Business

Big Wall Street banks have spent billions of dollars and untold man-hours in recent years transforming their trading desks from hedge-fund like operations trading on their own account into market-making businesses offering a price based on what customers want...

Facebook Inc (FB.O) is in early talks with several news publishers about how its social media site can better support subscription business models, the company's head of news partnerships, Campbell Brown, said in a statement on Wednesday. The statement comes...

BEVERLY HILLS, July 19, (THEWILL) - Pan-African financial institution, United Bank for Africa (UBA) Plc Wednesday announced an immediate upward review of the monthly international spend limit on its debit and prepaid Naira cards from $100 to $2,000. The upward review,...

The text message came as Flavia Cabral walked to a McDonald's restaurant in Manhattan for her 6 p.m. shift on a May evening. It was from her manager. Business was slow and she was not needed. Cabral said she was...

Anglo-Dutch conglomerate Unilever (ULVR.L)(UNc.AS) is vying with U.S. canned meat producer Hormel Foods Corp (HRL.N) to buy the foods division of British consumer goods maker Reckitt Benckiser, the Sunday Times newspaper reported, citing sources. Unilever and Hormel are front-runners in...

Turkish President Recep Tayyip Erdogan has given emotional speeches to tens of thousands of people a year after a coup attempt was faced down in the streets. Mr Erdogan said: "People that night did not have guns, they had a...

BEVERLY HILLS, July 12, (THEWILL)  - A French Court has ruled that Google is not liable for 1.115 billion euros ($1.272 billion) in unpaid taxes claimed by the French state saying the internet giant’s Irish subsidiary is not taxable in...

PepsiCo Inc's (PEP.N) quarterly profit beat estimates as higher pricing of sodas and snack foods in North America paid off and as the company sold its minority stake in British bottler Britvic Plc (BVIC.L). PepsiCo said on Tuesday that sales...

Toshiba Corp (6502.T) is in talks with Western Digital Corp (WDC.O) and Taiwan's Foxconn, as well as with an already preferred bidder, as it seeks to revive a stalled $18 billion sale of its chip business, banking sources said...

U.S. stocks opened little changed on Tuesday as gains in energy stocks offset losses in technology. The Dow Jones industrial average .DJI was up 5.93 points, or 0.03 percent, at 21,414.45, the S&P 500 .SPX was down 1.11 points, or...