European shares joined a global rally in riskier assets on Tuesday and German bond prices fell as hopes grew that European leaders would agree on fresh action to tackle the debt crisis while promoting ...

By Kelvin Chan, The Associated Press HONG KONG - Nissan's upscale Infiniti brand unveiled its new global headquarters in Hong Kong on Tuesday, as the Japanese automaker uses the southern Chinese financial ...

By Barbara Ortutay,Pallavi Gogoi, The Associated Press NEW YORK, N.Y. - Facebook was supposed to soar. Instead, it plunged. After the social network's stock fizzled on Friday in its long-awaited debut, ...

Casino industry leaders gathered in the world's gambling capital Macau on Tuesday for the Global Gaming Expo Asia, a three-day feast of gambling innovations at the glitzy Venetian hotel.No expense or kitschy ...

By Alex Kennedy, The Associated Press SINGAPORE - Oil prices hung below US$93 a barrel Tuesday in Asia, holding gains from the previous day as crude followed global stock markets higher. Benchmark oil ...

Japanese microchip maker Renesas Electronics will cut 6,000 jobs, or 15 percent of its workforce, a leading daily reported on Tuesday, as the nation's chip industry struggles on the world stage.The firm, ...

Casino industry leaders gathered in the world's gambling capital Macau on Tuesday for the Global Gaming Expo Asia, a three-day feast of gambling innovations at the glitzy Venetian hotel.No expense or kitschy ...

Nasdaq OMX faces short-term costs from its botched handling of Facebook shares on their first day of trading but the longer term repercussions could be more expensive as it struggles to restore its image. ...

By The Associated Press CLEVELAND - Eaton Corp. has agreed to purchase Cooper Industries PLC in a cash-and-stock deal valued at about $11.46 billion that is designed to expand its reach in the global electrical ...

Diversified industrial manufacturer Eaton Corp struck a deal to buy electrical equipment maker Cooper Industries Plc for $11.8 billion in cash and stock and said it would shift its incorporation to Ireland ...

Canada's Fairfax Financial Holdings Ltd will buy Thomas Cook Group Plc's 77 percent stake in its India operations for about $150 million, as the UK holiday firm continues to pay down its debt. Property ...

Fidelity Investments and other big mutual fund families that were early backers of Facebook Inc are likely still winners despite the social network's troubled stock market debut. Facebook shares were priced ...

US shares racked up strong gains Monday with the Nasdaq adding nearly 2.5 percent helped by an Apple surge, but Facebook shares flipped below their IPO price on their first full day of trading.Jumps in ...

Stocks rose more than 1 percent on Monday, with the S&P 500 snapping a six-day losing streak in a rebound from equities' biggest weekly drop in almost six months, but Facebook slumped in its second session ...

By Pallavi Gogoi, The Associated Press NEW YORK, N.Y. - Nasdaq says it has modified its system for handling initial public offerings after technical glitches marred the debut of Facebook on Friday. The ...

By David Friend, The Canadian Press TORONTO - After starting the year with strong earnings momentum, Canada's biggest banks will likely report slower growth in the second quarter when they begin rolling ...

By Shawn Pogatchnik, The Associated Press DUBLIN - Budget airline Ryanair reported record profits Monday as its recession-resistant business model continued to attract passengers from higher-fare carriers ...

By Alex Kennedy, The Associated Press SINGAPORE - (TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE) Oil rose above ...

High-end London-based jeweller Graff Diamonds on Monday launched the roadshow for its reported $1.0 billion initial public offering in Hong Kong, one of the biggest this year.Graff Diamonds Founder and ...

By Alex Kennedy, The Associated Press SINGAPORE - (TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS.UN), (TSX:CVE) Oil prices rose ...

By The Canadian Press OTTAWA - Federal Labour Minister Lisa Raitt is expressing concern about the threat of a strike at CP Rail (TSX:CP). The union representing 5,000 employees issued 72 strike notice ...

By Malcolm Morrison, The Canadian Press TORONTO - Traders can look forward to what will likely be another week of high anxiety after worries about the eurozone continued to erode gains on the TSX last ...

By The Canadian Press TORONTO - A final last-ditch attempt between Air Canada and its pilots to work out a new contract on their own came to a crashing halt Saturday as talks fell through and arbitration ...

By The Canadian Press CALGARY - Unionized workers at Canadian Pacific Railway (TSX:CP) have turned up the heat at the bargaining table, serving 72 hour strike notice. The company issued a news release ...

Europe's second largest lender Russia's Sberbank will see some certainty over the planned privatization sale after the new Russian government's lineup is announced on May 21, CEO German Gref said on Saturday. ...

By Barbara Ortutay, The Associated Press NEW YORK, N.Y. - In the hours before Facebook's stock began trading on the Nasdaq Stock Market for the first time, CEO Mark Zuckerberg reminded the company's 3,500 ...

Manulife Financial Corp and Metlife are among the companies that have submitted first round bids for ING's entire Asia life insurance business, sources said on Saturday, in what could be the largest Asia ...

By Barbara Ortutay, The Associated Press NEW YORK, N.Y. - It was barely a "like" and definitely not a "love" from Facebook investors as the online social network's stock failed to live ...

Facebook CEO and founder Mark Zuckerberg took the company public on Friday but the stock price closed just barely above its IPO price as stock markets closed.

Lead Facebook Inc underwriter Morgan Stanley took a bet earlier this week when it increased the size of the social networking firm's $16 billion initial public offering and it boosted the price. Thanks ...

By The Canadian Press TORONTO - Priszm Income Fund, which has been Canada's largest owner of KFC restaurants, has received court approval for the sale of 57 restaurants in Alberta and Manitoba, says its ...

By Pallavi Gogoi, The Associated Press NEW YORK, N.Y. - Some investors who thought they had bought Facebook shares at the opening of trading were left without knowing for hours whether they had received ...

By The Associated Press It's Facebook's big day. The site, which was born in a dorm room eight years ago and has grown into a worldwide network of almost a billion people, is making the most talked-about ...