Ford said Wednesday it expected to post a $112 million loss in the fourth quarter of 2018 as the automaker implements a massive restructuring in the United States and Europe. The second-biggest US automaker said

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Bank of America Corp reported better-than-expected fourth-quarter profit on Wednesday as higher interest income and loan growth eclipsed declines in revenue from investment banking and bond trading. The second-biggest US lender's results were underpinned by

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Bank of America Corp reported better-than-expected fourth-quarter profit on Wednesday as higher interest income and loan growth eclipsed declines in revenue from investment banking and bond trading. The second-biggest US lender's results were underpinned by

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Goldman Sachs posted better-than-expected quarterly profits despite higher legal and regulatory expenses, the company reported Wednesday. The investment bank notched fourth-quarter profits of $2.3 billion, after posting a $2.1 billion in the same period of

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Goldman Sachs posted better-than-expected quarterly profits despite higher legal and regulatory expenses, the company reported Wednesday. The investment bank notched fourth-quarter profits of $2.3 billion, after posting a $2.1 billion in the same period of

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The European Commission will reinstate duties on rice from Cambodia and Myanmar after a surge in cheap imports that hurt European producers, the EU's executive arm said Wednesday. Starting Friday, it will apply a duty

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Extreme poverty in Latin America hit its highest level for nine years in 2017, according to a report by the UN's Economic Commission for Latin America and the Caribbean (ECLAC) published on Tuesday. Poverty remained

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US import prices fell for a second straight month in December as the cost of petroleum products tumbled and a strong dollar curbed prices of other goods, leading to the largest year-on-year drop in more

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Saudi Arabia's stock market rose on Wednesday, boosted by its bank shares, while Egypt's index was lifted by its blue-chip stocks, mirroring a gain in emerging markets. Saudi Arabia's index rose 0.7 percent with Banque

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Japanese shares retreated from a four-week high on Wednesday as investors took profits on firms exposed to China's economy a day after they enjoyed a boost from Chinese stimulus hopes. Despite small gains on Wall

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