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US urges air bag repairs as Toyota expands recall

US authorities on Monday urged owners of vehicles with potentially deadly defective Takata air bags to seek repairs as Toyota recalled about 247,000...

US stocks move higher IBM disappoints

U. S. stocks moved mostly higher Monday following a turbulent week. IBM fell sharply after reporting results that missed investors' expectations,...

ECB starts buying covered bonds in fight to revive euro zone economy

FRANKFURT/PARIS (Reuters) - The European Central Bank has started buying covered bonds, an ECB...

China Mobile quarterly revenue falls for first time since at least 2009

BEIJING (Reuters) - Quarterly revenue at China Mobile Ltd <0941. HK> fell...

Bundesbank says German economy to hold steady for rest of year

FRANKFURT (Reuters) - Germany's economic output in the third quarter of the year is likely to be...

Spain's Ferrovial bids to buy Australian Transfield

Spanish construction giant Ferrovial offered 687 million euros ($875 million) to buy Australian firm Transfield Services, which rejected the bid as poor...

Mark Zuckerberg named to board of influential Beijing business school

BEIJING (Reuters) - China's Tsinghua University School of Economics and Management has added three...

HSBC fall weighs on FTSE as rebound loses steam

LONDON (Reuters) - Britain's top equity index slipped on Monday, as last week's bounce off 15-month lows faded and a dip in the shares of global...

BIS chief economist warns of dangers of easy money

The current ultra‑expansive monetary policy around the world could pose a threat to financial stability, the chief economist of the Bank of...

Soft demand and one-off charges push Philips to third-quarter loss

AMSTERDAM (Reuters) - Dutch healthcare and lighting company Philips <PHG. AS> swung to a net loss...