Mario Draghi, European Central Bank president, has risked a German backlash by handing the bank's powerful economics portfolio to a non-German for the first time in its 13-year history as... Draghi reshuffles ECB board
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Citigroup on Tuesday sold $2.5bn of debt in its biggest bond offering since 2009.... Citigroup raises $2.5bn in bond offering
Yahoo is poised to name a new chief executive, website AllThingsD reported, citing sources close to the situation, and named PayPal president Scott Thompson as the likely candidate.... Quick view: Yahoo set to name new CEO, says website
Small businesses created 55,000 jobs in December and increased working hours for employees, further evidence the labor market was strengthening.... Small business payrolls rise by 55,000 in US
Singapore prime minister Lee Hsien Loong and his ministers will see their pay slashed by about 36% as the government responds to opposition complaints over their high salaries but Lee... Singapore PM faces 36% pay cut; still best paid
MF Global unloaded hundreds of millions of dollars' worth of securities to Goldman Sachs in the days leading up to its collapse, according to two former MF Global employees with... MF Global sold assets to Goldman before collapse
Citigroup's Singapore unit sued Hong Kong-based hedge fund manager Raghavendran Rajaraman, seeking to recoup $1.03 million in trading losses the bank says he incurred after gold fell from a record... Citigroup sues Singapore hedge fund manager
PetroChina became the first Chinese state-owned company to wholly own a Canadian oil sands development after agreeing on Tuesday to buy out its partner's stake in a newly approved project... PetroChina buys control of Canada oil sands project
Exxon Mobil plans to sell most of its 50% stake in Japanese refiner TonenGeneral Sekiyu KK and unload other assets in Japan in a roughly $5 billion deal, sources with... Exxon in $5-bn Japan deal
The BSE Sensex touched the 16k level after three weeks on Wednesday but fell 56.72 points to 15,882.64 in a volatile trade on profit booking after the gains of the... Quick view: Sensex falls 56.72 points on profit booking
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