China's economy is creating more than 13 million new jobs this year, the Xinhua news agency cited the labor ministry as saying on Thursday, outstripping the official target despite slower economic growth.
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Bosnia's Bobar bank shut, big depositors face losses
Bosnian lender Bobar Banka has been shut after its shareholders failed to come up with a recovery plan, the regional banking agency said, leaving its clients, including major state firms, at risk of losing some of their 250 million Bosnian marka ($156 million) in deposits.
Tizen TV no substitute for Samsung's long-awaited answer to Android
Global smartphone leader Samsung Electronics Co Ltd is planning a new product launch next year based on its own Tizen operating system, the South Korean giant's strategic push to free itself from Android and blaze its own software path.
Ukraine's parliament backs import tax rises amid budget crisis
Ukraine's parliament gave preliminary approval on Thursday to a law that would simplify tax legislation and impose additional duties on imports, in an effort to raise revenue amid economic crisis.
Japan $29 billion stimulus seeks quick boost for regional economies: draft
Japan aims to give a quick boost to lagging regional economies and low-income households with subsidies, merchandise vouchers and other schemes in a $29 billion stimulus package aimed at rejuvenating a two-year reflationary effort, a draft of the plan showed.
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Fuji Heavy Industries (7270.T), the maker of Subaru brand cars and SUVs, has scrapped a plan to shift production of the new XV Crosstrek to its U.S. plant and will instead make the SUV in Japan, a source familiar with the company's production plans said.
A fund managed by JPMorgan Chase (JPM.N) is in advanced talks to partner with Indian carrier SpiceJet Ltd's (SPJT.BO) co-founder for a planned $200 million investment into the cash-strapped airline, the Economic Times reported on Thursday, citing unnamed sources with knowledge of the discussions.
Google Inc's decision to screen Sony Pictures' film "The Interview" may help legitimize its YouTube platform as a serious rival to paid video streaming services, Netflix and Amazon.com Inc.
The head of Sears Holdings Corp's online operations and a key member of Chief Executive Eddie Lampert's management team has resigned and will leave the company in February to pursue a new opportunity, the retailer said.
Italy's government on Wednesday began drawing up the details of a reform that Prime Minister Matteo Renzi said will "revolutionize" the country's labor market when it takes effect some time next year.
Billboards, which trace their roots to ancient Egypt, are set to generate a boom in U.S. deal activity as the biggest operators seek to expand in regional markets, investment banking sources said.
The proposed merger of Sysco Corp (SYY.N) and US Foods Inc [USFOO.UL] hinges on the top two U.S. food companies helping to turn a far smaller rival into a national player to ease antitrust concerns, but the gap may be too big, analysts said.
Bid speculation drove up the shares of medical devices maker Smith & Nephew (SN.L) on Wednesday, allowing it to outpace sluggish European stock markets in a shortened session ahead of the Christmas break.
Kellogg Co K.N., the world's largest breakfast cereal maker, once again raised its bid for Egyptian snackmaker Bisco Misr (BISM.CA) on Wednesday, topping a rival offer from the UAE's Abraaj in an intensifying $144 million takeover battle.
