Alaska Air Group says it has agreed to buy Virgin America for almost 2.3 billion euros. It wants to expand its presence on the US West Coast
Despite low oil prices Russian energy giant Rosneft says it is coping and has pledged to invest more to ensure it can honour its long-term supply deals.
Russia's central bank has left its main lending rate at 11 percent and signalled that it is not looking at cuts to the cost of borrowing anytime soon as it focuses on keeping inflation under control.
The London Stock Exchange Group has reported a 31 percent jump in profit for 2015 and said detailed discussions are continuing with Germany's Deutsche Boerse about a merger.
2015 was a grim year for mining company and commodity trader Glencore with profit down by almost a third as prices for copper, nickel, zinc, iron-ore and coal slumped to multi-year lows.
European shares closed at their lowest level in more than two years on Monday with investors concerned over the region's banks and slowing global growth.
The Bank of Japan tries to overcome deflation and stimulate the economy by forcing banks to pay interest on money they have on deposit with the central bank.
European shares steadied on Tuesday, recovering after sharp losses earlier in the session, as crude oil prices bounced back above $30.
Wall Street kept a lid on the panic – just – after earlier moving deep into the red on Wednesday following an appalling day on European markets
Coupled with fresh falls in world oil prices, investor concerns deepen.
The Dow Jones was down by 2.6 percent at the close of Wall Street on Friday after European shares fell to their lowest since December 2014. Nervous
European markets opened the week on a rebound, clawing back some of the losses of the previous week, but the main market preoccupation continues to
The volatility in Chinese markets has continued. They were down sharply at the close on Monday, dragging Asian markets down with them. The Shanghai
Following a volatile first week of the year, the Shanghai Composite closed two percent higher on Friday (January 8). Trading in China’s markets has
European markets fell sharply on Thursday after China accelerated the depreciation of the yuan, but came off lows after the Shanghai and Shenzen
Oil slid below 33 dollars a barrel on Thursday as a result of rising US energy stockpile and China’s weakening currency. Benchmark Brent fell 4.7
Headwinds from China again for European economies. As China’s financial markets remain relatively closed exposure for banks is limited, but trading
There was panic on global markets for a second time since the start of the year as China accelerated the depreciation of the yuan. European shares
European markets fell sharply at opening on Thursday off the back of losses in China and across Asia. Germany’s DAX quickly declined by more than 3
Trading on China’s stock markets was suspended for the day on Thursday, for the second time this week, as shares, again, nosedived more than 7
“Violent New Year fireworks,” is how one analyst summed up events on Wall Street where the Dow fell 450 points having its worst opening day in 84
Debut day for Ferrari…on the Milan stock exchange. The iconic marque completed its spin off from Fiat Chrysler Automobiles on Monday. Ferrari first
The New Year has got off to a bumpy start on the stock markets, as weak Chinese data dampens global confidence. European shares fell sharply as
Investors have chosen to take the historic hike in US interest rates as a sign of confidence in the world’s largest economy. Asian stock markets
The world’s third-largest shipping firm, CMA CGM of France, has bid of $3.4 billion (3.13 billion euros) to buy Singapore’s Neptune Orient Lines. It
OPEC is determined to keep pumping oil despite the financial consequences on the policy’s main architect Saudi Arabia, according to Reuters. The news