State-backed Royal Bank of Scotland (RBS.L) has set aside 400 million pounds ($640 million) to cover potential fines for manipulating currency markets and warned further charges for past misconduct would continue to hit its profits.
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Exxon, Chevron results boosted by refining as oil prices slip
A surge in refining profits boosted quarterly results at Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), helping to offset declining oil and gas production and falling crude oil prices.
U.S. consumer sentiment at highest since July 2007
U.S. consumer sentiment rose in October to its highest level since in more than seven years on growing optimism about the economy and more favorable personal financial expectations, a survey released on Friday showed.
Daimler, VW dampen speculation about imminent CEO succession
Succession is not an imminent topic at Daimler or Volkswagen, the chief executives of both carmakers said on Thursday, adding that any potential candidates would most likely come from within their respective companies.
America Movil, Telefonica, Oi to bid for Brazil's TIM: report
Mexico's America Movil SAB, Spain's Telefonica SA and Brazil's Grupo Oi SA agreed to place a bid for and to break up TIM Participações SA (TIMP3.SA), Brazil's second-largest wireless carrier, Folha de S. Paulo reported on Friday without saying how it obtained the information.
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Samsung Electronics Co Ltd unveiled two mid-tier handsets with a premium design as it prepared to deliver a riposte to its low-priced Chinese rivals and reclaim its title as the top brand in the world's biggest smartphone market.
Japan's Sony Corp reported a second-quarter operating loss on Friday that was narrower than analysts had estimated, as blockbuster sales of its PlayStation 4 games console reduced the impact of a sluggish smartphone division.
Citigroup Inc (C.N) said it was setting aside an extra $600 million to cover legal expenses in the third quarter due to "rapidly evolving regulatory inquiries," while also disclosing that it was subject to foreign exchange market probes.
Japanese life insurers are looking to buy more foreign bonds in the six months to March as yields on domestic bonds have fallen to uneconomical levels due to the Bank of Japan's massive purchases as part of its monetary easing program.
The U.S. Air Force may miss its target of August 2016 to start using the Lockheed Martin Corp F-35 fighter jet in combat if Congress blocks the service's plan to retire its A-10 tank-killer aircraft, a top U.S. general said Thursday.
Wal-Mart Stores Inc said it will expand its offering of discounted products during the holiday season and may broaden a price-matching scheme to include online rivals, in the latest sign of an escalating price war among big U.S. retailers.
Apple Inc (AAPL.O) CEO Tim Cook on Thursday became the most prominent American corporate leader to come out as gay, saying he was trading his closely guarded privacy for the chance to help move civil rights forward.
Asian shares ticked higher on Friday on Wall Street's cheer after upbeat U.S. growth data, while the dollar traded around four-week highs against the yen as investors awaited the outcome of the Bank of Japan's monetary policy meeting.
Twitter Inc has sidelined the product chief it recently poached from rival Google Inc, in the latest executive reshuffle at the online messaging service, according to a source familiar with the situation.
