The euro tumbled to a one-month low against the dollar as doubts over Greece’s ability to repay its debts intensified, while Greek bonds came under renewed pressure.
A Chinese play for Fortescue Metals is about more than snapping up iron ore at low prices. China has a strategic interest in keeping marginal producers alive.
An ECB snafu last week that meant one of its officials gave market-moving information to a private audience hours before it was made public is raising broader concerns about policy makers’ behind-closed-doors meetings.
French cosmetics giant L’Oréal will cut prices of products imported into China, following up on Beijing’s cut of import duties on consumer goods.
Ryanair’s net income rose 66% in the financial year ended March and it expects the figure to rise further this year.
A Securities and Exchange Commission program offers financial rewards for information on wrongdoing. Many tipsters have found it tough to collect, however.
Nestlé is getting a big lift from customized Web orders for its still and sparkling water brands Poland Springs, Perrier and Pure Life.
This year’s Memorial Day weekend box office, at an estimated $190 million, was the lowest since 2001. Disney’s “Tomorrowland” was a big disappointment.
Money is only part of the equation. New research offers surprising insights into the complex path to satisfaction.
Travelers Cos., the giant property-casualty insurer, has gone to great lengths to stop other companies from hoisting umbrellas as logos.