Business

The Swiss competition watchdog has launched an investigation into possible collusion in the precious metals market by several major banks, it said on Monday, the latest in a string of probes into gold, silver, platinum and palladium pricing. Global precious...

Oil prices rose on Tuesday after evidence of tightening supplies in the United States, the world's biggest oil consumer, outweighed concerns over the health of the Chinese economy. China's giant manufacturing sector is shrinking, economists say, as domestic demand falters,...

U.S. cable company Comcast Corp said on Monday it has agreed to buy a 51 percent stake in Osaka-based theme park operator USJ Co for $1.5 billion. Comcast said in a statement Goldman Sachs Group Inc, Seoul-based private equity firm...

Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky. Shell has spent about $7...

Oil prices eased on Monday, paring some of last week's 2 percent rally, despite evidence of slowing U.S. production and a fourth weekly increase in U.S. investor holdings of crude futures. High oversupply and concern about demand growth in emerging...

Metals firm Alcoa Inc said on Monday it would split into two publicly traded entities, acknowledging that its legacy aluminum operations and higher-value and automotive businesses were diverging and no longer compatible. New York-based Alcoa's traditional smelting business has been...

BEVERLY HILLS, September 28, (THEWILL) – Africa’s foremost cement manufacturer, Dangote Cement, said on Monday that it is set to commission its new 3.0 million metric tonnes per annum cement plant located in Mtwara District of Tanzania on October...

Volkswagen rigged emission tests on about 2.8 million diesel vehicles in Germany, the country's transport minister said on Friday, nearly six times as many as it has admitted to falsifying in the United States. His comments, pointing to cheating on...

The iPhone 6s and 6s Plus hit stores around the world on Friday, at the start of what is expected to be a record weekend for sales of Apple Inc's (AAPL.O) marquee product. Eager buyers - joined by at least...

Smartphone maker BlackBerry Ltd reported weaker-than-expected quarterly results on Friday but forecast higher revenue and said it might replace its operating system with Google Inc's Android platform. The Waterloo, Ontario-based company, which is pursuing a turnaround plan based on selling...