Business

Siemens (SIEGn.DE) agreed to buy U.S.-based Mentor Graphics (MENT.O) in a $4.5 billion cash deal that will further enhance the German engineering group's industrial software capabilities. Siemens said on Monday it would pay $37.25 per share for Mentor Graphics, which...

Samsung Electronics announced an $8 billion deal on Monday to buy Harman International Industries, marking a major push into the auto electronics market and the biggest overseas acquisition ever by a South Korean firm. The electronics giant previously shunned big...

The U.S. dollar hit an 11-month peak on Monday as the risk of faster domestic inflation and wider budget deficits if Donald Trump goes on a U.S. spending binge sent Treasury and other benchmark global bond yields ever higher. It...

Donald Trump's stunning victory for the White House may mark the long-awaited end to the more than 30-year-old bull run in bonds, as bets on faster U.S. growth and inflation lead investors to favor stocks over bonds. A two-day thumping...

Facebook Inc said on Friday it would no longer allow certain advertisers to exclude racial or ethnic groups when placing ads on its service, following criticism that the practice was discriminatory. The move comes amid growing scrutiny of how the...

Alibaba Group Holding Ltd (BABA.N) Singles' Day festival posted a record 120.7 billion yuan ($17.73 billion) worth of sales on Friday, though the gala shopping day saw growth slow as Chinese shoppers searched for deeper discounts and lower pricetags. Amid...

Rubik's Cube, a multicoloured three-dimensional puzzle, lost a trademark battle on Thursday after Europe's top court said its shape was not sufficient to grant it protection against copycats. The toy, invented in 1974 by Hungarian Erno Rubik, is popular among...

The dollar fell and the Mexican peso plunged to a record low on Wednesday as stunned investors digested the news that billionaire businessman Donald Trump had won the U.S. presidential election. Republican candidate Trump sent shockwaves around global financial markets...

OPEC's job of trying to prop up oil prices has just got much harder. With Donald Trump winning the U.S. presidential election, the 14-country oil-producing cartel may have to battle a sourer outlook for the global economy and weaker demand...

U.S. stock index futures were sharply lower early on Wednesday but well off overnight lows, as a market that had been anticipating an election victory by Democrat Hillary Clinton scrambled to adjust to an upset win by Republican Donald...