Toshiba Corp. said it is considering selling part of its semiconductor business to raise financing in response to a drawn-out accounting scandal.
The company approved a $1.9 billion bauxite project in northeastern Australia, bucking a trend among resources majors that have largely iced new mines.
The U.K. stress tests have a focus on emerging markets, but investors may have overlooked the potential corporate credit woes.
Brazil’s government plans to sue mining giants Vale SA, BHP Billiton Ltd. and their joint venture Samarco Mineração SA for $5.3 billion in response to a catastrophic dam failure earlier this month, officials said.
Barclays has been fined by British regulators over anti-money-laundering control failings linked to a secretive $2.83 billion deal it arranged for a number of rich clients.
Wal-Mart and Neiman Marcus suffered website problems during the Black Friday shopping spree, throwing a wrench in to some shoppers’ plans to avoid long lines by grabbing deals online.
The Dow industrials ended lower in an abbreviated, post-Thanksgiving session Friday as energy and consumer discretionary shares posted losses.
The government of the Netherlands said Friday it would appeal last month’s decision by the European Union that its tax ruling with Starbucks amounts to illegal state aid.
Traders are watching readings from the ECB and the U.S. job market for signs that economies and rates in the U.S. and Europe will diverge even more.
Low heating bills and inexpensive gasoline prices should benefit holiday spending.