RIYADH (Reuters) - A subsidiary of Saudi Arabia's Kingdom Holding Co last week agreed to refinance the debt it used to buy London's Savoy Hotel with a new 200 million-pound loan, it said on Saturday. Breezeroad is 50 percent owned by Kingdo... [Full Article]
NEW YORK (AP) - Weak earnings forecasts from Procter & Gamble and AT&T held the Dow Jones industrial average back on Wednesday. (Source: Associated Press)... [Full Article]
By David Henry NEW YORK (Reuters) - Citigroup Inc is considering cutting its cash on hand by about $35 billion, which should help the bank buy higher yielding assets or redeem expensive debt to boost earnings. Making the change will signal that the m... [Full Article]
Israel offered to suspend its offensive in the Gaza Strip on Friday during a brief visit by Egypt's premier there if militants refrain from firing rockets at Israel, an official said, but the Palestinians unleashed a fresh salvo. (Source: Associ... [Full Article]
BERKELEY, California (Reuters) - Federal Reserve Vice Chair Janet Yellen said on Tuesday that U.S. short-term interest rates may need to stay near zero until early 2016, a half year longer than Wall Street dealers expect, to forcefully lift employmen... [Full Article]
NBC is doing a benefit concert for victims of Hurricane Sandy featuring some artists native to the areas hardest hit. (Source: Associated Press)... [Full Article]
Google (GOOG) sent invitations to the media on Wednesday evening for an Android event scheduled for October 29th in New York City. It is widely speculated that the Mountain View-based company will announce a new Nexus smartphone and an updated versio... [Full Article]
A Hong Kong media magnate highly critical of China is selling one of his Taiwanese companies to a group headed by a local businessman whose family has substantial interests on the mainland. (Source: Associated Press)... [Full Article]
The Spanish construction group Ferrovial said Friday it will sell off a further 10-percent stake in British airport operator BAA which controls London's Heathrow airport. (Source: AFP)... [Full Article]
Iraq's embattled prime minister has fought off an attempt to push him out of office, aided by divisions among his opponents and Iranian intervention on his behalf. (Source: Associated Press)... [Full Article]