Bank of America Corp will pay $404 million to Freddie Mac to resolve all repurchase liabilities on home loans sold to the government-controlled mortgage company from 2000 to 2009, the bank said on Monday.
The settlement covers about 716,000 loans...
Crisis is the natural state of world trade negotiations. But this week will be different.
Ministers meeting in the Indonesian resort of Bali from Tuesday until Friday will decide the fate of the World Trade Organization, with two possible outcomes:...
The U.S. Supreme Court on Monday declined to tackle the long-standing question of whether Internet retailers like Amazon.com Inc should be required to collect sales taxes in states where they have no physical presence.
In a case brought by Amazon...
Two Wayne Rooney goals earned Manchester United a point at White Hart Lane as they fought back twice to deny Tottenham a much-needed victory.
Kyle Walker put Tottenham ahead with a free-kick that flew under the United wall, but his...
Tottenham boss Andre Villas-Boas feels the recent criticism he has received is "aggressive and agenda driven" and does not reflect his side's league position.
Villas-Boas praised Spurs' display in their 2-2 draw with Manchester United and told BBC Sport: "The...
The Spain international slotted in the only goal of the game from Markel Susaeta's cross 20 minutes from time, as the Basque team moved up to fourth.
Barcelona, who also lost to Ajax in midweek and were without the injured...
Thai Prime Minister Yingluck Shinawatra said on Monday she would "open every door" to find a peaceful solution to the current political crisis, as thousands of protesters took to the streets of the capital seeking to topple her government.
She...
About 1,000 protesters blocked off the Ukrainian government's main headquarters on Monday and surrounding streets, preventing employees getting to work, in further protests at Kiev's policy U-turn away from integration with Europe.
In response to an opposition call for a...
The United States may see further sovereign rating downgrades if it fails to improve its debt service capability, although a near-term cut looks unlikely, the head of Chinese credit rating firm Dagong said.
Beijing-based Dagong Global Credit Rating Co grabbed...
Asia's manufacturing-sector expansion held around multi-month highs in November, factory surveys showed, with China maintaining its momentum but growth in other key exporters such as Japan, South Korea and Taiwan picking up speed.
Activity in India expanded after three months...
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.
