Federal Reserve Chair Janet Yellen signaled that the U.S. central bank will likely start raising borrowing costs later this year, even before inflation and wages have returned to health, but emphasized the return to normal interest rates will be gradual.
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President Xi says China should not focus on growth rate only
Chinese President Xi Jinping said on Saturday that the country should not focus on its economic growth rate only, reiterating China's push for a more sustainable, higher-quality expansion.
Mercedes to launch a pickup truck outside the United States
German carmaker Mercedes-Benz plans to launch a mid-sized pickup truck, expanding its premium brand into a lower-priced bracket in a bid to narrow the sales gap with arch rival BMW (BMWG.DE).
Neither Grexit, nor Grexident. Euro and 'drachma' in parallel?
Greece is unlikely to exit the euro, either intentionally or accidentally. But it might be forced to introduce an alternative means of payment, in parallel to the euro, to pay some domestic bills if a reform-for-cash deal with its creditors is not secured soon, several euro zone officials said.
South Korea sees gains for its infrastructure firms from joining AIIB
South Korea hopes its infrastructure companies will benefit from the country joining the China-backed Asian Infrastructure Investment Bank (AIIB), the finance ministry said on Friday.
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Toyota Motor Corp (7203.T) said on Thursday it would aim to halve the investment required to retool factories for new models compared with what it was spending before the 2008 financial crisis, as part of a sweeping overhaul of the way it develops and builds cars.
Ford Motor Co (F.N) plans to triple exports from India with a $1 billion plant that will be one of its most heavily automated in Asia, offsetting slower sales inside the country with a push to sell more local production abroad.
Oil prices fell more than $1 on Friday, after sharp gains in the prior session, as worries of a disruption to supplies due to Saudi Arabia-led air strikes in Yemen eased.
Google Inc said it would pay its new Chief Financial Officer, Ruth Porat, more than $70 million in the next two years through a combination of restricted stock units and a biennial grant.
Twitter Inc launched a video streaming app called Periscope on Thursday, just days after reports that it had blocked a rival app called Meerkat.
Virtual reality, artificial intelligence and drones will enable Facebook Inc to create a more lifelike and useful social network, the company said in its clearest explanation so far for technology projects that have puzzled some investors and analysts.
GameStop Corp's full-year profit forecast missed Wall Street expectations as the dollar strengthened and demand for new PlayStation 4 and Xbox One consoles failed to make up for falling sales of earlier versions.
Apple Inc (AAPL.O) Chief Executive Tim Cook is joining the roster of the very rich who are giving away their wealth. Fortune magazine cited the head of the world's largest technology corporation as saying he planned to donate his estimated $785 million
RadioShack Corp's rescue deal to keep 1,740 stores open was attacked on Thursday by the bankrupt retailer's top creditor, a failed bidder who called the auction a sham and sought a new sale.
