Expectations for a pullback in U.S. monetary stimulus continued to weigh on European stock markets, with investors also looking ahead to the European Central Bank's monthly rate decision later in the session.
The french bank said it would buy Bank Gospodarki Zywnosciowej from Dutch lender Rabobank to boost its presence in Poland.
A week and a half after China suddenly asserted authority over a busy patch of airspace in the East China Sea, concerns are rising that Asia's territorial disputes could end up weighing on commercial air travel.
Siemens expects a significant increase in profits at its Infrastructure & Cities division on restructuring and a clearer focus on high-margin contracts.
China's central bank on Thursday barred the nation's financial institutions from offering services related to and warned of risks associated with the virtual currency bitcoin.
German pharmaceutical and chemical company Merck has agreed to buy U.K.-listed AZ Electronic Materials for $2.48 billion to boost its specialty chemicals business.
In a defeat for Wall Street, the "Volcker rule" won't allow banks to enter trades designed to protect against losses held in a broad portfolio of assets.
Vikram Pandit, former CEO of Citigroup, is helping to fund an upstart in the peer-to-peer lending industry, joining a growing movement trying to disrupt the traditional banking model.
Qantas Airways forecast a steep first-half loss, potential asset sales and deep spending cuts that will include the axing of another 1,000 jobs.
Markets edged down, with Australia and Singapore leading the region lower. Qantas plunged over 10% in Sydney after announcing steep first-half losses and job cuts. The S&P/ASX 200 fell 0.6%.
Samsung is looking to sell more smartphones to corporate and government clients, but to do so, the technology giant has to address problems with its mobile security platform.
Intuitive Surgical warned customers last month that instruments used in its surgical robots can momentarily stall during procedures.
The activist billionaire is softening his approach to getting at Apple's bulging cash pile, now seeking a shareholder vote for a more-modest share buyback than what he proposed earlier this year.
AT&T and T-Mobile US are considering bids for a block of spectrum licenses held by Verizon Wireless, people familiar with the matter said.
Six financial institutions were fined $2.32 billion by European Union regulators for colluding in an attempt to manipulate key benchmark interest rates, the EU's largest-ever penalty in a cartel case.
Gasoline prices are rising as the holiday season kicks off, as stronger demand in the U.S. and elsewhere takes a bite out of fuel supplies.
The ratings firm cited "evidence of a sustained rebalancing" in the country's economy that supports its view that public finances are slowly improving.
Norman Rockwell's "Saying Grace," a painting that adorned the cover of the Saturday Evening Post in 1951, sold for $46 million at Sotheby's in New York, setting a record for the American Art category.
Top general warns of stalling tactics by Afghan President Karzai.
Google launches website, Android app to follow Santa's sleigh ride.