Fed rattled by elusive inflation, but loath to sound alarm yet

With the U.S. economy humming along at its fastest clip in more than a decade, the Federal Reserve should be confident about its ability to weather a global slowdown and start lifting interest rates around ...

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Lufthansa cancels almost half of flights due to pilots' strike

German flagship carrier Lufthansa said it had canceled 1,350 flights, or 48 percent of scheduled services, for Monday and Tuesday as its pilots prepared to go on strike. German pilots' union VC had called ...

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ECB could fix euro zone flaw with risk-free bond: think tank

As the European Central Bank comes closer to buying sovereign bonds, one London-based think tank says an opportunity has arisen to fix one of the euro zone's birth defects -- the absence of a credible ...

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Asia factories find demand lacking, in further blow to commodities

Asia's factories appeared to have stepped down a gear last month as a glut of supply met a dearth of global demand, piling pressure on prices of manufactured goods and the commodities used to make them. ...

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What PR woes? Uber reportedly scores $40B valuation

Despite a bout of public relations missteps, investors reportedly revved up the popular ride-sharing service's valuation to $40 billion.

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Hong Kong counts cost of protests on city's core shopping districts

Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads ...

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Nikkei climbs to fresh seven-year high on strong data, weak yen

Japan's Nikkei share average rose to a fresh seven-year high on Monday as strong corporate spending lifted sentiment, with airline shares extending gains as oil prices tumbled further. Exporters were also ...

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El-Erian: October volatility a preview of what's ahead

Mohamed El-Erian says the world economy, being pulled in different directions by various central banks, could see a jump in volatility.

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Gold tumbles after Swiss referendum, oil hits five-year low

Gold prices tumbled on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum, joining the broad rout in commodities that sent oil prices to five-year lows and ...

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Germany's Schaeuble says ministers to discuss Greek credit line early December

Eurozone finance ministers will discuss in early December conditions for providing Greece with credit when its current aid program expires, German Finance Minster Wolfgang Schaeuble said on Sunday. Greece ...

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Japan November final manufacturing growth eases, still suggests modest fourth-quarter rebound: PMI

Growth in Japanese manufacturing activity eased in November and output expanded at a slightly slower pace than initially reported, a survey showed on Monday, suggesting a modest recovery after the economy ...

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Samsung Electronics keeps mobile chief despite falling profits

Top global smartphone maker Samsung Electronics Co Ltd said on Monday that mobile division chief J.K. Shin will retain his position, dashing for now speculation that he could be forced out in response ...

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China's official PMI slips to 50.3 in November, below forecast

Growth in China's factory sector slowed more than expected in November, a government study showed on Monday, underlining the challenges facing the sector as manufacturers fight rising costs and softening ...

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Sony hires Mandiant after cyber attack, FBI starts probe

Sony Pictures Entertainment has hired FireEye Inc's Mandiant forensics unit to clean up a massive cyber attack that knocked out the studio's computer network nearly a week ago, three people with knowledge ...

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Japan's third-quarter recession seen milder than feared as capex grows

Japan's fall into recession between July-September could turn out to be less severe than feared, with new capital expenditure figures out on Monday suggesting revisions will put third quarter economic ...

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HSBC says UK directors did not quit due to jail threat

Two directors of HSBC's British business have expressed concerns about new rules that can result in jail sentences for senior bankers, but only one has resigned, and that was mainly due to extra demands ...

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Congress gears up to fight Obama on tax breaks

After Republicans won control of the new Congress that will be seated in January, it quickly became clear that the next two years would be marked by conflict between GOP lawmakers and a Democratic president.

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Oil could slide to $40 as plunge ricochets across the globe

Oil is facing its fiercest decline since the financial crisis, and the impact is being felt around the globe.

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Altice set to buy Oi's Portugal operations - sources

Telecoms group Altice SA has agreed to buy the Portuguese operations of Brazil's Grupo Oi for about 7.4 billion euro , two sources close to the deal said on Sunday. Altice beat out a rival bid from private ...



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In fading Japan hinterland, skeptics doubt 'Abenomics' will cure ills

Mihoko Asaka wants to know how candidates in this month's election in Japan will create jobs and halt the drastic population decline that is bleeding her home region of youth and vitality, but has little ...

