Business

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...

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...