Business

Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd (0583.HK), a deal that has raised a question over the outlook for...

Royal Dutch Shell expects to slash thousands more jobs to save costs if its takeover of BG Group goes through as planned early next year following a final green light from China. The acquisition, which was announced on April 8...

U.S. stock index futures were little changed on Monday as investors brace for a widely expected interest rate hike in more than a decade. The Federal Reserve will begin its two-day meeting on Dec. 15 to decide on the rate...

The Renault-Nissan alliance drew a line under an eight-month power struggle with the French government on Friday, with a compromise deal balancing increased state influence at Renault with weakened control over its Japanese affiliate. The agreement, offering Nissan guarantees against...

Nigeria's central bank on Friday revised the rules for operating retail bureaux de change in a bid to tighten regulation to curb speculation after the long slide in oil prices hit its dollar reserves and currency . The naira was...

BEVERLY HILLS, December 10, (THEWILL) – Mr. Godwin Emefiele, the Governor of CBN, says the apex bank may not release funds due to banks following the reduction of the Cash Reserve Ratio (CRR) if they failed to lend to...

Wal-Mart Stores Inc (WMT.N) said it would launch 'Walmart Pay,' to become the first U.S. retailer to offer its own payment feature to expand consumer payment options and increase the speed of checkouts. Walmart Pay will be introduced in select...

A U.S. safety group said Japanese and German automakers dominated the list of the safest vehicles on American roads, in part by adding advanced technology to prevent frontal collisions. The Insurance Institute for Highway Safety, an industry funded group that...

Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policymaker poured cold water on market expectations of more easing by the European Central Bank. European shares...

Apple Inc is struggling to persuade Australia's big banks to sign up for its Apple Pay mobile payment system, people familiar with the matter say, as the technology giant works from an unfamiliar negotiating position: weakness, not strength. Apple rolled...