Author: Reuters

Several large Chinese companies, including tech giant Alibaba , are actively looking at opportunities in Turkey and have met with Turkish firms after the lira’s sell-off has made local assets cheaper, sources familiar with...

Shares in H&M rose more than 10 percent on Thursday after the fashion retailer reassured investors that it would not need to cut costs further to shift unsold clothing despite a bigger than expected fall in quarterly...

Saudi Arabia’s first comprehensive bankruptcy law went into effect last month, one of many reforms to the legal system that economists say may be more important in the long run than high-profile...

Oil prices rose by nearly 1 percent on Thursday, driven by the prospect of a shortfall in global supply once U.S. sanctions against major crude exporter Iran come into force in just five weeks’...

France has no plans for now to sell its 14 percent stake in Air France-KLM , Finance Minister Bruno Le Maire said on Thursday, pressing the group’s new chief executive to focus on increasing...