The ratings agencies Moody's and S&P have sharply downgraded the long-term debt ratings of the troubled Portuguese bank Banco Espirito Santo (BES).
The headquarters of Reynolds American is seen next to the old RJ Reynolds Tobacco smoke stacks in downtown Winston-Salem, North Carolina.
DETROIT (Reuters) - Incoming Cadillac President Johan de Nysschen - the brand's third boss in two years - faces a daunting task that his predecessors failed to complete: How to reposition General Motors Co's 112-year-old premium brand as a true ...
A debate is intensifying among the Federal Reserve's regional bank presidents about whether to push interest rates up from zero sooner than planned because of recent improvements in the U.S.
Amazon has formally requested permission from the Federal Aviation Administration to start testing drones as part of its proposed Prime Air service to deliver packages by air.