Consumer goods company Unilever warned on Monday that a slowdown in its emerging markets accelerated in the third quarter and it now expects underlying sales growth of just 3 to 3.5 percent in the period.
The U.S. debt ceiling debate is unlikely to change Standard & Poor's AA+ U.S. sovereign rating, the credit ratings agency said Monday, lowering the probability of a repeat performance of the 2011 downgrade drama that paralyzed markets.
Fortune magazine has issued its latest list of the top 40 business stars under 40.
It ain't a bank.
A close call ?
In the end, what have we learned from JPMorgan’s $7.1bn 'London Whale' trading debacle?
Steve Schwarzman said his decision 19 years ago to sell what would become the world’s largest money manager was a 'heroic' mistake.
Ex-Jefferies Managing Director Jesse C. Litvak has asked a federal judge in Connecticut to throw out charges that he defrauded customers of more than $2m on trades of residential mortgage-backed securities.
The appetite for risk among Britain's big businesses is at its highest since before the financial crisis and companies are finally ready to start spending their cash piles, according to the latest upbeat survey on the UK economy.
Citigroup is poised to be the next U.S. bank to attract legal and regulatory scrutiny as JPMorgan looks to settle a host of probes, according to an analyst at Portales Partners.
Royal Bank of Scotland has said it plans to cut costs by about $3bn at its investment bank over the next three years as part of CEO Ross McEwan’s plans to shrinks the unit.
Eight major banks broke EU bonus cap rules last year and will have to change the way they pay their top staff this year.
The pressure on the chief executive of Volkswagen is growing after a leading investor in Germany called on Matthias Müller to step down less than two months after taking the helm at the scandal-hit carmaker.