House.
Proxy advisory group ISS has urged Twenty-First Century Fox Inc shareholders to vote against the reelection of Chairman Rupert Murdoch and some other board members at an annual shareholders meeting this month, criticizing the company's adoption of a poison pill.
'Gravity,' a new 3D thriller about two stranded astronauts floating through space, soared to the top of weekend movie charts.
Five years after Lehman Brothers collapsed, families in major countries around the world are still too spooked to take chances with their money.
Most doubt it will happen, but banks are already gearing up for how to handle any US Treasuries tainted by missed payments.
A rare flash of bipartisanship Saturday served as a cruel tease to those hoping Congress is moving toward reopening the government.
The IRS said that it has stopped initiating new asset seizures from tax delinquents during the government shutdown.
BP won a legal reprieve in its effort to force the administrator of a settlement related to the 2010 Gulf of Mexico oil spill.
Chrysler said it will recall an estimated 132,000 sport utility vehicles globally, mostly in the United States, to address potential software problems.
Consumer goods company Unilever warned on Monday that a slowdown in its emerging markets accelerated in the third quarter and it now expects underlying sales growth of just 3 to 3.5 percent in the period.
Mazda is recalling 161,400 Mazda6 sedans in the United States because loose screws could cause the side doors to come open.