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Sotheby's CEO William F. Ruprecht has announced his resignation after 14 years in the role. William Ruprecht, 58, would leave his post by "mutual agreement"...

Japan's PM Shinzo Abe has dissolved the lower house of parliament in preparation for an early election

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Japan's PM Shinzo Abe has dissolved the lower house of parliament in preparation for an early election. Shinzo Abe is seeking a new mandate for...

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President Barack Obama will announce his plans to use overriding executive powers to enact major changes to immigration policy. Barack Obama will unveil his strategy...

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Former Italian PM Silvio Berlusconi has said that pensioners will get free trips to the cinema if his party is returned to power. Silvio Berlusconi,...

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Commerzbank has announced it will charge big corporate clients fees if they hold substantial deposits at the bank. The German bank is the first major...

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Wal-Mart announced that on November 21 they will match competitors select Black Friday deals one week early. Some of the deals include 40-inch LED HDTV,...

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The US Senate has failed to pass a bill approving the controversial Keystone XL oil pipeline. The Senate voted by 59-41 in favor of the...

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Japanese PM Shinzo Abe has called snap election in December, two years ahead of schedule. At a news briefing, Shinzo Abe said he would dissolve...

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Indonesia has decided to increase fuel prices by more than 30% in an attempt to save the economy more than $8 billion in 2015. Prices...

Indians traditionally hoard gold in the belief it will bring financial security

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Why should you save your money in Gold and Silver? The only answer to this question is another question – Do you wish to have complete...

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HSBC Private Bank's Brussels branch is being accused of helping wealthy Belgians to avoid taxes. Belgian prosecutors allege that hundreds of clients - including diamond...

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Japan's economy, the world's third largest, unexpectedly shrank for the second consecutive quarter in Q3 2014, leaving the country in technical recession. Gross domestic product...

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The G20 summit in Brisbane has been closed by Australia’s PM Tony Abbott who detailed economic pledges agreed by world leaders. The leaders agreed to...

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Romanian voters are set to elect a new president in a run-off vote which pits social democrat PM Victor Ponta against centre-right candidate Klaus...

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Walmart employees pushing for higher wages announced on November 14 they were planning protests at 1,600 Walmart stores nationwide on Black Friday. Black Friday is...

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Virgin America airline shares surged more than 30% in the first day of trading on the NASDAQ stock exchange in New York. Richard Branson owns...

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On November 14, the House of Representatives passed legislation authorizing construction of the Keystone XL oil pipeline by a decisive vote of 252 to...

Italy's economy has fallen back into recession after contracting for two quarters in a row

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The UK economy is set to grow by around 0.5 percent before the end of 2014, according to a recent survey. Even though this...

Alibaba considers issuing first US bond sale

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Alibaba will meet with investors next week as it considers issuing its first US bond sale. The Chinese e-commerce giant has hired Morgan Stanley, Citigroup,...

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Oil industry giants, Halliburton and Baker Hughes, are in talks about a possible merger. Baker Hughes, the industry's third largest services provider, confirmed press reports,...

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Warren Buffett's Berkshire Hathaway has announced it will acquire battery maker Duracell from Procter & Gamble. Last month, Procter & Gamble had announced plans to...

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President Barack Obama has defended plans to use his overriding executive powers to push through changes to the US immigration system. Barack Obama said Congress...

Brent crude oil price has fallen below $80 a barrel

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Brent crude oil price has fallen at a four-year low, from $3.60 or 4.4% to $77.52. The benchmark US crude oil price is also at...

Honda recalled nearly 10 million vehicles with potentially defective Takata airbag inflators since 2008

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Honda Motor Co has widened its recall for the defective airbags by another 170,000 vehicles globally, taking its total recalls to nearly 10 million...

2013 Black Friday sales dipped for the first time in seven years

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The holiday season is a time for spending. According to the National Retail Federation's (NRF) Holiday Consumer Spending Survey, the average person will spend...