Markets

The chief technology officer of United Technologies Corp , Paul Eremenko, has stepped down, just under two years after moving to the U.S. conglomerate from Europe's Airbus .

A banker at the center of a trading scheme German prosecutors say resulted in hundreds of millions of euros of illegitimate tax rebates told a court the scheme had taken on an "industrial scale" involving a network of banks and other institutions.

Munich prosecutors said on Wednesday they had launched a probe against Airbus after the company notified the authorities about potential irregularities involving customer documents.

LONDON: European equities trod water on Wednesday (Sep 18) as investors stuck to the sidelines ahead of a crucial US interest rate decision, while keeping an eye on developments in the Middle East after the attack on Saudi oil facilities. Expectations are running high for the US Federal Reserve...

The London Metal Exchange (LME) will postpone plans to ban metal tainted by human rights abuses until 2025, giving producers three more years to comply with guidelines and the exchange time to rethink its approach, industry sources said.

US homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.

Lisa Batitto, 54, says she has virtually stopped buying clothes ever since she started renting them.

REUTERS: U.S. stocks came under pressure on Wednesday after FedEx issued a profit warning, while investors waited for the Federal Reserve's decision on interest rates in what has been a rocky week for global markets. Shares of the package delivery company tumbled 13per cent and were on course ......

SINGAPORE: Singapore said it will not seek special provisions in negotiations that it is entitled to under its “developing country” status in the World Trade Organization (WTO). This is part of the country’s efforts to “support, uphold and update WTO rules”, said Minister for Trade and Industry ...

U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased, suggesting that lower mortgage rates were finally providing a boost to the struggling housing market.