HONG KONG - A small producer of solar panels on Friday became the first company in recent history to default in China's domestic bond market, a development welcomed by analysts as a sign that the nation's huge but protected corporate debt market may ...
After a long courtship, private equity giant Cerberus Capital Management agreed to buy Safeway Safeway for over $9 billion on Thursday afternoon.
The number of Americans filing new claims for jobless benefits hit a three-month low last week, suggesting some strength in a labour market that has been hobbled by severe weather.
US stocks mostly rose overnight, with the S&P 500 closing at yet another record on better-than-expected jobless claims data and the European Central Bank's move to keep rates unchanged.
Staples Inc., the largest U.S. office supply retail chain, has announced plans to close 225 stores amid growing competition from online retailers.