Italian taxpayers now stand responsible for over 22 billion euros ($25.4 billion) of bailout money recently extended to the sector as the Italian state has stepped in with funding to

In a plan that promises to create almost half a million jobs and with the aim to extend its lead in memory chips and next-generation smartphone displays, Samsung Electronics Co

With GlaxoSmithKline unveiling a new $43 million deal in the field, in order to improve the hit-and-miss business of finding new medicines, the world’s leading drug companies are turning to

In an attempt to regain control of his sprawling business empire, a law suit has been filed by Japanese casino and slot machine tycoon Kazuo Okada against his son, daughter

Justifying its response to the controversial Malaysian fund 1MDB, Singapore’s central bank has said that a stronger signal than levying hefty fines on the banks is sent by publicly “naming

Internet gambling payments are being made with a network of dummy online stores that offer household goods as a front, claims Reuters. Seemingly selling items including fabric, DVD cases, maps,

With the aim to seal a deal worth some $18 billion by next week as it scrambles for funds to cover massive losses, Toshiba Corp has chosen a consortium of

The difficulties of coping with a dwindling and rapidly aging population in Japan were highlighted in a recent a Reuters poll on Japanese firms which say that over the next

As Takata Corp works toward a deal for financial backing from U.S. auto parts maker Key Safety Systems Inc, it is preparing to file for bankruptcy as early as next

A new report from JPMorgan suggests that the traditional stock picker is being in the dust and now dominating the equity markets are quantitative investing based on computer formulas and

Was the dip in tech stocks the start of a significant reversal for the high-flying group or was the Friday drop a one-day aberration is the big question remains after

As the second-largest U.S. ride-hailing company tries to capitalize on missteps by Uber Technologies Inc., Lyft Inc. is expanding its roster of automotive partners. Jaguar Land Rover said that it

Expecting to capitalize on the Trump administration’s emphasis on “fighting Jihadism” is Israeli-American solar power generation company Energiya Global. Half of his company’s projected pipeline of some 1500 Megawatt of

Adding to Japan’s SoftBank Group Corp’s growing artificial intelligence portfolio would be two firms that build walking robots from Alphabet Inc, which would be bought by a unit of the

Exposing the sensitivity of Gulf hubs to regional uncertainty and creating openings for rival airlines – at least in the short term, a bust-up between Arab powers has dealt a

Partly because it would mean dealing directly with a Venezuelan state bank, Goldman Sachs turned down a request from Caracas to convert $5 billion in sovereign bonds into marketable securities

Shifting away from smartphones where intense competition has pushed down components prices, and with bets on new areas such as driverless cars, virtual reality and artificial intelligence, were put by

Telecoms firms see Esports as a way to lure younger clients and brand themselves as digital companies rather than merely providers of phone services, with championships watched by crowds of

There are media reports, based on source information close to Facebook that this social media giant is hosting an invitation-only summit dedicated to health on June 6 in New York.