Thu, March 11, 2010 8:46 AM
The British oil giant agreed to acquire a big swath of oil assets from Devon Energy for $7 billion, in a deal that will vault BP into the hot new oil region off the shores of Brazil.
Thu, March 11, 2010 8:53 AM
HSBC's Swiss private bank issued a public apology to its clients for the theft of 15,000 sets of client data, allegedly by a former employee who had access to client names.
Thu, March 11, 2010 8:59 AM
Violence broke out between police and protesters in Athens as 30,000 people gathered to demonstrate against the government's austerity program as part of a nationwide general strike.
Thu, March 11, 2010 8:42 AM
The U.S. trade deficit unexpectedly narrowed to $37.29 billion in January as imports and exports both declined and oil import volumes hit their lowest in more than a decade.
Thu, March 11, 2010 8:46 AM
The rapid growth in China's bank lending and investment spending slowed in February, official data show, a sign that the government's gradual withdrawal of stimulus policies is starting to have an effect.
Thu, March 11, 2010 8:43 AM
Companies around the globe are aggressively borrowing in the debt markets once again -- a sign of renewed confidence in the world economy.
Thu, March 11, 2010 9:02 AM
Geithner has warned the European Commission that its proposals for more restrictive regulation of alternative fund managers could affect cross-border investment, demonstrating how the controversial European Union directive could have transatlantic ramifications.
Thu, March 11, 2010 8:02 AM
The medium-sized Chinese lender posted a 2009 profit of $736 million, more than eight times the year-earlier level.
Thu, March 11, 2010 7:47 AM
The Wall Street financier and former auto czar is in settlement talks to resolve his role in the "pay to play" investigation at the New York state pension fund.
Thu, March 11, 2010 8:25 AM
BMW reported a 36% slump in 2009 net profit in a year that saw a steep downturn for luxury car makers, but said it is cautiously optimistic for 2010.
Thu, March 11, 2010 8:24 AM
U.S. foreclosure filings rose 6% in February from a year earlier, the smallest increase in four years.
Thu, March 11, 2010 8:33 AM
The International Air Transport Association predicted a two-speed global upturn, with Asia and Latin America outperforming Europe and North America.
Thu, March 11, 2010 8:07 AM
Smithfield Foods posted its first quarterly profit in more than a year as losses narrowed sharply at its hog operations.
Thu, March 11, 2010 8:25 AM
Complaints about speed-control problems with Toyotas have surged since the car maker announced in September it would recall millions of cars to fix floor mats that can pin the gas pedal in an open position.
Thu, March 11, 2010 8:07 AM
Old Mutual said it is planning to partially list its U.S. asset-management arm and dispose of its U.S. life business.
Thu, March 11, 2010 6:17 AM
Malcolm Calvert, a City veteran and former partner at U.K. stockbroker Cazenove known by his peers as 'Streaky,' was found guilty of five counts of insider trading.
Wed, March 10, 2010 11:33 PM
H-P, known to consumers mostly as a printer specialist, is seeking to recast itself as a broader tech company with a new ad campaign featuring rapper Dr. Dre, comedian Rhys Darby and the slogan "Lets Do Amazing."
Thu, March 11, 2010 3:01 AM
The U.S. Treasury Department has no clear plan to exit its investment in in the financial-services company, raising the specter of billions in potential losses, a congressional watchdog said in a report.
Thu, March 11, 2010 7:01 AM
Small firms are lagging far behind big companies in the early stages of the economic recovery, a dichotomy that is likely to slow the upturn.
Wed, March 10, 2010 8:20 PM
Northrop and EADS's decision to drop out of a $40 billion competition to build aerial-refueling tankers for the Air Force is the latest example of how trans-Atlantic defense ventures have faltered.
Thu, March 11, 2010 4:09 AM
Gold and platinum miners in South Africa are running up against a spate of safety-related work stoppages, driving costs higher and hindering the industry's recovery even as demand for precious metals picks up.
Wed, March 10, 2010 10:14 PM
China's red-hot housing market shows signs of cooling, according to government data, news that is likely to encourage Chinese leaders who face mounting political pressure from urban residents unable to afford new homes.
Wed, March 10, 2010 8:40 PM
Eric Schmidt said his company expects to soon conclude talks with the Chinese government over the fate of its search engine and business in China.
Wed, March 10, 2010 8:31 PM
Psychiatric Solutions, a for-profit operator of mental-health hospitals and clinics, is in talks to be acquired by Bain Capital.
Wed, March 10, 2010 5:51 PM
Tropicana is shrinking the size of its Pure Premium orange juice jug and raising by 5%-8% the price of its gallon containers, due to the freeze that hurt Florida's orange crop.
Wed, March 10, 2010 8:43 PM
The Anglo-Dutch oil major said it is no longer selling gasoline to Iran, the latest company to make such a move during threats of tougher sanctions against the Islamic republic.
Wed, March 10, 2010 7:18 PM
The U.S. Senate voted 62-36 Wednesday to approve a roughly $150 billion bill that extends a series of tax credits targeted at businesses and individuals.
Wed, March 10, 2010 7:33 PM
Paul Allen's investment vehicle is alleging that an independent arbitrator overseeing a compensation dispute with two former employees improperly consulted with the men.
Wed, March 10, 2010 7:37 PM
Kennedy Funding, a New Jersey lender to cash-strapped real-estate developers, has plenty of experience going after debtors who fall behind on their payments. But now it's Kennedy's turn to get squeezed.
Wed, March 10, 2010 4:47 PM
The U.S. government ran its largest ever monthly budget deficit in February as the country's fiscal year-to-date deficit ballooned more than 10% to a record of $651.60 billion.
