Goldman Sachs Group Inc is in talks with the U.S. government and a state regulator to possibly pay up to $2 billion and admit guilt to resolve investigations into its role in a Malaysia corruption scandal, according to a source familiar with the matter.
Incoming Chief Executive Bernard Looney will not take up either of BP's seats on the board of Rosneft when he takes over in February because of the complexity of the relationship with the Russian oil giant, five company sources said.
Art Cashin, managing director of UBS Financial Services, offers his predictions for 2020.
The Bank of England (BOE) has admitted that a rogue supplier has been misusing feeds from its press briefings since earlier this year.
Goldman Sachs Group Inc is in talks with the U.S. government to pay a $2 billion fine and admit guilt to resolve a criminal investigation into its role in a Malaysian corruption scandal, the Wall Street Journal reported on Thursday.
Facebook's Libra project has no solid plan yet for how or where it will be launched next year, a member of the board that will oversee the cryptocurrency told Reuters on Thursday.
The number of Americans filing applications for unemployment benefits dropped from more than a two-year high last week, pointing to sustained labor market strength.
Bond yields rose and Sweden's crown stayed ice cool on Thursday as the country became the first to raise interest rates out of sub-zero territory, while world stocks drifted off this week's record highs.
General Motors Co said Thursday it is issuing recalls for more than 900,000 vehicles worldwide in two separate campaigns to address brake software and fire risks.
British engineering company Rolls-Royce gave a first look at a one-seater electric aircraft on Thursday it hopes will fly in late Spring next year and become the world's fastest all-electric aircraft.
December graduates are facing the hottest job market in decades. Here's how to navigate it.
U.S. stock index futures were nearly flat on Thursday as investors looked past the impeachment of President Donald Trump, who is unlikely to be removed from office.
France's 'AHTOP' tourism association urged the French government to take action after U.S. homesharing site Airbnb won its battle to remain exempt from onerous European property regulations.
Swatch will be blocked from selling some parts to watchmakers, ranging from Richemont's Cartier to Chopard and Breitling, from next year in an escalation of a row between the world's biggest watchmaker and Switzerland's competition regulator.
Accenture Plc beat Wall Street estimates for first-quarter earnings on Thursday, as investments in its fast-growing digital and cloud services businesses continue to pay off.