Fed up with Facebook, U.S. fund managers look for alternatives

Concerns about the social media giant’s declining profit margins and battered reputation have prompted 93 U.S. mutual funds to completely […]

India’s crude oil imports rise to highest level in at least 7 years

India’s crude oil imports in October rose to their highest level in at least more than seven years, data from […]

Wells Fargo plans 1,000 U.S. job cuts

Wells Fargo & Co said on Thursday it notified about 1,000 employees in its Consumer Lending and Payments, Virtual Solutions […]

Wall Street claws back as financials lead

U.S. stocks gained on Monday, helped by relief over Italy maintaining its debt rating, as equities clawed back from a […]

Lack of wage growth brings down consumer sentiment in October

The numbers: The final reading of the University of Michigan’s consumer-sentiment index in October was 98.5, marginally below September’s level […]

Dollar nears 10-week high before U.S. GDP data

The dollar hovered near a 10-week high on Friday as investors waited to see if U.S. economic growth figures do […]

U.S. labor market has a bigger impact on Europe’s auto makers than tariff spats, says Morningstar

The U.S. unemployment rate could have a bigger impact on European car makers than a possible change in price because […]

Pound eases after weaker inflation, focus turns to EU summit

Sterling weakened on Wednesday after data showed inflation fell more than expected in September and before a European Union summit […]

Nestle sales boosted by North America, coffee

Nestle SA said Thursday that sales in the first nine months rose, boosted by improvements in North America and positive growth […]

Exclusive: Spain to block Berkeley uranium mine project – sources

The Spanish government has decided not to deliver the permits necessary to open the European Union’s only open-cast uranium mine […]