Business

OPEC has agreed its first limit on oil output since 2008, sources in the producer group told Reuters, with Saudi Arabia accepting "a big hit" on its production and agreeing to arch-rival Iran freezing output at pre-sanctions levels. Brent crude...

Video streaming pioneer Netflix Inc said its subscribers would now be able to download popular shows such as "Orange is The New Black" and "Narcos" on their mobile devices at no extra cost. "While many members enjoy watching Netflix at...

President-elect Donald Trump's pick to lead the U.S. Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities as they seek a sustained pace of 3 percent to 4 percent economic...

OPEC was trying on Monday to rescue a deal to limit oil output as tensions grew among the producer group and non-OPEC member Russia, with top exporter Saudi Arabia saying markets would rebalance even without an agreement. OPEC experts started...

Samsung Electronics Co Ltd (005930.KS) said it will disclose plans to boost shareholder value on Tuesday - a move that comes amid pressure from U.S. fund Elliott Management to split the company in two and provide more in payouts. The...

Alphabet Inc's (GOOGL.O) Google is expected to reach a tax settlement with the Indonesian government in the next few weeks, people familiar with the matter told Reuters. Under the proposed settlement, Google will pay back taxes and fines, and the...

Microsoft (MSFT.O) is set to gain EU approval for its $26 billion buy of professional social network LinkedIn (LNKD.N) with tweaks to concessions aimed at addressing competition concerns, three people close to the matter said on Wednesday. Microsoft last week...

The dollar surged to a near 14-year high before pulling back on Thursday, clocking up records against a range of other top world currencies and skittling emerging markets. Stronger data from the world's biggest economy had underpinned the greenback's gains,...

Wall Street's three main indexes hit records again on Tuesday, with the Dow topping 19,000 points for the first time ever, as the Donald Trump-fueled rally continued, with investors buying into a market primed to benefit from his pro-growth...

JPMorgan (JPM.N) would be reluctant to move many jobs to Paris following Britain's exit from the European Union because of France's protectionist labor laws, the U.S.-based investment bank's France head told Reuters on Tuesday. Paris could be an attractive option...