*Also faces heavy losses from Ukraine investments. MOSCOW, Nov 27- A $20 billion bailout request from Russia's state development bank is raising questions about the running of a lender which helped fund the Sochi Olympics in 2014.. The descendent of a Soviet foreign trade bank, Vnesheconombank or VEB assumed a bigger role in 2007 when Russia designated it as the...» Read More
A French doctor, venture capitalist and founder of biotech company Abivax, Pouletty is working with Cuba's Center for Genetic Engineering and Biotechnology to develop a therapeutic vaccine to treat chronic Hepatitis B that could be on the Asian market in two years and in Europe after that. Instead, Abivax agreed to buy vaccines at a predetermined price and pay...
HARLAN COUNTY, KY, June 4- When Dan Mosley became head of Kentucky's Harlan County government this year, he promised- like those elected before him- to defend the state's beleaguered coal industry. Talk of an economic transition remains difficult in eastern Kentucky, where you can still spot bumper stickers that read "Mine Every Lump" and statues honor coal miners.
Toshiba is likely to mark down three fiscal years of profit by at least $419.43 million in total after an internal probe into accounting irregularities.
General Electric said it would be willing to consider concessions in order to win European approval to acquire the power equipment unit of Alstom.
Warren Buffett unapologetically defended Clayton Homes on Saturday from accusations of predatory lending.
Warren Buffett rejected the idea that Berkshire is so big that it is now too big to fail and requires tighter regulatory oversight.
3M delivered quarterly earnings and revenue that fell short of analysts' expectations on Thursday.
Vivendi has confirmed an offer to Orange, the former France Telecom, for the online video sharing platform Dailymotion.
United Technologies cut its full-year outlook because of the negative impact of a stronger dollar as the U.S. conglomerate reported higher earnings.
Activist investor Nelson Peltz stepped up his fight to break up the company, as his Trian Fund nominated himself and three other members to the board.
Hotel, energy and financial services conglomerate Loews reported a 26 percent drop in quarterly profit, partly due to lower investment income.
The German industrial conglomerate Siemens AG is near an agreement to acquire U.S. oilfield equipment maker Dresser-Rand Group for all cash
GE posted a 13 percent rise in net income, helped by increases in sales of its jet engines and oil and gas equipment.
GE boss is due in Paris on Sunday and is expected to meet France's economy minister as he closes in on a deal to buy the power arm of French engineer Alstom
GE reported a decline in net income amid lower revenue in its transportation business, yet overall industrial profit rose by 12 percent.
Carlyle Group is close to reaching an agreement to buy Illinois Tool Works Inc's industrial packaging unit for more than $3 billion, sources said.
South Korean conglomerates, known as "chaebols," have dominated the economy here for decades but as CNBC's Chloe Cho finds out, a new start-up culture is emerging.
GE Capital, the financial arm of industrial giant General Electric, will return $6.5 billion worth of dividends back to its parent company over the course of the year.
GM sales rose 6.4 percent in March - the best March in five years, but, still, below market expectation. TheStreet.com reports.
Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave (F&N) to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.