Business

Volkswagen's (VOWG_p.DE) premium division Audi will buy back 25,000 diesel engined cars in the United States to compensate owners whose cars do not meet exhaust emission standards, German weekly Der Spiegel said on Friday. Audi representatives are in talks with...

Wall Street fell sharply Friday morning as GE's comments on the economy and its disappointing forecast weighed on industrials stocks, but a rally in Microsoft and McDonald's helped limit losses. GE's (GE.N) shares were off 2.3 percent, weighing the most...

British American Tobacco (BATS.L) has offered to buy out U.S. cigarette maker Reynolds American Inc (RAI.N) in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. The...

McDonald's Corp's (MCD.N) turnaround gained momentum in the latest quarter as sales growth at established restaurants beat analysts' estimates, sending the company's shares up almost 4 percent in premarket trading on Friday. Same-restaurant sales in its U.S. restaurants rose a...

Stock markets inched higher but the Mexican peso was mixed after the third and final U.S. presidential debate, which was judged to have given no clear boost to Donald Trump's hopes of winning the White House. The peso is seen...

The number of Americans filing for unemployment benefits rose more than expected last week, but remained below a level that is associated with a strong labor market. Initial claims for state unemployment benefits increased 13,000 to a seasonally adjusted 260,000...

Nissan Motor Co Ltd (7201.T) said on Thursday it had completed a deal to take a controlling stake in Mitsubishi Motors Corp, and would be retaining the embattled automaker's chief executive to ensure its recovery from a mileage cheating...

JPMorgan Chase & Co is in talks to sell out of a Chinese securities joint venture with First Capital Securities Co Ltd in what would be the first departure by a top-tier global investment bank from China's securities segment. Wall...

Halliburton Co, the world's No.2 oilfield services provider, said oil prices would have to stabilize at above $50 per barrel for producers to meaningfully increase oilfield activity. The company posted a surprise quarterly profit on Wednesday by "relentlessly managing costs"...

Facebook Inc said users in the United States would be able to order food through the Facebook pages of restaurants starting on Wednesday as part of its efforts to connect users and businesses. Users will also be able to get...