KUALA LUMPUR Malaysian police raided the office of troubled state investment fund 1MDB on Wednesday, following a report that claimed investigators looking into the firm found nearly $700 million had been transferred to Prime Minister Najib Razak’s bank account... More »
SHANGHAI Chinese stocks fell on Tuesday, taking little comfort from a slew of support measures unleashed by Beijing in recent days, and unnerved by Chinese Premier Li Keqiang’s failure to mention the market chaos in a statement on the economy. Before the marke... More »
NEW YORK A Bronx, New York clothing designer suing Jay Z for royalties from the Roc-A-Fella Records logo is seeking the recusal of a federal judge overseeing the $7 million lawsuit. In a Monday court filing, plaintiff Dwayne Walker said U.S. Magistrate Judge R... More »
ATHENS Tens of thousands of Greeks rallied on Monday to back their leftwing government’s rejection of a tough international bailout after a clash with foreign lenders pushed Greece close to financial chaos and forced a shutdown of its banking system. With a po... More »
NEW YORK Jeffrey Gundlach, a widely followed investor who oversees DoubleLine Capital, said in an interview on Monday his firm had purchased “lots of Treasuries and Ginnie Maes” on Friday, ahead of new developments in the Greek and Puerto Rico crises. The U.S.... More »
A clothing designer area is pictured at TechShop in the South of Market neighborhood in San Francisco, California April 24, 2014. REUTERS/Robert Galbraith In the shadow of Internet monoliths such as Facebook, Google and Twitter, it’s easy to forget that Silico... More »
A Cisco office is pictured in San Diego, California November 12, 2012. REUTERS/Mike Blake Cisco’s corporate venture-capital arm said it would deploy $150 million to start-up companies over the next two to three years, accelerating its investments into areas su... More »
PayNet President William Phelan speaks at the 2011 Reuters Manufacturing and Transportation Summit in New York December 12, 2011. REUTERS/Brendan McDermid U.S. small businesses boosted borrowing in March, signaling a renewal of confidence in growth prospects a... More »
Pedestrians walk past the NASDAQ MarketSite in New York’s Times Square in this June 4, 2012 file photo. REUTERS/Eric Thayer/Files Private equity firm KKR & Co LP (KKR.N) plans to allow investors to sell parts of their stake in buyout funds through a new privat... More »
The logo of Spanish bank Santander is seen outside a building in Madrid October 27, 2011. REUTERS/Andrea Comas Across Spain, the message is hard to miss in office windows showcasing offers: banks want to lend to small companies again. More »
Square Inc has been in talks with several rivals for a possible sale as the mobile payments startup looks to stem widening losses and dwindling cash, the Wall Street Journal reported, citing people familiar with the matter. More »
