BEIJING - The International Monetary Fund's decision to add the Chinese renminbi to its basket of reserve currencies was hailed Tuesday as a milestone in China's quest to play a bigger role in the global economy, but also recognized as a challenge to ...
CHICAGO U.S. shoppers seeking to avoid the holiday crowds at bricks-and-mortar stores and snare deals on Cyber Monday came face-to-face with traffic jams and product sellouts, with some customers of Target Corp (TGT.
Manchester City's Aleksandar Kolarov celebrates after scoring during the English Premier League soccer match between Manchester City and Southampton at the Etihad Stadium, Manchester, England, Saturday Nov. 28, 2015.
LONDON - The Bank of England singled out two of Britain's largest banks on Tuesday for failing to meet certain capital thresholds in the latest round of tests examining the banking sector's ability to withstand future global financial shocks.
Looking to revive its once-booming smartphone business, Samsung Electronics (OTC:SSNLF) has appointed a new boss for its mobile division.