African economies will gather pace this year and next year, in their fitful and uneven economic ascent, three prominent organizations said in a joint report.
Barrick Gold said it will sell an Australian gold operation to Evolution Mining for $550 million, one of several planned sales aimed at helping the miner reduce billions of dollars in debt.
Oil companies are ratcheting up their involvement in the debate over climate change as governments, activists, churches and some big investors gear up for a global summit on the issue at the end of the year in Paris.
BookCon, the literary cousin of Comic Con, will aim to drum up buzz for new titles by letting book fans mingle with celebrities like Mindy Kaling and Judy Blume.
U.S. Trade Representative Michael Froman says he is optimistic about Trans-Pacific Partnership trade pact, and says negotiations are “in endgame.”
French state-controlled power utility EDF made a preliminary offer for the reactor unit of nuclear-engineering firm Areva of €2 billion ($2.2 billion).
House prices are rising and bidding wars are breaking out in many markets. Here’s how to get what you want without overpaying.
Coal miner Murray Energy Corp. on Friday said it would lay off as many as 1,829 workers at mines in Illinois, Ohio and West Virginia.
Luxury car maker is investing $551 million in a Mercedes-Benz factory to produce high-tech engine components that reduce carbon dioxide exhaust emissions.
Arch Coal has tapped restructuring advisers to explore ways to decrease its multibillion-dollar debt load as a deep coal-market slump continues to weigh on the mining company and its rivals.
Sirius Resources, which is building a vast nickel mine in Western Australia state, agreed to a cash-and-shares takeover offer worth $1.4 billion by larger rival Independence Group.
Sweden emerged victorious in the 60th edition of the Eurovision Song Contest, narrowly beating Russia, which was booed by the audience at the Wiener Stadthalle arena in Vienna.
John Nash, a mathematician whose work on the nature of human negotiation changed modern economics and whose personal struggles with mental illness touched millions, died Saturday in a car crash along with his wife.
Amazon.com has started booking revenue from retail sales in individual European countries, instead of funneling all sales through low-tax Luxembourg.
Nestlé is getting a big lift from customized Web orders for its still and sparkling water brands Poland Springs, Perrier and Pure Life.
The heads of the world’s two largest central banks offered differing views regarding the role they should play in pushing for government economic overhauls.
The Senate, moving toward a final vote on fast-track trade legislation, rejected a contentious amendment backed by the auto industry that would press trade negotiators to include rules to combat currency manipulation in international trade pacts.
Having vanquished scores of brick-and-mortar retailers, Amazon has a new target: Etsy. The Seattle Web retailer is prepping a marketplace for artisan goods it is calling Handmade.
The chief of restructuring firm AlixPartners discusses missteps that global companies made in expanding in Asia and why a wave of corporate restructuring is inevitable.
The growing role of technology and globalization are creating demands in hiring for skills beyond traditional oversight of supply chains,
Australia is considering allowing foreign airlines to fly domestic routes in the tropical north of the country, in a plan that could potentially hurt local carriers.
Japan posted a better than expected trade deficit in April as a jump in exports to the U.S. helped mitigate an increase in crude oil import volumes.
German luxury auto maker Audi is betting on connected cars in China to attract and keep customers as demand for high-end cars wanes.
Greece said it won’t have the money it is due to repay to the IMF next month unless it strikes a deal with international creditors over further rescue funding.
High and divergent unemployment rates in Europe pose a serious threat to the region’s long-term economic health, central bankers and economists warned during a weekend conference.
Federal prosecutors are closing in on criminal charges against General Motors Co. over a faulty ignition switch linked to more than 100 deaths.
The looming prospect that Athens won’t be able to meet IMF debts due in mid-June is spurring dire scenarios—but little progress at the table.
Members of the International Longshore & Warehouse Union overwhelmingly approved a five-year contract provides labor stability at U.S. West Coast ports.
Deere’s profit dropped 30% in the latest quarter, but its shares rallied as proceeds from a business-unit sale and lower expenses delivered results that exceeded Wall Street expectations.
The future of the most expensive fossil-fuel power plant ever built in the U.S. is facing new pressures after a Mississippi utility backed out of its commitment to help pay for the clean-coal project.