LONDON Oil extended gains on Friday and was set for its biggest weekly rise in over six years after U.S. Federal Reserve minutes suggested it was in no hurry to raise interest rates and an influential forecaster predicted a price rally.
Bill Gross sued Pacific Investment Management Co. and parent Allianz SE for “hundreds of millions of dollars,” claiming he was wrongfully pushed out as the bond giant's chief investment officer by a “cabal” of executives seeking a bigger slice of the ...
Danish firm DSV, the world�s sixth-largest logistics company, has agreed to buy U.S.-based UTi Worldwide Inc. UTIW -3.28 % for $1.35 billion in move aimed at boosting its long-term growth prospects outside Europe.
The video streaming service will soon charge new users more to access their basic plan. 0:51 | 10/09/15. Share. Title. Description.
London: The British government cut its stake in Lloyds Banking Group Plc by about 500 million pounds ($768 million) and paved the way for selling more shares in Royal Bank of Scotland Group Plc as Chancellor George Osborne seeks to exit both holdings.