London can breathe easy - it will continue to be the financial lungs of Europe, according to Barclays chief executive Jes Staley. While he admits the bank may have to move some activities to bases in...
Mr. Mervyn King, former head of the United Kingdom's Bank of England, recently stated that another financial crisis is “certain” and could come sooner rather than later. Mr. King also believes...
Just about anyone who had money in the market is saying, "Thank you, 2016!" The vast majority of investors -- 77% -- made money this year, according to data shared first with CNNMoney by Openfolio,...
Oil prices rose on Monday in anticipation of tighter crude supply going into 2017 following the decision by OPEC and other producers to cut output to prop up prices. Brent crude futures, the...
Asian shares steadied in early trade on Monday after China agreed to return a U. S. drone it had seized, easing worries about rising diplomatic tensions between the world's two biggest economic...
Some of the biggest foreign investment and commercial banks operating in Britain paid an average tax rate of just 6 percent on the billions of dollars of profits they made in the country last year, a...
Donald Trump has delayed an announcement on how he plans to separate his business empire interests from his role as US president. The US president-elect had been due to hold a rare press conference...
US President-elect Donald Trump is expected to appoint another Goldman Sachs executive to his administration. Despite vilifying the Wall Street bank while campaigning, he is tipped to pick Goldman...
U. S. stocks ended little changed on Friday after a payrolls report did little to recast expectations for an interest rate hike from the Federal Reserve this month and bank stocks cooled to round out...
US President-elect Donald Trump took a populist tone on the campaign trail, pledging to stand for a beleaguered working class abandoned by the elite. Yet, as he selects his cabinet, observers are...
Trump vows to back away from business to focus on White House U. S. President-elect Donald Trump vowed on Wednesday to step back from running his global business empire to avoid conflicts of interest...
President-elect Donald Trump, who raged against the elite as a candidate, is populating his administration with the ultra-rich. On Wednesday, he named billionaire Wilbur Ross, who has made a fortune...
Uber defended its business model in Europe’s highest court on Tuesday, saying its service had made it easier for people to get around and cut pollution as it fights a case which could leave...
The price of benchmark crude oil has fallen almost 4% as traders question whether Opec can agree on a deal to limit production. In September the oil exporting cartel members voted for the first...
Reince Priebus (L) said Stephen Bannon was "a force for good" US President-elect Donald Trump's new chief of staff has defended the choice of right-wing media man Stephen Bannon as chief strategist,...
President-elect Donald Trump announced his transition team on Friday, and it features a slew of prominent business leaders who supported the Republican during his campaign. Vice President-elect Mike...
US President-elect Donald Trump has awarded key roles in his incoming team to a top Republican party official and a right-wing media chief. Reince Priebus, chairman of the Republican National...
US President-elect Donald Trump has awarded key roles in his incoming team to a top Republican party official and a right-wing media chief. Reince Priebus, chairman of the Republican National...
Mexico is bracing for a Donald Trump presidency. Experts anticipate that Mexican officials will take immediate action on Wednesday to save their currency, the peso, from crashing if Trump wins -- a...
Uber is valued at $62.5 billion (48 billion pounds) and its investors include Goldman Sachs and GV Taxi app Uber should treat its drivers as employees and pay them the minimum wage and holiday pay, a...
