Business

Stocks gained ground on Friday to further recover from a steep two-week selloff, buoyed by expectations that a January U.S. jobs report will soothe recent concerns over the pace of global growth. The euro dipped to a session low against...

Internet search company Google Inc will own a 5.94 percent stake in China's Lenovo Group Ltd worth $750 million once Lenovo's deal to buy Google's Motorola handset division closes, according to a disclosure on the Hong Kong stock exchange. Google...

U.S. employment likely rebounded in January after being held back by cold weather the prior month, which would offer assurance that economic growth was not faltering. Nonfarm payrolls are expected to have increased by 185,000 last month, according to a...

The companies working to widen the Panama Canal have made a new proposal to resolve a row over cost overruns on the multi-billion dollar project, the consortium said on Friday. Grupo Unidos Por El Canal (GUPC), led by Spanish builder...

Lufthansa (LHAG.DE) has named company veteran Carsten Spohr as the group's new chief executive, Germany's largest airline said on Friday. Spohr will take over on May 1 from Christoph Franz, who is moving to Swiss pharmaceuticals group Roche (ROG.VX). REUTERS

Ghana’s central bank said it is ready to intervene to defend the cedi, which has weakened 3.1 percent against the dollar this year, should it breach an internal target that threatens to stoke inflation. “We have a certain level that...

Asian shares took a tentative step forward from five-month lows on Thursday, with investors hoping the European Central Bank (ECB) and upcoming U.S. jobs data can calm nerves strained by the emerging market selloff. MSCI's broadest index of Asia-Pacific shares...

Credit Suisse (CSGN.VX) missed expectations with a marginal uptick in fourth-quarter net profit on Thursday after increased legal costs arising from U.S. probes into alleged tax evasion and the sale of mortgage-backed bonds. Credit Suisse is cutting back on riskier...

Twitter Inc on Wednesday reported its slowest pace of user growth in recent company history, dimming hopes that the social media phenomenon can sustain its torrid pace of expansion and wiping out nearly a fifth of the company's value...

Sony Corp, under pressure to shore up profitability in its electronics business, unveiled a restructuring plan on Thursday that will cut 5,000 jobs and trim 100 billion yen ($988 million) a year from fixed costs, while splitting off its...