Business

British Airways was operating most of its flights from London's two largest airports on Monday after a computer system failure stranded thousands of passengers over a holiday weekend and turned into a public relations disaster. The airline planned to run...

Altice USA, the cable operator created from Netherlands-based Altice NV's (ATCA.AS) acquisitions of Cablevision Systems Corp and Suddenlink Communications, considers cable growth a priority as it explores ways to enter the wireless business, company officials said. In April, Altice USA...

Apple has settled a patent dispute with Finnish telecom equipment maker Nokia and agreed to buy more of its network products and services, sending Nokia shares up 7 percent. The deal means Nokia will get bigger royalties from Apple for...

Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday. Hexadite, headquartered in Boston with its research and development center in Israel, provides technology to automate responses to cyber attacks...

Uber Technologies Inc said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars. Uber generally takes a commission from its drivers...

BEVERLY HILLS, May 23, (THEWILL) - The National Bureau of Statistics, NBS, on Tuesday released the Gross Domestic Product, GDP, growth rate report for the first quarter of 2017 with the economy contracting by 0.52 per cent within the...

International Rating Agency, Standard and Poor’s (S&P) assigned its ‘B’ long term and ‘B’ short term global scale counterparty credit ratings to the United Bank for Africa Plc (UBA). These ratings on the pan African financial institution, United Bank...

Some six months after his visit to Donald Trump's Manhattan mansion cheered investors, Masayoshi Son, Japan's richest man, is set to follow his friend to Saudi Arabia as the new U.S. president makes his first overseas trip since taking...

Suitors including private equity firms KKR & Co LP, Bain Capital and U.S. chip maker Broadcom Ltd are lining up for Toshiba Corp's semiconductor business, sources familiar with matter said ahead of a deadline for second-round offers on Friday. Broadcom,...

Major U.S. multinationals are pushing the Trump administration to deepen the tax break it has already tentatively proposed on $2.6 trillion in corporate profits being held offshore, a key piece in Washington's intricate tax reform puzzle. As President Donald Trump...