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Sears Holdings Corp won court approval on Tuesday for $350 million in critical bankruptcy financing that will keep the 125-year-old retailer operating through the holidays while it attempts to reorganize.

Industry piles pressure on PM with demand for ‘frictionless’ trade with Europe

Sears Holdings Corp won court approval on Tuesday for a new deal clinching $350 million in critical bankruptcy financing that will keep the 125-year-old retailer operating through the holidays while it attempts to reorganize.

Cryptocurrencies are here to stay despite a prolonged slump this year, and will gain wider acceptance after the recent entry of more institutional investors in the space, Mohamed El-Erian, chief economic adviser at Allianz, said on Tuesday.

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U.S. President Donald Trump on Tuesday sanctioned the wife of Nicaraguan President Daniel Ortega and one of his aides under a new executive order allowing Washington to target Nicaraguan officials for a crackdown on anti-government protests.

Torrential rain triggered flash flooding that turned streets into rivers in Sydney, Australia's biggest city, on Wednesday, causing major disruptions to the morning commute.

Deutsche Bank AG is planning a high-level shake up that could result in the departure of top executives central to its relationships with key regulators in the United States and Europe, the Wall Street Journal reported on Tuesday.

Legislation on way to control structures dubbed money-laundering vehicle of choice

Australian shares are expected to open slightly up on Wednesday, on hopes of trade war tensions easing, after White House economic adviser Larry Kudlow said the United States was open to a trade deal with China ahead of a meeting between President Donald Trump and President Xi Jinping. ...

* Financial system risks have eased over past 6 months - governor