Business Blog

* Wall St declines top 1.5 percent* Fed minutes show worry over global economy, strong dollar* Treasuries yields touch recent record lows* Brent oil under $91 a barrel(Adds steepening Wall Street decline, latest prices)By Michael ConnorNEW YORK, Oct 9 (Reuters) - Wall Street slumped on Thursday as anxieties about global economic growth smothered a short-lived, Federal Reserve-sparked rally in equi

* Wall St shrugs off encouraging jobless report* Fed minutes show worry over global economy, strong dollar* Treasuries yields at recent record lows* Brent oil under $91 a barrel(Adds New York open, comments, changes dateline; previous LONDON)By Michael ConnorNEW YORK, Oct 9 (Reuters) - Concerns about lackluster growth in world economies sent Wall Street and other world stock markets lower on Thurs

Malaysia's CIMB Group Holdings Bhd CIMB.KL and two smaller domestic lenders have agreed to create the country's biggest banking group, in a deal that financial sources say will value the merged entity at around $22 billion.

* European bourses sag after Fed rally, bond yields tumble* Fed minutes show concerns about global economy, strong dollar* Dollar index slumps as U.S. rate hike expectations scaled back* Wall Street expected to dip as Q3 earnings get into gearBy Marc JonesLONDON, Oct 9 (Reuters) - A rally in world stocks sparked by Federal Reserve assurances it will not rush U.S. rate hikes ran out of steam on Thu

Bahrain-based Investcorp said on Thursday that its executive chairman and chief executive Nemir Kirdar would retire next June after more than 30 years leading the alternative investment firm he helped to set up.

Bahrain-based Investcorp said on Thursday that its executive chairman and chief executive Nemir Kirdar would retire next June after more than 30 years leading the alternative investment firm he helped to set up.