Business

Oil prices rose on Monday as a weaker dollar and the delay of new Libyan oil exports boosted benchmarks, amid expectations of tighter crude supply going into 2017. Brent crude futures traded at $55.47 per barrel at 0946 GMT, up...

Apple (AAPL.O) will launch a legal challenge this week to a record $14 billion EU tax demand, arguing that EU regulators ignored tax experts and corporate law and deliberately picked a method to maximize the penalty, senior executives said. Apple's...

In the summer of 2013, Yahoo Inc launched a project to better secure the passwords of its customers, abandoning the use of a discredited technology for encrypting data known as MD5. It was too late. In August of that year,...

Zhang Yuting lives and works in Shanghai, has only visited the United States once, and rarely needs to use foreign currency. But that hasn’t stopped the 29-year-old accountant from putting a slice of her bank savings into the greenback. She...

Alphabet’s Google is racing to hire more conservatives for its lobbying and policy arm, trying to get a foothold in President-elect Donald Trump’s Washington after enjoying a uniquely close relationship with the administration of President Barack Obama. In the weeks...

Talks between shipping group A.P. Moller-Maersk (MAERSKb.CO) and DONG Energy (DENERG.CO) to merge their oil and gas business have stalled after the two Danish firms could not agree on a price, industry and banking sources said on Wednesday. The breakdown...

The average sales price of an apartment in Manhattan is expected to top $2 million this year for the first time, but prices are seen leveling off in 2017 after nearly doubling over the past decade. Prices were pushed higher...

Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost...

American Express Co said on Monday it would increase parental leave and family benefits for U.S. employees from January, joining a list of big U.S. financial companies that have done so this year. AmEx's new family benefits include 20 weeks...

Struggling telecom equipment maker Ericsson (ERICb.ST) said on Thursday sweeping staff cuts in its Swedish home market were running ahead of schedule, resulting in higher restructuring costs this year. The company said in October it was cutting about a fifth...