Business

Toshiba Corp (6502.T) has granted Canon Inc (7751.T) exclusive negotiating rights for its medical equipment unit after a hotly contested auction, with a report putting Canon's offer at more than $6 billion. The conglomerate put Toshiba Medical Systems Corp on...

Sharp Corp's (6753.T) two main banks are set to lower interest rates on billions of dollars in loans and offer other financial support as part of a planned takeover by Taiwan's Foxconn, a source with direct knowledge of the...

BEVERLY HILLS, March 08, (THEWILL) –  As part of broader International Women’s Day activities, MasterCard and UN Women signed a memorandum of understanding (MoU) to address this imbalance and advance gender equality and women’s economic empowerment. The first initiative in...

SAN FRANCISCO, March 08, (THEWILL) – The National Bureau of Statistics (NBS), in data made available to the public, has revealed that the economy grew at a lesser percentage than it grew in the third quarter (Q3) of 2015. According...

The United States is restricting China's ZTE Corp and three other entities over what it said was a scheme developed by the telecoms equipment maker to re-export controlled items to Iran contrary to U.S. law, according to a U.S....

European shares fell on Monday, unable to maintain the momentum that took Asian equities to two-month highs, as investors said a rebound in stocks seemed tired and looked ahead to a European Central Bank meeting expected to deliver more...

Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current round of funding, a person familiar with the matter said. Ant Financial, which operates the "Alipay"...

South Africa has joined the battle against sugar, becoming the first African country to plan a tax on drinks loaded with the sweet stuff. That could hurt many here, for whom a supermarket trip is not complete without stocking up...

BEVERLY HILLS, March 05, (THEWILL) – Crude oil futures edged up on Friday as traders and analysts eyed United States, U.S, jobs data which could give further momentum to rising prices. Brent futures rose 19 cents to 37.26 dollars a...

Facebook FB.0 said it would stop booking sales to UK clients via Ireland, a practice which reduced its taxes, following the British government's introduction of a new tax on profits shifted offshore. In future, Facebook will report its UK sales...