British inflation fell more than expected in July and surging house price growth slowed in June, making it less likely the Bank of England will raise interest rates this year.

Aug 19, 2014 03:00 PM EDT

More than 2,400 former Lehman Brothers bankers based in Britain will have their pensions paid in full after winning a six-year battle to receive their money from parts of the collapsed U.S. investment bank.

Aug 19, 2014 02:59 PM EDT

General Motors Co's (GM.N) website for owners of its vehicles recalled for faulty ignition switches has been expanded to include all 20 models involved, the automaker said.

Aug 19, 2014 02:55 PM EDT

Uber has enlisted David Plouffe, President Barack Obama's 2008 campaign advisor, to devise and run its global political and branding strategy, as the fast-growing car rides-on-demand firm runs into stiff resistance from taxi companies in some cities.

Aug 19, 2014 02:51 PM EDT

Porsche Automobil Holding SE persuaded a U.S. federal appeals court to uphold the dismissal of a lawsuit by more than 30 hedge funds that accused the German automaker of fraudulently cornering the market in Volkswagen AG shares.

Aug 15, 2014 03:39 PM EDT

FedEx Corp faces a new charge of conspiring to launder money in a U.S. criminal case over the company's drug deliveries for rogue online pharmacies despite warnings from law enforcement.

Aug 15, 2014 03:30 PM EDT

Canadian plane and train maker Bombardier and Japanese industrial giant Hitachi are the two frontrunners to buy Finmeccanica's rail subsidiaries, several sources close to the auction process said.

Aug 15, 2014 03:28 PM EDT

World number two home appliances maker Electrolux said on Thursday it was in talks to buy General Electric's household appliances business.

Aug 14, 2014 01:52 PM EDT

U.S. stocks edged higher on Thursday after conciliatory comments by Russian President Vladimir Putin eased concerns about the country's tense situation with Ukraine and overshadowed signs of weakness in the European economy.

Aug 14, 2014 01:51 PM EDT

General Motors Co will invest 6.5 billion reais ($2.8 billion) in Brazil over the next five years, Chief Executive Officer Mary Barra said on Thursday.

Aug 14, 2014 01:49 PM EDT

Deutsche Bank, Germany's largest bank, and state-backed lender BayernLB [BAYLB.UL] have agreed to settle an $810 million lawsuit in connection with residential mortgage-backed securities, or RMBS, that Deutsche sold to BayernLB.

Aug 14, 2014 01:48 PM EDT

Berkshire Hathaway Inc's share price on Thursday crossed $200,000 for the first time, the latest milestone for the company that Warren Buffett built over nearly five decades into what some analysts view as a microcosm of the U.S. economy.

Aug 14, 2014 12:44 PM EDT