![The referendum result is not the best outcome for Italy's banks.](/web/20161205190139im_/http://www.smh.com.au/content/dam/images/g/t/4/5/b/y/image.related.wideLandscape.620x349.gt4bzb.png/1480932755863.jpg)
Italy's banks face another hit, but it needn't be fatal
For once, the pollsters were right - and it's bad news for financial markets.
For once, the pollsters were right - and it's bad news for financial markets.
President-elect Donald Trump warned U.S. companies that moving manufacturing to other countries would be a "very expensive mistake" as they will face heavy new taxes.
Airbnb said it has agreed to drop a lawsuit against New York City challenging a law imposing penalties on people who post short-term apartment rentals in the company's biggest US market.
Senior bankers are racing this weekend to piece together a highly complex, three-part rescue of the Italian Banca Monte dei Paschi de Siena, despite widespread expectations that a "No" vote in Sunday's constitutional referendum could scupper the deal.
Wall Street is in and Silicon Valley is out, as President-elect Donald Trump builds up his network of advisers and confidants.
At least for a moment, US president-elect Donald Trump appeared to achieve this week what President Barack Obama struggled to do for most of the past eight years: convince Americans that he can fix the economy.
Hackers broke into accounts at the Russian central bank earlier this year by faking a client's credentials and attempted to steal $US45 million, the bank said in a report released on Friday.
US president-elect Donald Trump announced the formation of a council to advise him on job creation, a group comprised of the leaders of major US corporations including GE, GM, Boeing, Disney and IBM.
When you get a bunch of pharma execs together to talk drug pricing, they're supposed to trade banal and mutually beneficial platitudes about unfair press coverage and the need to pay for innovation.
For users of Meitu's signature app, a beautiful touch-up at the press of a button is free.
If President-elect Donald Trump needs a lesson on the difficulty of reviving US manufacturing, he need look only as far as his daughter's closet.
Want to be the best in your field? Try these 25 books by self-made billionaires.
Howard Schultz will step down as chief executive in April, handing over to his personally selected successor the management of the company he built into the world's largest coffee business.
Steven Mnuchin will need all his Goldman Sachs wiles to win over Washington skeptics as Donald Trump's pick for the Treasury.
"You shouldn't have to be concerned about your safety while shopping for clothes or trying on a pair of jeans," the jeans company's boss says in an open letter posted on social media.
China's central government has ordered tighter controls on offshore investments made by state-owned enterprises amid concerns over accelerating capital outflows.
Call it sugar lite: Global food giant Nestlé says it has developed a type of sugar with markedly more sweetness, allowing the company to reduce the amount of sugar in its chocolates and lollies.
Chinese companies have been on a record acquisition spree, buying into everything from blood plasma to airline food. Here are 10 of the more surprising things Chinese money is buying.
If Mnuchin becomes Treasury secretary, he'll be the third Goldman Sachs alum in three decades to get the job as the President-elect surrounds himself with bankers and billionaires.
European Union officials lined up on Monday to underscore the warning of the Dutch finance minister that Brexit will prove a 'tough ride' for the British.
The Kellogg Company is pulling its ads from the website Breitbart News.
Lapo Elkann, grandson of late Fiat patriarch Gianni Agnelli, is facing charges in New York for falsely reporting he had been kidnapped, law enforcement sources said on Tuesday.
Note to a new president on resolving a major issue.
At 26, John Collison, the co-founder of online payments service Stripe, has become the world's youngest self-made billionaire, according to Forbes.
For a man who practically invented the selfie, Kevin Systrom is remarkably unflash. Unfiltered, even.
Some ATMs now need to be filled every three hours, since the machines can hold only so much cash.
Greece's battered banks are being asked to swap about €33 billion ($47 billion) in floating-rate bonds for 30-year, fixed-rate securities.
America's rate of growth has been slowing for decades, starting long before the onset of the global financial crisis.
An American iPhone looks like just one more empty campaign promise. Here's why.
Since the raids were conducted, there has been numerous theories around why Crown in particular was targeted.
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