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Gold, Swiss franc fall after Swiss referendum

Gold prices fell the most in more than three weeks and the Swiss franc dipped slightly on Monday after Swiss voters overwhelmingly rejected proposals to boost gold reserves in a referendum. The measure, ...

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Sony hires Mandiant to help clean up after cyber attack

Sony Pictures Entertainment has hired FireEye Inc's Mandiant forensics unit to clean up a massive cyber attack that knocked out the studio's computer network nearly a week ago, three people with knowledge ...

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Fosun set to raise offer in Club Med bid battle: source

Chinese conglomerate Fosun , controlled by billionaire Guo Guangchang, is set to raise its bid for holiday company Club Mediterranee on Monday to trump Italian tycoon Andrea Bonomi, a source familiar with ...

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Energy stocks pummeled amid crude rout

A decision by OPEC not to cut production targets sent the shares of many big-name oil companies sliding on Friday.

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Putin expects oil prices to find balance by middle of 2015

Russian President Vladimir Putin said on Friday he was confident the oil market would find its balance by the middle of next year. "I am confident that in the first quarter, in the middle of next ...

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Will China's property market unravel in 2015?

China's wobbly property market has kept investors on edge this year, but the country's first rate cut in two years is expected to bring some stability into the all-important sector in 2015.

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These airlines will benefit most from oil price drop

Mohshin Aziz, Aviation Analyst at Maybank Investment Bank, explains why certain airlines will benefit more than others, such as Cathay Pacific, Singapore Airlines and Thai Airways.

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Oil nose dives as OPEC holds off on production cut

U.S. crude oil prices plunged more than 6% Friday to the lowest level since May 2010 as traders responded to OPEC's call to hold current production levels.

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Why a big Black Friday won’t actually boost retail stocks

More sales may not translate into higher share prices for retail stocks.

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Eurozone inflation dips as ECB mulls additional stimulus

A fall in energy costs as a result of dramatic declines in oil markets has pushed inflation across the 18-country eurozone down to 0.3 percent in the year to November, official figures showed Friday. Preliminary ...

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In fading Japan hinterland, scepticism doubt 'Abenomics' will cure ills

Mihoko Asaka wants to know how candidates in this month's election in Japan will create jobs and halt the drastic population decline that is bleeding her home region of youth and vitality, but has little ...

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Japan may expand air bag recalls; worried about impact on industry

By Mari Saito and Maki Shiraki TOKYO (Reuters) - Honda Motor and Mazda Motor may have to recall another 200,000 cars in Japan to replace Takata Corp (7312.T) air bags if Takata complies with a U.S. order ...

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4 ways to play winter weather

The "Fast Money" traders give 4 ways to play winter weather.

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Holiday case for retail: Santa vs. Scrooge

CNBC's Courtney Reagan and Steve Liesman debate the performance of retailers over the holiday season. Mark Cohen, former Sears Canada CEO, provides perspective.

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Germany's Schaeuble says ministers to discuss Greek credit line early Dec

Eurozone finance ministers will discuss in early December conditions for providing Greece with credit when its current aid program expires, German Finance Minster Wolfgang Schaeuble said on Sunday. Greece ...

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Hong Kong counts cost of protests on city's core shopping districts

Hong Kong is expected to report a drop in October retail sales on Monday, providing the first broad look at the impact of pro-democracy protests on core shopping areas after demonstrators blocked key roads ...

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Israel to stagger purchase of second F-35 batch

Israel will stagger the purchase of its second batch of 31 U.S.-made F-35 fighter jets over the next three years, an Israeli defense official said on Sunday after budget wrangling among Prime Minister ...

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Oil declines as OPEC seen holding off from production cuts

By Jessica Resnick-Ault New York (Reuters) - Oil prices fell on Wednesday after OPEC increased signals that it would hold off making any major production cuts this week. With U.S. trading subdued by the ...

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Wall Street tilts higher, logs fresh record highs

Bulls give thanks: The Dow and S&P 500 notched fresh closing highs on Wednesday as traders digested a cornucopia of economic data.

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Scam or business catalyst? The murky market for home-flipping advice

Yahoo Finance investigates a firm that's cashing in on a fresh house-flipping craze that mirrors a trend that burned many investors in the early 2000s.

