Business

Thailand's economic growth slowed significantly in the final quarter of 2013 and the state planning agency cut its forecast for this year because of political unrest that could prevent the formation of a fully functioning government for months. Southeast Asia's...

Overseas banks look set to win only minor concessions when the Federal Reserve signs off on new capital rules next week, as they become increasingly resigned to the fact that the cost of doing business in the United States...

Volkswagen's works council said it would press on with efforts to set up labor representation at its Chattanooga, Tennessee plant, undeterred by a workers' vote against any such step involving the United Auto Workers union (UAW). Employees at the plant,...

In a stinging defeat that could accelerate the decades-long decline of the United Auto Workers, Volkswagen AG workers voted against union representation at a Chattanooga, Tennessee plant, which had been seen as organized labor's best chance to expand in...

Wells Fargo & Co, the largest U.S. mortgage lender, is tiptoeing back into subprime home loans again. The bank is looking for opportunities to stem its revenue decline as overall mortgage lending volume plunges. It believes it has worked through...

Economic growth in Germany and France, the euro zone's two largest economies, marginally exceeded expectations in the fourth quarter and offered hope of a more robust 2014. The euro zone number is due at 5000 AM (1000 GMT) and forecast...

The euro zone economy grew more than expected in the last quarter of 2013 thanks to stronger expansion in its biggest countries France and Germany, the first estimate from the European Union's Statistics Office showed on Friday. The economy of...

Volkswagen (VOWG_p.DE) group sales grew at the highest rate in four months in January as deliveries in core European markets bounced back, offsetting double-digit declines in the United States and Brazil. Sales of passenger cars, sport-utility vehicles and vans increased...

Japan is expected to post a record trade deficit in January as a weak yen pushes up the cost of imports and as export demand slows in a cautionary note about the economic outlook, a Reuters poll showed. The trade...

World shares stepped back from three-week highs on Thursday, as a five-day run of gains fuelled by assurances from major central banks about their supportive policies came to a halt. In Europe, the fading momentum was compounded by fresh political...