FRANKFURT, Germany -- The European Central Bank raised its benchmark interest rate Thursday by a quarter percentage point to 4.25 percent in an effort to reign in escalating inflation in the 15-nation euro zone. The move comes despite worries in some ...

HONG KONG (Thomson Financial) - Hong Kong shares closed the Wednesday session down, dragging the key index to its lowest level in more than three months, on worries companies may post lower profits this year due to the slumping U.S. economy and a ...

SYDNEY, June 30 (Reuters) - Australian investment firm Babcock & Brown Ltd , hit by worries over high debt earlier this month, won a reprieve from its lenders, sending its shares up as much as 17 percent on Monday. Two-thirds of Babcock ...

Shares of Yahoo Inc fell more than 3 percent on Friday as reports of a brain drain raised fresh worries about the future of the Web company after it chose to partner with Google Inc instead of Microsoft Corp .

Shares of Yahoo Inc fell more than 3 percent on Friday as reports of a brain drain raised fresh worries about the future of the Web company after it chose to partner with Google Inc instead of Microsoft Corp .

Wall Street ended a week of big losses with more selling Friday as rising oil prices again raised worries that strained consumers will cut back spending and hurt the overall economy. The Dow Jones industrials fell nearly 150 points in the final session before the three-day holiday weekend. ADVERTISE ...

Both lawsuits over the $25 billion buyout of Clear Channel Communications Inc. by Bain Capital LLC and Thomas H. Lee Partners LP are moving swiftly, while the wide spread on the buyout of Penn National Gaming Inc. by Fortress Investment Group LLC and Centerbridge Partners LP reflects worries about t ...