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EU insurance watchdog warns on low interest rate threat

Some European insurers could have trouble meeting financial obligations to policy holders in the coming years if rock bottom interest rates persist, the EU's insurance watchdog EIOPA warned on Sunday. ...

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Inside Takata, tantrums, but little sense of crisis over air bags

Shigehisa Takada, the third-generation head of Takata Corp, shows little sense of the crisis engulfing the Japanese air bag maker at the center of one of the auto industry's biggest safety recalls, according ...

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It's not only Europeans pushing the EU to break Google up

By Foo Yun Chee BRUSSELS (Reuters) - When EU politicians call for the break-up of Google, it can sound like sour grapes, the anti-American backlash of an aging Europe envious, and fearful, of the wealth ...

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GSK to axe U.S. jobs as part of $1.6 billion cost cuts: sources

GlaxoSmithKline will this week inform U.S. staff of hundreds of job cuts in its biggest market as the drugmaker starts implementing a major cost-saving program, sources familiar with the matter said on ...

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German pilots' union calls strike for December 1 and 2

German pilots' union VC is calling a strike at carrier Deutsche Lufthansa for Monday and Tuesday after talks over early retirement benefits broke down. The dispute, which is over proposed changes to an ...

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Iran: OPEC decision not good for all members but won't protest

OPEC's decision to retain its production ceiling is not beneficial to all OPEC member states, but Iran has refrained from protesting to maintain group solidarity, Iranian oil ministry news agency Shana ...

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QE or not QE? Spotlight on the ECB as inflation dips

The ECB's monthly rate meeting will focus minds this week on the debate over quantitative easing in the euro zone, as a series of data releases on both sides of the Atlantic sheds more light on European ...

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Bricks-and-mortar sales edge lower at start of holiday season; online surges- data

U.S. shoppers spent slightly less money at brick-and-mortar stores on Thanksgiving Day and Black Friday than across the same two days in 2013, while online sales surged to record highs, data showed on ...

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U.S. retail sales edge down at start of holiday season: ShopperTrak

U.S. shoppers spent slightly less money during Thanksgiving Day and Black Friday than across the same two days in 2013, research firm ShopperTrak said on Saturday. ShopperTrak estimated that sales at brick-and-mortar ...

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U.S. markets wobble in holiday-thinned trade

By Ryan Vlastelica NEW YORK (Reuters) - U.S. stocks ticked higher on Wednesday as the market's recent upward bias held ahead of the Thanksgiving holiday, even as a round of economic data came in below ...

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Obama and daughters hit bookstore for Small Business Saturday

President Barack Obama and his teenaged daughters, Sasha and Malia, went to an independent book store in Washington to buy books as a way to promote Small Business Saturday, an event aimed at boosting ...

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Merkel behind Air Berlin in Etihad control dispute: report

German Chancellor Angela Merkel is backing loss-making Air Berlin in a dispute over whether its Abu Dhabi-based partner Etihad is exercising too much control, Focus magazine reported on Saturday. Etihad, ...

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German pilots' union says fresh strikes imminent at Lufthansa

German pilots' union VC said late on Friday that talks with carrier Deutsche Lufthansa over early retirement benefits have broken down and new strikes are possible at any time, although not at Christmas. ...



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ECB's Lautenschlaeger says sees little room for further easing

ECB Executive Board member Sabine Lautenschlaeger said on Saturday she saw little room for further easing of monetary policy despite a further fall in euro zone inflation. "According to the current ...

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As energy shares tumble, opportunity lurks

Shale stocks have been hard-hit as investors see margins all but evaporating following the slide in crude oil prices, but the U.S. shale energy boom is not over. An index of oil and gas exploration and ...

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What PR woes? Uber reportedly scores $40B valuation

Despite a bout of public relations missteps, investors reportedly revved up the popular ride-sharing service's valuation to $40 billion.

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Samsung Group sells shares in chemical, defence arms for $1.7 bln

By Joyce Lee and Se Young Lee SEOUL (Reuters) - South Korea's Samsung Group said on Wednesday it is selling stakes in four chemical and defence firms for 1.9 trillion won ($1.72 billion) to Hanwha Group, ...

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Exclusive: Einhorn - raising new money as performance lags

Superstar investor David Einhorn is raising cash for the first time since 2012 following three straight years of lagging performance - and some customer redemptions from his $10 billion hedge fund, Greenlight ...

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