CARACAS, Oct 22- Venezuelan state oil company PDVSA plans to invest $20 billion to expand its domestic refining capacity by 20 percent, a company official said on Wednesday, without providing a time frame for when the investments would take place. The OPEC nation has in recent years announced aggressive expansion plans for its oil industry that have not come to...» Read More
Entertainment-to-telecoms conglomerate Vivendi said on Tuesday it could give no full-year group outlook until it had more clarity on key asset sales, prompting its shares to slip.
Prime Minister Shinzo Abe is seeking to put at the top of the Bank of Japan two officials with different views on how to beat deflation, which could complicate decision-making in an already split board.
Cypriot president-elect Nicos Anastasiades faces weeks of difficult talks with foreign lenders on a financial rescue for the island nation after sweeping to a resounding victory in a run-off election on Sunday.
Central bank insiders interviewed by Reuters say the People's Bank of China (PBOC) is the country's most potent force for reform in the face of powerful vested interests.
Silvio Berlusconi's resurgence and the rise of a foul-mouthed populist comedian have thrown Italy's weekend election wide open, with deep uncertainty over whether the poll can produce a positive outcome.
Prime Minister Shinzo Abe wants to spend more than $100 billion on infrastructure in the next 15 months to help revive his country's economy. But does the ultra-modern nation need it?
China's central bank governor, Zhou Xiaochuan, is set to keep his job next month despite reaching the mandatory retirement age of 65, in a bid by Beijing's new leaders.
The Justice Department and AB InBev asked a court for a short delay as the Budweiser parent seeks to save a $20 billion beer deal.
The government's sale of a $10 billion stake in Japan Tobacco, the world's third-largest tobacco company, is expected to kick off within days after bankers met on Tuesday over deal details.
Global miner BHP Billiton appointed the head of its non-ferrous business as its new chief executive on Wednesday to replace Marius Kloppers.
David Einhorn reiterated his arguments that a judge should block a shareholder vote on Apple's proposal to eliminate its ability to issue preferred shares without investor approval.
Ford, PSA Peugeot Citroen and Toyota led European car sales to a new low in January, kicking off 2013 with an 8.5 percent decline, the Association of European carmakers said on Tuesday.
Japanese Prime Minister Shinzo Abe is out to prove that the man who threw in the towel after barely a year in office has what it takes to survive as a long-term leader.
Chinese telecommunications company Huawei said on Monday it had not worked with an institute in Singapore on any projects in the specialist field of an American engineer who died mysteriously last year.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
Former top financial bureaucrat Toshiro Muto is the leading candidate to become Japan's next central bank governor with Prime Minister Shinzo Abe to pick a nominee as early as this week.
Investors are betting Indian bonds are set for their biggest rally since the global financial crisis, wagering that a government will put fiscal discipline ahead of election largess.
Owned by art, film and real estate mogul Zhang Baoquan, Tree Resort World on Sanya Bay bar marks the Chinese government's first tacit approval of a gaming concept outside of Macau.
Kraft Foods Group said fourth-quarter revenue likely declined about 11 percent from a year earlier due to reductions in trade inventories, but raised its forecast for 2013.
Greece is pinning its hopes of boosting revenue from an antiquated tax system beset by massive evasion on Harry Theoharis, a boyish-looking 42-year-old who describes himself as an "IT monkey."