Aug. 6 (Bloomberg) -- Deutsche Telekom AG, Europe's biggest telephone company, reported a 32 percent increase in second- quarter profit, less than analysts had anticipated.

TOKYO (MarketWatch) -- The euro and the British pound both edged down against the dollar in Asian trading Thursday, ahead of Bank of England and European Central Bank policy announcements.

The Obama administration is considering an overhaul of Fannie Mae and Freddie Mac that would strip the mortgage finance giants of hundreds of billions of dollars in troubled loans and create a new structure to ...

The tech bellwether's 4Q profits fell sharply, yet CEO Chambers said Cisco may have reached a "tipping point" in demand.

Of all the businesses that the News Corporation, the media conglomerate controlled by Rupert Murdoch, owns, just one is performing well: cable networks, in particular Fox News.

By Bloomberg News Aug. 6 (Bloomberg) -- China's stocks declined for a second day, led by financial companies and commodities producers, on speculation the central bank will rein in lending to avert bubbles in equities and property.

Because half of the low-priced computers sold in China's rural areas carried Lenovo's label, the world's fourth-largest computer maker managed to trim its losses in the quarter ending in June.

Aug. 6 (Bloomberg) -- Hyatt Hotels Corp., the lodging company controlled by Chicago's Pritzker family, plans to raise up to $1.15 billion in an initial share sale to shore up its finances and fund acquisitions at a time of scarce credit ...

Fox effectively has enlisted in Universal's campaign against Redbox and other discount-rental chains by ordering wholesalers to stop supplying discs to Redbox kiosks during the first 30 days after Fox film and television titles hit the ...

Lloyd C. Blankfein has a story about the cataclysm that nearly brought down all of Wall Street. It goes something like this: One by one, lesser banks were swept away by the financial storm of 2008.

SEOUL, Aug 6 (Reuters) - Ssangyong Motor Co (003620.KS) has agreed with union workers on a broad framework for mass layoffs to help the troubled carmaker revive its fortunes, local media reported on Thursday.

TOKYO, Aug 6 (Reuters) - Shares in Japanese camera and precision equipment maker Nikon Corp (7731.T) tumbled the most in nine months on Thursday after it announced a surprise outlook cut, erasing two weeks of gains.

The Commodity Futures Trading Commission appears set on imposing hard limits on speculators in energy markets, though the agency's leadership dropped few hints about what form the caps would take during a third and final day of hearings ...

Videogame maker Activision Blizzard Inc. (ATVI) reported soaring second-quarter profit on Wednesday, as big titles like "Prototype" and "World of Warcraft" helped the company gain market share and beat its own downbeat forecast.

The Treasury Department, responding to growing demand from China and other investors, will boost the sale of inflation-protected bonds that hold their value as consumer prices rise.

By Mikael Ricknäs Stockholm - The economic downturn continues to weigh on online ad spending. The worldwide market dropped by 5 percent during the second quarter compared to the same time period last year, according to market research company IDC.

Procter & Gamble Co.'s fiscal fourth-quarter profit exceeded expectations, but the consumer-products giant continued to see sales declines across most of its businesses as consumers cut back purchases of its higher-priced items.

TRAVERSE CITY, Mich. -- President Barack Obama's top car industry adviser said Wednesday he expects General Motors Co. will return to profitability and hold an initial public offering before Chrysler Group LLC.