Business

Hong Kong conglomerate Swire Pacific Ltd (0019.HK) is in talks to buy Coca-Cola Co's (KO.N) bottling assets in China from Cofco Corp's China Foods Ltd (0506.HK) unit, Bloomberg reported. A potential deal could value the business at about $1...

Russia's communications regulator ordered public access to LinkedIn's website to be blocked on Thursday to comply with a court ruling that found the social networking firm guilty of violating data storage laws. LinkedIn (LNKD.N), headquartered in the United States, is...

Foreign banks in Malaysia on Thursday were trying to work out how to comply with the central bank's clamp-down on offshore ringgit trading, a move the broader market views as a form of capital controls. Form letters, sent this week...

Oil prices steadied on Thursday as expectations of an OPEC deal to limit production were balanced by growing evidence of heavy oversupply and rising stocks, particularly in the United States. U.S. crude inventories rose by 5.3 million barrels in the...

Microsoft has offered concessions to EU antitrust regulators over its $26 billion bid for social network LinkedIn, the European Commission said on Wednesday, as the U.S. software company seeks to allay concerns over its largest ever deal. The move came...

Exxon Mobil Corp (XOM.N) is negotiating with Chad about a record $74 billion fine the U.S. oil company was told to pay by a court in the central African nation over unpaid royalties, Bloomberg reported on Tuesday. Exxon has appealed...

General Electric Co (GE.N) has signed up U.S. energy utility Exelon Corp (EXC.N) to use its full software set to analyze and manage power plants in 48 states, the largest GE deployment in the power sector so far, the...

The S&P 500 and the Nasdaq rose on Tuesday as tech stocks were back in demand after a post-election drubbing, while the Dow took a breather following a six-day rally. The S&P technology sector, which had fallen about 3 percent...

BEVERLY HILLS, November 15, (THEWILL) - Google and Facebook moved Tuesday to cut off advertising revenue to bogus news sites, acting after criticism of the role fake news played in the US presidential election. “We’ve been working on an update...

BEVERLY HILLS, November 14,(THEWILL) -  Greece has finally emerged from recession for the first time since 2014, managing two straight quarters of GDP growth. According to figures released on Monday by statistics bureau Elstat, Greece’s gross domestic product (GDP) increased...