Facebook Inc's (FB.O) revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings and sales.
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Greek PM Tsipras freezes privatisations, markets tumble
Leftist Greek Prime Minister Alexis Tsipras threw down an open challenge to international creditors on Wednesday by halting privatisation plans agreed under the country's bailout deal, prompting a third day of heavy losses on financial markets.
GM says it has no plans to extend ignition switch claims deadline
General Motors Co (GM.N) on Wednesday said it does not plan to extend a Jan. 31 deadline to file claims in its faulty ignition switch compensation program, rejecting pleas from two U.S. senators to extend the cutoff.
Sotheby's to raise charges for art buyers
Buying art at Sotheby's (BID.N) will soon become more expensive as the top international auction house announced it is increasing its buyer's premium, the rates it charges a successful bidder.
Salix Pharma to restate past seven quarters' results
Salix Pharmaceuticals Ltd said it would restate financial statements for all of 2013 and the first three quarters of 2014, adding to the drugmaker's list of woes.
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U.S. export regulators are seeking more information from at least three would-be exporters of domestic condensate, including Marathon Oil, while half a dozen other firms have recently been cleared to sell the abundant ultra-light oil abroad, people familiar with the process told Reuters.
Royal Dutch Shell (RDSa.L) has signed a deal with Iraq worth $11 billion (7 billion pounds) to build a petrochemicals plant in the southern oil hub of Basra, Industry Minister Nasser al-Esawi said on Wednesday.
Brazil's President Dilma Rousseff urged her cabinet on Tuesday to embrace fiscal belt-tightening and other measures aimed at restoring business confidence and growth in her second term.
For Boris Lisitsyn, Russia's financial crisis means less meat, cheese and sausage - hardships the 86-year-old says won't kill him anytime soon.
The U.S. Federal Communications Commission on Tuesday warned hotels and other entities against blocking personal Wi-Fi access, or hot spots, saying it was illegal and could incur heavy fines.
The Federal Reserve is expected to signal it remains on track to begin raising interest rates later this year, as the central bank shows confidence that low inflation and rising risks from abroad have yet to derail the U.S. economic recovery.
AT&T Inc (T.N) on Tuesday posted a quarterly net loss that was slightly slimmer than Wall Street expected, as its mobile device deals attracted more customers, but its users switched to other networks at a higher rate.
As Washington has tightened its belt in recent years, the budget cuts have sliced most deeply in states where President Obama is unpopular, according to an analysis of federal spending by Reuters.
Medical device maker Abiomed Inc (ABMD.O) raised its full-year revenue forecast and said the U.S. Food and Drug Administration had approved its heart pump, sending its stock nearly 32 percent in extended trading.
