BEIJING, March 2- Activity in China's factory sector edged up to a seven-month high in February but export orders shrank and deflationary pressures persisted, a private business survey showed on Monday, underlying economic fragility that may need more policy support. China's central bank cut interest rates on Saturday, just days before the annual meeting of...» Read More
SEC nominee Mary Jo White told lawmakers on Tuesday she does not believe her prior work defending big Wall Street clients will hinder her ability to lead the agency.
China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
Prominent short-seller David Einhorn raised eyebrows last month when he popped up on Twitter to disavow that he had tweeted about Herbalife.
Wall Street commodity revenues crashed last year to their lowest on record, as tighter regulation and limited price swings squeezed the once dominant traders of Goldman Sachs Group, JPMorgan Chase and Morgan Stanley.
Seven foreign hostages kidnapped last month by a Nigerian Islamist group from a construction firm's compound have been killed, the Italian and Greek Foreign Ministries said.
The U.S. government's civil fraud lawsuit against S&P relies heavily on emails in which employees voiced doubts about the integrity of the agency's ratings. But S&P may still come out on top.
Tourism in Greece is bouncing back this year in an otherwise flat European market, held back by the weak economic climate, travel industry executives said.
At least two dozen heads of state were due to attend Hugo Chavez's funeral on Friday during an outpouring of grief for the charismatic but divisive Venezuelan leader who changed the face of politics in South America.
J.C. Penney agreed on Thursday not to sell products designed by Martha Stewart in categories deemed exclusive to Macy's before a court date in April. The case was postponed due to scheduling conflicts.
Planned layoffs rose for the second month in a row in February as the financial sector cut the most employees in over a year, a report showed on Thursday.
Nasdaq OMX Group said it will form a joint venture with SharesPost to establish a marketplace for private companies. The stock exchange operator will retain a majority stake in Nasdaq Private Market.
Apple has held talks with Beats Electronics on a potential partnership involving Beats' planned music-streaming service, three people familiar with the situation told Reuters.
President Obama made three major personnel appointments Monday, nominating Walmart's philanthropic head Sylvia Mathews Burwell as White House budget director, Gina McCarthy to lead the EPA and physicist Ernest Moniz to head the DOE.
HSBC and Standard Chartered will report a reduction in their bonus pools, reflecting separate settlements with U.S. authorities over probes into money laundering and sanctions violations, Sky News reported on Sunday.
As U.S. authorities grapple with how to regulate the use of unarmed drones in U.S. skies, a small network of police, first responders and experts is already flying unmanned aircraft.
Las Vegas Sands said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.
Just hours after across-the-board spending cuts officially took effect, Barack Obama pressed Congress to work with him on a compromise to halt a fiscal crisis he said was starting to "inflict pain" on communities.
It's on: President Obama on Friday signed an order that starts putting into effect across-the-board budget cuts known as the "sequester" after he and congressional leaders failed to find an alternative budget plan.
Goldman Sachs Group Inc reduced its risk-taking for a third straight year, with potential losses from trading dropping to the lowest level in seven years.
The risk that Britain is entering its third recession in four years grew with manufacturing shrank unexpectedly last month and mortgage approvals for home buyers dropped in January.