As the Bank of England makes stress tests more difficult to pass, U.K. banks will have to retain more capital which may see many of them cutting dividend payouts.
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.
A possible tax on drinks with added sugar threatens to compound woes for beverage companies already wrestling with a slowdown in Southeast Asia’s largest economy.
Japanese Prime Minister Shinzo Abe said he would increase spending on social programs and raise the minimum wage as he tries to jump-start the flagging economy.
Toshiba Corp. said it is considering selling part of its semiconductor business to raise financing in response to a drawn-out accounting scandal.
Chesapeake CEO Doug Lawler has spent the past two years trying to turn around an icon of the U.S. energy boom in turmoil financially, operationally and culturally.
The future price of copper and the growth of companies that produce it could hinge on a single precious resource: water.
Official data is understating the growth in Japanese workers’ compensation.
As Apple Pay enters China, the country’s lead in mobile payments provides a road map of sorts.