CHARLOTTE, N.C./LONDON (Reuters) - Ratings agency Moody's downgraded 15 of the world's biggest banks on Thursday, lowering credit ratings by one to three notches to reflect the risk of losses they face from volatile capital markets activities, but banks criticized the move as backward looking..
BEIJING (Reuters) - Forty five years before ambitious Chinese politician Bo Xilai fell from power accused of flirting with Cultural Revolution extremism, he stood as a teenager in front of a baying crowd that accused him of defying Mao Zedong's campaign..
PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up 0.45 percent, Dow Jones futures up 0.25 percent and Nasdaq 100 futures up 0.4 percent at 0916 GMT..
MIAMI (Reuters) - LeBron James led an outstanding team effort as the Miami Heat demolished the Oklahoma City Thunder 121-106 to claim the NBA title on Thursday, the new champions reeling off four straight wins to take the series 4-1..
(Reuters) - Yahoo Inc and Facebook Inc believe settlement talks in a high profile patent lawsuit would be helped if a U.S. judge pushed back certain deadlines in the case, according to a court filing on Tuesday..
(Reuters) - U.S. authorities said they expect this week to seize a 70-million-year-old dinosaur skeleton that was discovered in Mongolia more 65 years ago and now is stored in New York and at the center of an international legal dispute..