Business

U.S. stock index futures were little changed on Monday as investors tried to decipher comments from top Federal Reserve officials on the timing of the next interest rate hike. * Fed Chair Janet Yellen said on Friday the case for...

Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger U.S. dollar weighed on commodities. Iraq, which has exported more crude from its southern ports in August, will continue...

Oil eased on Friday, on course for its largest weekly decline in a month after the Saudi energy minister watered down expectations that the world's largest producers might agree next month to limit their output. Brent crude futures LCOc1 were...

Anheuser-Busch InBev (ABI.BR) expects to cut some 3 percent of its combined workforce after it has acquired rival SABMiller (SAB.L), according to takeover documents published on Friday. That would be some 5,500 jobs, according to a source with information on...

The case for raising U.S. interest rates has strengthened in recent months because of improvements in the labor market and expectations for moderate economic growth, Federal Reserve Chair Janet Yellen said on Friday. Yellen did not indicate when the U.S....

U.S. interest rates futures clung to earlier gains on Friday as data showed domestic gross product grew 1.1 percent in the second quarter, which is slower than previously thought and supports the view the Federal Reserve would refrain from...

Apple Inc issued a patch on Thursday to fix a dangerous security flaw in iPhones and iPads after researchers discovered that a prominent United Arab Emirates dissident's phone had been targeted with a previously unknown method of hacking. The thwarted...

Luxury automaker Lamborghini expects to at least double production to 7,000 vehicles a year by 2019 once it rolls out a new SUV, but it will not lose its focus on making sports cars, Chief Executive Officer Stefano Domenicali...

Oil prices fell on Wednesday, with U.S. crude futures losing more than 1 percent, on data pointing to a potential build in domestic crude stockpiles that offset market bulls' speculation of an OPEC output freeze. The American Petroleum Institute (API),...

Swiss bank UBS (UBSG.S) is leading a team of four of the world's biggest banks developing a system to enable financial markets to make payments and settle transactions quickly using blockchain technology. UBS has developed a "Utility Settlement Coin" (USC),...