Markets recovered some ground on Monday on value hunting after last week's heavy losses, but investors remained wary over the euro zone despite world leaders pledging calling for Greece to stay in the ...

By Grant McCool REUTERS - Rajat Gupta, former global head of McKinsey & Co, is set to go on trial on Monday in New York on charges he leaked confidential information while serving on the board of directors ...

By Ross Kerber REUTERS - Google Inc Executive Chairman Eric Schmidt challenged college graduates on Sunday to take the radical step -- at least for their generation -- of tearing their eyes away from their ...

Barely a day went by at the insider-trading trial of multimillionaire hedge-fund founder Raj Rajaratnam a year ago without mention of Rajat Gupta, a boldface name in business and charity circles. On Monday ...

French President Francois Hollande said on Saturday he would make proposals for eurobonds at an upcoming European summit as he outlines his ideas to stimulate growth and help ailing economies within the ...

By William Schomberg REUTERS - A pledge by leaders of industrialized nations to help the troubled world economy is unlikely to herald quick new action by Europe on its debt crisis, meaning more uncertainty ...

Yahoo Inc is nearing a deal on Sunday to sell part of its stake in Alibaba Group back to the Chinese company for $7.1 billion, according to a source familiar with the matter. Under the agreement expected ...

Newly issued shares in Facebook Inc may have a hard time in the coming week if lead underwriter Morgan Stanley stops supporting the stock and managers lower down in the IPO book who were hoping for an ...

Getting married was a smart business move as well as a personal milestone for Facebook chief Mark Zuckerberg, with the timing of the wedding, the day after the company's initial public offering, potentially ...

Iran's economy minister said oil prices will "certainly" rise if the European Union moves ahead with an embargo in July and that sanctions will backfire on those who impose them. The European ...

REUTERS - Shares in social media company Facebook Inc could fall below the initial public offering price of $38, Barron's wrote in its May 21 edition. Facebook saw its shares rise a scant 0.6 percent to ...

China said on Sunday it had granted conditional approval to Google's plans to acquire Motorola Mobility Holdings , clearing the last regulatory obstacle to a deal that will help the search company's plans ...

U.S. banking reforms could not have prevented JPMorgan Chase & Co's trading losses, and those involved in the activities that went awry should be held accountable, U.S. House of Representatives Speaker ...

A record-breaking pay deal will give millions of German workers their biggest rise in wages in two decades, boost consumption in Europe's biggest economy and help towards adjusting the regional imbalances ...

The chiefs of Apple Inc and Samsung Electronics Co Ltd are used to running the show at their global tech empires, but they will be in for a different experience when they arrive at a San Francisco federal ...

China's premier reiterated calls on Sunday for the country to maintain its campaign to cool down its property market, a series of controls on credit and purchases that have begun to drive down housing ...

If or when policymakers finally decide Greece should leave the euro, the exit could happen so quickly that "new drachma" currency notes might not be printed in time. In principle, some of the ...

The euro zone can protect its currency if its stronger countries provide more support for the weaker to help them deal with their problems, British finance minister George Osborne said in a newspaper on ...

Southeast Asian nations are swallowing an outflow of money from India, as foreign investors lose patience with its policy paralysis and slowing growth and aim instead for more promising emerging markets ...

By David Henry REUTERS - JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading ...

World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing a global economy increasingly threatened by Europe's ...

REUTERS - Following is the text of a statement on global oil markets from the Group of Eight leaders gathered at the presidential retreat in Camp David, Maryland. The text was issued by the White House. ...

The Group of Eight leaders are committed to keeping global oil markets supplied as sanctions on Iran's crude supply take force, but did not discuss a specific trigger that would prompt action, a U.S. official ...

REUTERS - Following is the text of a statement on the global economy from the Group of Eight leaders gathered at the presidential retreat in Camp David, Maryland. The text was issued by the White House. ...

World leaders backed keeping Greece in the euro zone on Saturday and vowed to take all steps necessary to combat financial turmoil while revitalizing their economies, which are increasingly threatened ...

G8 leaders said Saturday it is their "imperative" to promote growth and jobs to reinvigorate the global economy, and gave their backing to Greece remaining in the euro zone. "We agree on ...

U.S. President Barack Obama pledged at a Group of Eight summit on Saturday to work with Europe to balance growth with debt reduction as world leaders try to prevent the worsening euro zone crisis from ...

In Athens, the homeless are on the streets in growing numbers, soup kitchens feed twice as many people as a year ago, and the poor are diving into garbage bins in search of scrap they can sell. Greece ...

By David Henry REUTERS - JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading ...

Leaders of the Group of Eight major economies are making progress on addressing the two biggest threats to their economies - the euro zone crisis and very high oil prices, British Prime Minister David ...

A Greek exit from the euro zone could expose the European Central Bank and the currency bloc it seeks to protect to hundreds of billions of euros in losses, landing Germany and its partners with a crippling ...

Rupert Murdoch has denied reports that News Corp is considering spinning off its British newspapers to protect the rest of his media empire from a phone hacking scandal. The Daily Telegraph and the Financial ...

President Barack Obama on Saturday called on the U.S. Congress to back his efforts for tough new financial industry oversight, saying a $2 billion trading loss at JPMorgan underscored the need for such ...

Non-ferrous metals producer Hindalco Industries plans to start its 1.5 million tonnes per annum alumina refinery in Orissa by January 2013, a senior company executive said on Saturday. It also expects ...

"Dear God," wrote economist Rajeev Malik as he called on the Almighty to help India's "rudderless" government in a biting critique that underscored a growing frustration at home and ...

The Commodity Futures Trading Commission has opened an investigation into possible wrongdoing at JPMorgan Chase & Co in connection with the bank's multi-billion-dollar trading loss, a source familiar with ...

The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near ...

By David Henry REUTERS - JPMorgan Chase & Co's decision to radically change the way risk was measured in its Chief Investment Office is likely to dog the bank in the developing crisis over the big trading ...

Former International Monetary Fund chief Dominique Strauss-Kahn struck back this week at the hotel maid who accused him of sexual assault with a sharply worded countersuit claiming defamation, but lawyers ...

Normally a big decline would set up Wall Street for a technical rebound. But that may not be the case next week, even after the market posted its worst weekly loss for the year and the S&P fell for six ...

Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of ...

Spanish banks' bad loans rose in March to their highest in 18 years, underscoring the problems facing the government as it drafts in independent auditors in an attempt to reassure investors it can clean ...

World stocks erased the year's gains o n Friday as investors fled risky investments for safe-haven assets on concerns about the euro zone's deepening debt woes, while U.S. stocks lost ground after the ...

The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near ...

U.S. stocks fell on Friday after a sloppy debut by Facebook Inc spoiled hopes that a spectacular open for the most-anticipated stock sale in years would brighten the mood in what has been a gloomy month ...

European officials are working on contingency plans in case Greece bombs out of the euro zone, the EU's trade commissioner said on Friday, as European share prices tumbled and Germany warned of continuing ...

Social media stocks, led by Zynga Inc, slumped in volatile trading as traders used the securities to hedge or bet against the star of the sector, Facebook Inc , which went public in a disappointing debut ...

Facebook Inc's modest debut on Friday may have averted a potential headache for the company and regulators, and kept at bay a debate over the role of "odd lots" in the marketplace. Shares of ...