LONDON—Royal Bank of Scotland Group PLC said Tuesday that full-year impairments would be lower than expected as economic conditions and asset prices continue to improve in its key markets, prompting RBS shares to rise.
BRUSSELS—European Union regulators laid out for the first time Tuesday reasons why they believe tax deals granted to Apple Inc. in Ireland and Fiat SpA in Luxembourg constituted illegal state support for the companies—the next stage of an ...
Hong Kong's stock market capped its worst month in more than two years Tuesday as pro-democracy protests in the city swelled again, while shares in Tokyo also fell in reaction to a weaker dollar and a decline in industrial production.
HONG KONG—The mood at pro-democracy protests in Hong Kong shifted Tuesday as a festival-like atmosphere overnight gave way to one of apprehension ahead of a Wednesday holiday that celebrates the founding of the People's Republic of China.
STOCKHOLM—TeliaSonera AB has set the dividend it plans to pay shareholders this year and next as the same amount it paid out in 2013, a change of policy that comes as the Swedish telecoms group juggles a new round of cost savings with ...
Inflation rates across the world's largest economies eased for the third straight month in August, reflecting disappointing economic growth and indicating that central banks are unlikely to rush to tighten policy.
MOSCOW—Ukraine must pay $3.9 billion if it wants Moscow to resume supplies of natural gas, Russia's Energy Minister Alexander Novak said Tuesday, Interfax news agency reported.
The annual rate of inflation in the eurozone fell further below the European Central Bank's target in September, and to its lowest level since October 2009.
MOSCOW—Vladimir Yakunin, a longtime friend of President Vladimir Putin, is still indignant that he was slapped with U.S. sanctions in March. But asked whether they have changed the minds of Kremlin insiders like himself regarding Russian ...
MELBOURNE, Australia—Australian police charged a man with funding a terrorist group after a tip-off from the U.S. Federal Bureau of Investigation prompted a series of morning raids in the city of Melbourne.
The euro tumbled to a two-year low Tuesday as the latest slump in eurozone inflation cranked up the pressure on the European Central Bank to further ease monetary policy.
BEIJING--China's central bank said Tuesday it would ease banks' mortgage-lending rules to allow more home buyers to qualify for cheaper loans as part of its efforts to boost the country's sagging housing market.
In an unusual move, Norway's central bank said on Tuesday it would buy Norwegian kroner and sell foreign exchange in the market in October on behalf of the country's sovereign-wealth fund, sending the krone higher against the euro.
Crude oil rebounded Tuesday, after coming close to two-year lows in the previous session.Commerzbank said that, after weeks of falling prices, money managers were displaying "extremely negative sentiment towards Brent." In the latest ...
TOKYO—Sumitomo Corp.'s shares plummeted after the major Japanese general trading company unveiled a ¥270 billion ($2.47 billion) loss from soured investments abroad, including a ¥170-billion write-off in a shale oil project in the U.S.
SHANGHAI—China's average home prices fell in September for the fifth straight month and at a quicker pace as property developers engaged in more aggressive price cutting at the start of the traditional peak sales season in September.
SEOUL—On July 30, South Korea's stock market stood at its highest level in three years, buoyed by optimism over a new government stimulus plan and an expected interest rate cut.
SINGAPORE—Sovereign-wealth fund China Investment Corp. is selling a portion of its stake in commodity trader Noble Group Ltd., prompting the shares of the Singapore-listed trader to suffer their biggest one-day fall in three years.
The way currency benchmarks are calculated and foreign-exchange traders behave looks set for a revamp under a new set of recommendations by global regulators.
LONDON—The U.K. economy grew at a faster pace than initially thought in the second quarter, according to official estimates Tuesday that incorporate a range of changes to how Britain calculates the size and shape of its economy.
BEIJING—A closely watched gauge of China's manufacturing activities showed sluggish growth for a second straight month, indicating that the world's second-largest economy still faces downward pressure.
FRANKFURT—German unemployment unexpectedly increased in September, the country's labor agency said Tuesday, suggesting that the labor market in Europe's largest economy is beginning to weaken after a contraction in output last quarter.
BERLIN—Tele Columbus AG plans to launch an initial public offering before the year end if market conditions permit, the television and Internet cable network operator said Tuesday, marking the latest in a smattering of German companies ...
ZURICH—Switzerland's KOF leading economic indicator dropped in September, as the faltering recovery in the eurozone dragged on exports of Swiss goods.
Signs are mounting that the recent rally in Chinese stocks--with the Shanghai Composite Index up five months in a row--isn't a short-term phenomenon.
MUMBAI—The Reserve Bank of India left its benchmark lending rate unchanged Tuesday as it waited for more signs that inflation in Asia's third-largest economy is retreating.
HONG KONG—Apple Inc.'s new iPhone 6 will go on sale in China on Oct. 17 after winning final approval from regulators who scrutinized the device's security features amid rising concerns in the country about privacy.
LONDON—ICAP PLC on Tuesday warned that first-half revenue would be lower than last year amid lower trading volumes and said Finance Director Iain Torrens would leave the company.
FRANKFURT—German retail sales recovered in August from a sharp decline the previous month, posting the biggest gain in more than three years, the country's Federal Statistics Office said Tuesday.
TOKYO—Japan's economy continued to stagnate in August after a pullback induced by a sales tax increase earlier in the year, raising difficult questions for Prime Minister Shinzo Abe who needs to decide whether to raise the tax again.
Officer Is Indicted for Alleged BeatingA New York City police officer has been indicted by a grand jury after he allegedly broke into a woman's apartment and beat her following a night of heavy drinking, Bronx District Attorney Robert ...
TOKYO—Japan Airlines Co. said it has become the latest target of hackers, with the information of up to 750,000 customers possibly stolen.The airline confirmed Monday it has found evidence of unauthorized access to its Customer Information ...
21st Century Fox paid its chairman and chief executive, Rupert Murdoch, a salary of $7.1 million in the latest fiscal year, down 12% from the previous year, but his total compensation rose about 1% to $29.2 million, due to growth in the ...
From Israeli Prime Minister Benjamin Netanyahu's address to the United Nations General Assembly on Monday:Ladies and gentlemen, would you let ISIS enrich uranium? Would you let ISIS build a heavy water reactor? Would you let ISIS develop ...
A man wielding a knife was shot and killed by New York City police in Brooklyn after he fatally stabbed another man, authorities said, in one of two shootings by NYPD officers Monday night.
Over 300,000 Americans face a Tuesday income-verification deadline that could put them at risk of losing their health-insurance subsidies.Pro-democracy protests in Hong Kong took on a festive air Tuesday, but demonstrators feared a possible ...
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Ford said it expects pretax profit of $6 billion to $7 billion this year, $1.5 billion less than first forecast, and warned of a deep loss in Europe.
New York City's planning commission approved a proposal Monday for a large Queens residential project called Astoria Cove.The vote marked the first time the city has made the inclusion of affordable housing mandatory for a developer to ...
Business & FinanceJapanese companies are turning to Southeast Asia's frontier markets in search of cheaper labor, stepping into territory that until now has been firmly in China's sphere of influence.
Business & FinanceAustralia's Treasury Wine said takeover talks have broken off after two private equity suitors were unable to agree on a deal acceptable to the company's board.