WASHINGTON (Reuters) - Contracts to buy previously owned U.S. homes fell in November for the third time in four months, a signal that growth in the U.S. housing market could be cooling.
BOSTON (Reuters) - Fidelity Investments, one of the largest investors in pre-IPO companies, boosted the value of Twilio Inc by 31 percent in November, as speculation builds that the provider of mobile messaging platforms may go public in 2016.
NEW YORK/SAN JUAN (Reuters) - Puerto Rico faces a Jan. 1 deadline for roughly $1 billion in debt payments and has already signaled some of that amount could lapse into default, opening the door to potential litigation with creditors.
(Reuters) - U.S. stock index futures were marginally lower on Wednesday as crude oil gave up Tuesday's gains after forecasts suggested winter in Europe and the United States would be short-lived.
MILAN (Reuters) - U.S. tech giant Apple will pay Italy's tax office 318 million euros ($348 million) to settle a dispute and sign an accord next year on how to manage its tax liabilities from 2015, a source with direct knowledge of the matter said on Wednesday.
BERLIN (Reuters) - Global economic growth will be "disappointing" next year, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.
(Reuters) - KaloBios Pharmaceuticals Inc , which fired its controversial chief executive, Martin Shkreli, earlier this month, filed for Chapter 11 bankruptcy on Tuesday in the U.S. bankruptcy court for the District of Delaware.
ZURICH (Reuters) - Swiss private bank Julius Baer said it has set aside nearly $200 million in additional provisions to settle a U.S. criminal investigation that it helped wealthy American clients dodge taxes.
TOKYO (Reuters) - Asian shares unwound early gains on Wednesday, as investors turned cautious following renewed selling in recently battered crude oil futures.
SHANGHAI (Reuters) - China's central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices told Reuters on Wednesday.