A Bangladeshi garment industry leader on Saturday guardedly welcomed Italian retailer Benetton's pledge of more than $1 million to victims of a factory collapse that killed over 1,100 people two years ago, saying it had come late but was appreciated.
World finance officials said Saturday they see a number of threats on the horizon for a global economy still clawing back from the deepest recession in seven decades, and a possible Greek debt default presents the most immediate risk.
A. Alfred Taubman, the self-made Michigan billionaire whose philanthropy and business success -- including weaving the enclosed shopping mall into American culture -- was clouded by a criminal conviction late in his career, has died. He was 91.
Bloomberg LP's trading terminals, which are used by most of the world's biggest financial firms, went down for a few hours Friday due to apparent technical problems, a crash that prompted the British government to postpone a planned $4.4 billion debt issue.
Emotions are running high at Cirque du Soleil as the company is preparing to announce the sale of the famed Quebec circus troupe on Monday even though co-founder Guy Laliberte has yet to fully sign off on the transaction.