Standard & Poor's

Japanese mobile carrier Softbank soared in Tokyo on Tuesday as investors piled back into a stock that had been pounded since news of its $20 billion takeover of Sprint Nextel emerged last week.

Mexican President-elect Enrique Pena Nieto said on Monday that he wanted to help Spain overcome its economic crisis and encouraged Spanish business to invest in his country.

Efforts to end a rash of gold mine strikes that have strangled South African production ran into deadlock on Monday with no further talks planned, leaving tens of thousands of workers facing the threat of dismissal.

India's inflation accelerated to a 10-month high, hitting 7.81 percent in September, data Monday showed, diminishing chances of an interest rate cut to jumpstart a sharply weaker economy.

The head of Japan's Softbank admitted the firm was taking a risk after it confirmed Monday it would pay $20 billion to take over US-based Sprint Nextel in Japan Inc's biggest overseas acquisition.

Japanese mobile carrier Softbank on Monday announced a monster deal to take control of US-based Sprint Nextel for about $20 billion in the biggest-ever overseas acquisition by a Japanese firm.

Japanese mobile carrier Softbank has agreed to buy a 70 percent stake in US competitor Sprint Nextel for $19 billion in a deal expected to be announced Monday, news reports said.

Japanese mobile carrier Softbank could announce as early as Monday a $20 billion deal for a 70 percent stake in US competitor Sprint Nextel, The Wall Street Journal reported.

The world's top platinum producer Anglo American announced $126 million in lost revenue due to a month-long illegal strike, as ratings agency S&P downgraded South Africa over the mining unrest.

The world's top platinum producer Anglo American announced $126 million in lost revenue due to a month-long illegal strike, as ratings agency S&P downgraded South Africa over the mining unrest.

The world's top platinum producer Anglo American on Friday announced $126 million in lost revenue due to a month-long illegal strike, as ratings agency S&P downgraded South Africa over the mining unrest.

A Spanish request for help from the eurozone's new bailout fund could help calm the markets, Italian Prime Minister Mario Monti said Friday.

European stock markets retreated on Friday, while the euro rose against the dollar, as investors wound down a week once more overtaken by Spanish debt strains and weak outlooks for the global economy.

Moody's on Friday downgraded Japanese electronics titan Sony, citing the company's "weak profitability and cash flow".

European stock markets retreated on Friday, while the euro rose against the dollar, as investors wound down a week once more overtaken by Spanish debt strains and weak outlooks for the global economy.

Japanese mobile carrier Softbank is eyeing a multi-billion-dollar entry into the US telecoms market through the purchase of Sprint Nextel, possibly vaulting it among the top three mobile firms globally.

Sprint Nextel said Thursday it was in talks with Japan's Softbank on a potential takeover of the number three US wireless carrier, a deal which could shake up the US mobile sector.

London shares rebounded to end higher on Thursday, shrugging off Standard & Poor's slashing Spain's credit rating, and gaining added steam from a big drop in US jobs claims.

Europe's main stock markets rose on Thursday, shrugging off Standard & Poor's slashing Spain's credit rating, and gained added steam from a big drop in US jobs claims.

Europe's main stock markets mostly rose on Thursday but Madrid fell on more problems for Spain after Standard & Poor's slashed its credit rating for the indebted eurozone nation.