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For years, buyout firms used controversial loans backed by their equity stakes to juice up returns in their funds. After attracting criticism from some of the same investors the practice was supposed to benefit, they are hitting the brakes.

The European Union Aviation Safety Agency warned airlines to steer clear of several cities in Russia following the fatal crash of an Azerbaijan Airlines passenger jet that was likely shot down by Russian forces.

President-elect Donald Trump has justified his threat of 25% tariffs on Canada by pointing to the US trade deficit. Top Canadian economists have a response to that: it's all because your country wants cheap oil.

Emerging-market stocks index entered correction territory Thursday, the result of a months-long rout brought on by uncertainty over US policies and China's growth prospects.

Rwandan President Paul Kagame said his nation has nothing to do with M23 rebels operating in mineral-rich territories in eastern Democratic Republic of Congo, denying allegations in a United Nations report.

Abrdn Investments' Kieran Curtis was one of the first foreign investors to spot an opportunity in a little-known type of Turkish floating-rate bonds when the country's interest rates were surging to all-time highs.

Defaulted builder Sunac China Holdings Ltd. has received a liquidation petition in Hong Kong, according to the city's judiciary website.

A pair of gas-fired power plants were paid millions of pounds on Wednesday to plug a shortfall when wind supply dropped at the same time as sub-zero temperatures increased demand.

Chinese developer Country Garden Holdings Co. proposed new terms with key banks, as the defaulted property firm inches toward an offshore debt restructuring.

After a strong start to the new year that saw Bitcoin retake the $100,000 level, the original digital asset is struggling to maintain momentum.