Britain's Amir Khan defeated previously unbeaten American Carlos Molina in a light-welterweight showdown on Saturday, returning the Englishman to the world title scene after back-to-back losses. After watching Khan batter Molina for most of the

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Renault's move into low-cost cars, which has kept the French automaker afloat as mass-market peers drown in European losses, may soon help it sink competitors beyond the old continent. That is the long game for

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The central bank of the United Arab Emirates has postponed introducing restrictions on commercial banks' exposure to state-linked debt and requirements for them to hold liquid assets, after complaints from the banks. "The Central Bank

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Islamic Bank of Britain (IBB), the country's only sharia-compliant retail lender, said a deadline for a Qatari bank to decide on a proposed takeover offer had been extended to January. IBB is majority-owned by Qatar

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Chancellor Angela Merkel criticised the centre-left opposition for blocking her government's efforts to cut income taxes by 6 billion euros, telling a German newspaper those parties will have to explain that to voters in next

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Kuwait's Zain said on Sunday it paid 867.8 million riyals ($231.4 million) to Motorola on behalf of its unit Zain Saudi to cover costs related to a contract entered by the unit with the US

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Talks between General Motors' Opel unit and France's PSA Peugeot Citroen on joint vehicle development are on track, while there are no plans at this stage to build cars together, Opel's interim chief executive told

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Rights activists in Britain launched a campaign on Sunday calling on Swedish retail giant H&M to take concrete action to stop using cotton harvested by forced labour in Uzbekistan. H&M, the world's second-largest fashion retailer,

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Germany's central bank has serious reservations about the legal framework for creating a broad banking union in Europe, news magazine Der Spiegel reported on Sunday, citing an opinion from lawyers at the Bundesbank. The report

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Italy can confront current financial market tension without asking for the activation of the European Central Bank's bond-buying scheme, Bank of Italy Governor Ignazio Visco told daily La Stampa on Sunday. While a deep recession

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