Bank of America Corp (BAC.N), the No. 2 U.S. bank by assets, reported its biggest quarterly profit in nearly four years on Wednesday as mortgage banking revenue soared and expenses fell to their lowest since the financial crisis.
A computer router error that grounded hundreds of United Airlines (UAL.N) flights on Wednesday is just a preview of what can go wrong for carriers with increasingly automated operations, experts say.
China's securities regulator instructed brokerages on Sunday to review trades and enforce rules that require the use of real names and national identification numbers, the latest move by the government aimed at stabilizing stock prices following a devastating market rout the past month.
A South Korean court on Tuesday denied an injunction request by a U.S. hedge fund trying to block builder Samsung C&T Corp (000830.KS) from selling treasury shares to ally KCC Corp (002380.KS), clearing another hurdle for a proposed $8 billion merger of Samsung Group [SAGR.UL] firms.
