Morgan Stanley said on Wednesday that it has agreed to pay $2.6 billion to settle with the US federal government over its role in the mortgage bubble and subsequent financial crisis.
Oil demand is growing and the market has turned "calm", according to Saudi Arabia's oil minister.
Standard Chartered Plc named Bill Winters to replace Peter Sands as chief executive officer in one of the bank's biggest-ever management reshuffles to help reverse faltering earnings growth and a slump in shares.
Manufacturing activity in China is likely to have rebounded this month, HSBC Holdings Plc said on Wednesday as it released the flash estimate of the Purchasing Managers Index.
Indian Prime Minister Narendra Modi wants the country's companies to embrace their homeland as a manufacturing base. It's a hard sell for businesspeople like Himanshu Baid.
One phrase echoed from Brussels to Frankfurt and Washington as Greece's creditors examined and then waved through the country's new economic policies: "starting point".
US consumer confidence fell more than forecast in February as the initial elation over a drop in fuel prices waned and Americans grew less optimistic about prospects for employment and income.
The trial of a high-profile sex bias lawsuit in Silicon Valley began on Tuesday with a lawyer for a former junior partner at a venture capital firm claiming his client was denied a promotion because of her gender and then fired when she complained.
Apple Inc was told to pay $532.9 million after a federal jury said the company's iTunes software used a Texas company's patented inventions without permission.
Companies seek to create compelling narrative to reflect their efforts to improve environment
China is among five countries and Shanghai among 10 cities worldwide chosen by Bloomberg Philanthropies to participate in the foundation's Global Road Safety Initiative, which aims to reduce fatalities and injuries from road traffic crashes.
The three young Singaporeans who started a flip-flop business more than five years ago have gained a certain amount of fame after walking into another line of work: corporate social responsibility consulting.
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Raymond Zhou
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