Business

Google has agreed to pay 130 million pounds ($185 million) in back taxes to Britain, prompting criticism from opposition lawmakers and campaigners who said the "derisory" figure smacked of a "sweetheart deal". Google, now part of Alphabet Inc (GOOGL.O), has...

Financial markets need more clarity on how Chinese authorities are managing their currency, particularly the relationship of the yuan to the U.S. dollar, IMF Managing Director Christine Lagarde said on Saturday. Sharp swings in the yuan have contributed, along with...

Apple Inc's (AAPL.O) Steve Zadesky, who has been overseeing the company's electric car project for the last two years, has said he is leaving the company, the Wall Street Journal reported on Friday, citing people familiar with the matter. Zadesky,...

Japan's Toshiba Corp plans to sell part of its chip business as it aims to recover from a $1.3 billion accounting scandal, three people familiar with the matter told Reuters on Saturday. The electronics conglomerate has started accepting bids, with...

Google paid tech rival Apple $1bn in 2014 to keep its search function the default option on iOS devices, Bloomberg reports. A transcript of court proceedings from a copyright lawsuit against Google allegedly contains reference to a deal between the Silicon...

General Electric Co on Friday reported an 8 percent drop in fourth-quarter earnings in its industrial businesses, hurt by weakness in divisions catering to the oil and gas sector. Shares of the U.S. conglomerate, which also reported lower-than-expected total revenue,...

China's fragile shares ended higher on Friday, in a relatively muted response to hints of more policy stimulus in Europe and Japan that prompted a robust rally in battered oil prices and equities elsewhere. While Japan's Nikkei jumped nearly 6...

Volkswagen is not doing itself any favors by offering unequal compensation for U.S. and European customers following an emissions scandal last year, a German justice ministry spokesman said on Friday. "This unequal treatment ... cannot be in the interest of...

Credit card issuer American Express Co's (AXP.N) shares slumped in extended trading on Thursday after the company's 2016 earnings forecast disappointed analysts and investors. AmEx shares fell about 3.7 percent to $60.35 in extended trading following the company's 2016 earnings...

SAN FRANCISCO, January 22, (THEWILL) – Mobile telecommunications company, MTN Group, has asked for an out-of-court settlement in a suit it filed against the Nigerian Communications Commission, NCC, for imposing N1.04trn fine on its Nigerian subsidiary, MTN Nigeria, for...