Fiat's shares fell after the Italian carmaker reported rising debt and forecast a gloomy outlook in Europe. Lex's Richard Stovin-Bradford and Nikki Tait analyse Fiat's numbers
It started as an innocuous insurance product but grew into one of the world's biggest ever consumer mis-selling scandals. Daniel Garrahan reports on how mis-sold payment protection insurance has tarnished the UK banking industry's reputation.
When commentators talk about developing countries, a burgeoning middle class is often cited as a crucial driving force. The FT's Kanupriya Kapoor talks to three very different people about their lives, work and aspirations to understand what being middle class means in India
A city synonymous with insomnia is quiet as it braces for the arrival of Hurricane Sandy on Monday.
Follow The Daily Ticker on Facebook Facebook ( FB ) dispelled fears Tuesday that its mobile advertising business was failing. The social network reported that its third-quarter revenue from mobile ads jumped 14% last quarter to $150 million
Honduras plans to form three 'charter cities' that will operate outside the nation's constitution as 'special economic zones' in a bid to promote foreign investment in a country with the world's highest murder rate and where over half the population lives below the poverty line. The Honduran government signed an agreement this week with U.S. development firm MKG Group, which will begin laying down the initial infrastructure for the first city within six months
In what is surely the most liberal of conventions, the Democrats managed to unify their party.
Leon Cooperman, the billionaire founder of Omega Advisors, and Jack Bogle, the retired CEO and founder of Vanguard, are having it out over what the 2012 presidential election's impacts will be on the stock market. Cooperman, a hedge fund magnate who founded the $6.5 billion Omega, predicted Thursday on CNBC that a Mitt Romney victory in November would have a marked positive impact on the S&P 500, but that if President Barack Obama is re-elected, the S&P 500 would be negatively impacted, Business Insider reports .
Africans going to outer space? That’s the dream of Sudan ese President Omar al-Bashir. who has called for the formation of an African space agency.
U.S. employers laid off 32,239 workers last month, the fewest number of job cuts since December 2010, according to a new report by outplacement firm Challenger, Gray & Christmas. Job cuts have now declined for three consecutive months, but it may be too soon to declare a trend in the labor market, says John Challenger, CEO of Challenger, Gray & Christmas