The increase in OPEC output along with faltering demand is pushing inventories up to a record of 3.1 billion barrels in July for developed nations. The...

Wells Fargo has been accused of creating 2 million fake customer accounts to hit sales targets. In a move to assure regulators, lawmakers and clients,...

Ted Baker was able to shrug off glum UK high street sales due to having just 20 standalone shops. British clothing company, Ted Baker (LON:TED), experienced...

The company is currently working on relaunching its popular products, Activia yogurt and Actimel fermented milk products. French yogurt maker Danone said...

Salix Pharmaceuticals was accused of paying illegal kickbacks to doctors for prescribing their products. McEldrew Young announced on Thursday a $54 million...

Oracle has said it intends to vigorously defend the matter. A former senior finance manager at Oracle Corp raised a lawsuit against the company on Wednesday...

Michael Kors saw its shares rise by 6.6 per cent during morning trade. Michael Kors Holding Ltd. recorded a better-than-expected 11 per cent increase in...

All of the Long Products Europe business will now trade under the name British Steel. Tata Steel Limited, an Indian multinational steel-making company...

Lord Jacob Rothschild is the chairman of RIT Capital Partners RIT Capital Partners, a large British investment trust chaired by financier Lord Jacob Rothschild,...

PLDT is estimated now to hold 57 percent of the wireless market share and Globe to hold 43 percent. Globe Telecom Inc and Philippine Long Distance Telephone...