Business

Wal-Mart Stores Inc, vying to better challenge Amazon.com Inc , will pay about $3 billion for internet retailer Jet.com and its innovative pricing software in the largest-ever deal for an e-commerce startup. The deal disclosed on Monday follows a five-year...

The U.S. government said on Monday it plans to auction over 2,700 bitcoins that were forfeited during several cases, several of which stemmed from investigations of the online black market known as Silk Road. The U.S. Marshals Service said that...

Friday’s incredibly impressive U.S. jobs report sent the U.S. dollar and equities higher, with S&P 500 and Nasdaq ending the week at new record highs. The 255,000 jobs added in July and 292,000 in June, made the markets look...

Stock markets rose on Monday and the dollar extended gains as risk appetite revived following strong U.S. job figures that bolstered expectations of faster growth in the world's biggest economy. The MSCI All-Country World index .MIWD00000PUS rose 0.4 percent, while...

Japan's Fair Trade Commission has raided the offices of Amazon.com Inc's (AMZN.O) local unit on suspicion of pressuring retailers to offer products at lower prices than on rival sites, the Nikkei business daily said on Monday. The paper, which cited...

Gawker Media Group is engaged in preliminary talks with the former professional wrestler Hulk Hogan to reach a settlement over a $140 million court judgment that led the company to file for bankruptcy protection, the Wall Street Journal reported...

Oil received a boost on Monday from reports of renewed talks by some OPEC members to restrain output, but analysts warned the bearish fundamentals that brought prices to four-month lows last week still lurked in the background. International benchmark Brent...

Market headlines and spectator attention around the globe was firmly focused on the monetary policy decision from the Bank of England (BoE) yesterday where the central bank made history by cutting interest rates to a new record-low at 0.25%....

Oil prices dipped on Friday, ending a two-day rally, as a glut of crude and refined products weighed on markets and investors eyed a possible stutter in China's imports. U.S. West Texas Intermediate (WTI) crude futures CLc1 fetched $41.83 per...

Toyota Motor Corp (7203.T) is developing a next-generation taxi for the Japanese market and it has formed a partnership with the country's hire-taxi federation to explore uses for new technology, the company said on Friday. The partnership comes as Japan's...