Business

OPEC will debate an oil output cut of 4.0-4.5 percent for all of its members except Libya and Nigeria next week but the deal's success hinges on an agreement from Iraq and Iran, which are far from certain to...

PepsiCo Inc (PEP.N) said on Tuesday it would buy health beverage maker KeVita Inc, in an effort to diversify its soft drinks business and tap health conscious consumers. California-based KeVita offers more than two dozen flavors of probiotic drinks, and...

An Asia-Pacific trade deal stands almost no chance of working now that U.S. President-elect Donald Trump has pulled the plug on it, proponents of the pact said on Tuesday, opening the way for China to assume the leadership mantle...

U.S. insurer AIG (AIG.N) may move its European headquarters from London to another European Union country because of Britain's vote to leave the EU, the head of the AIG's European and UK operations said at an industry conference on...

Britain is considering a whole range of options before it launches divorce talks with the European Union, a spokeswoman for Theresa May said on Monday when asked whether the prime minister was considering a transitional deal. Earlier, May said she...

Alibaba Cloud plans to open four new data facilities outside China, the cloud unit of Alibaba Holdings Ltd said on Monday, as it seeks to grab global market share from leading players Amazon.com Inc and Microsoft. The data facilities in...

Symantec Corp (SYMC.O) said it would acquire U.S. identity theft protection services company LifeLock Inc (LOCK.N) for $2.3 billion, in a deal that it hopes will prop up sales at its Norton cybersecurity unit. Symantec's security software often comes bundled...

Wal-Mart Stores Inc will start offering online deals reserved for Cyber Monday two days in advance this year, joining a growing list of U.S. retailers who offer web promotions over the Thanksgiving weekend. Wal-Mart's special web promotions will be available...

Facebook Inc, facing withering criticism for failing to stem a flood of phony news articles in the run-up to the U.S. presidential election, is taking a series of steps to weed out hoaxes and other types of false information,...

Battered bonds and emerging market currencies enjoyed some respite on Thursday as the dollar took a breather from a post-U.S. election charge that has taken it to a 13-1/2 year high. Europe's main stock markets <0#.INDEXE> saw a subdued start...