Business

Verizon Communications Inc (VZ.N) said on Thursday it has a "reasonable basis" to believe Yahoo Inc's (YHOO.O) massive data breach of email accounts represents a material impact that could allow Verizon to withdraw from its $4.83 billion deal to...

Samsung Electronics Co (005930.KS) slashed its quarterly profit estimate by a third on Wednesday, soaking up a $2.3 billion hit from ditching its flagship smartphone in what could be one of the costliest product safety failures in tech history. Quantifying...

Energy ministers from Qatar, the United Arab Emirates, Algeria, Venezuela and Russia began informal closed-door talks with the secretary general of OPEC in Istanbul on Wednesday as they try to coordinate efforts to rebalance the oil market. OPEC officials are...

Apple Inc (AAPL.O) will set up a research and development center in China's manufacturing metropolis Shenzhen, the U.S. tech giant said on Wednesday, as the firm looks to spur growth in the world's second largest economy amid growing competition. The...

Global stocks staged a miraculous rebound during trading on Monday with most arenas charging into gains following the sharp appreciation in oil prices which bolstered investor risk sentiment. Asian shares were uplifted on Tuesday as oils resurgence attracted bulls...

After five years of litigation, the U.S. Supreme Court will hear arguments on Tuesday in the bitter patent dispute between the world's two top smartphone manufacturers over the amount Samsung (005930.KS) should pay Apple (AAPL.O) for copying the iPhone's...

Twitter Inc's (TWTR.N) shares slumped more than 13 percent in early trading on Monday after a weekend Bloomberg report that top potential bidders, including Salesforce.com Inc (CRM.N), had lost interest in making a bid for the company. Salesforce, Alphabet Inc's...

The Mexican peso and U.S. stock futures rose as investors saw less chance of Republican nominee Donald Trump winning next month's presidential election, while sterling was under pressure after Friday's "flash crash" in the British currency. Futures on the S&P...

Samsung Electronics Co Ltd has suspended production of its flagship Galaxy Note 7 smartphones, a source said on Monday, after reports of fires in replacement devices added to the tech giant's worst ever recall crisis. Top U.S. and Australian carriers...

A settlement with U.S. regulators gives Volkswagen AG (VOWG_p.DE) too much authority over how to spend $2 billion on electric vehicle technology, a U.S. congresswoman from California said this week in a letter, echoing concerns from states and others...