(Reuters) - Shares in Samsung Electronics, South Korea's most valuable firm, fell 3 percent in early trade on Monday, extending falls into a second day as investors took profits following a one-month surge.
TOKYO (Reuters) - Asian shares inched lower on Monday, taking a break after investor risk appetite had risen on hopes that Europe's policymakers will take decisive steps to tackle the euro zone's debt crisis in coming weeks.
BEIJING (Reuters) - China's domestic migrant labor force could power consumer spending growth in the world's second biggest economy if workers had better access to basic welfare services in the cities where they live and work, a new government report says.
(Reuters) - Insurer Aetna Inc has signed a deal to buy rival Coventry Health Care Inc for $5.7 billion in cash and stock, the Wall Street Journal reported, citing people familiar with the matter.
NEW YORK (Reuters) - Struggling retailer Best Buy Co Inc said its founder Richard Schulze has turned down an offer from the board to conduct due diligence in connection with his proposal to take the company private at a valuation of more than $8 billion.
LONDON (Reuters) - As European banks retrench to recover from the global financial meltdown, they are finding ready buyers in Asia for everything from loans to entire insurance and broking operations.
NEW YORK (Reuters) - Facebook's disastrous May IPO took on a new dimension on Tuesday, as Swiss bank UBS said it lost more than $350 million on botched order execution and would take legal action against Nasdaq for the exchange's alleged failures.
NEW YORK/WASHINGTON (Reuters) - Home prices rose for the fourth month in a row in May, suggesting the recovery in the housing market continued to gain traction, even as the broader economy wobbles.
DETROIT (Reuters) - The pace of auto sales is expected to hold steady in July, when sweeter financing deals prompted American consumers to replace aging cars and trucks despite languishing consumer confidence and high unemployment.
SAN FRANCISCO (Reuters) - Google Inc is postponing the launch of the Nexus Q, the Internet giant's first self-designed and marketed consumer electronics device, in a smudge on its budding hardware credentials.
SAN JOSE, California (Reuters) - Samsung Electronics Co Ltd told jurors that its products are not copycats of Apple Inc's iPhone but rather an example of legitimate American-style competition from the South Korean company.
NEW YORK (Reuters) - The rebound in U.S. office building sales hit a speed bump in the second quarter as weak demand for office space made it more difficult for prospective buyers to predict the income from their investments.