Business

French transport group Alstom (ALSO.PA) is set to win a $2.5 billion contract to build the next generation of high-speed trains for U.S. rail operator Amtrak, U.S. Senator Charles E. Schumer said. Alstom on Tuesday welcomed the news of the...

Volkswagen shares tumbled more than 20 percent on Monday, their biggest ever one-day fall, as the German carmaker was plunged into turmoil by accusations from U.S. authorities that it falsified emissions data. The U.S. Environmental Protection Agency said on Friday...

A problem with Skype's status system has meant many people are currently unable to use the service. Reports about Skype being unavailable started at about 09:00 BST on Monday morning in the UK. In a statement, Skype-owner Microsoft said it had...

Wall Street was expected to start the week higher on Monday with a rebound in European stocks, the dollar and oil markets pointing to a tentative recovery in confidence following another difficult day in Asia. Asia's damage amounted to 1.5-2...

Standard Chartered (STAN.L) was still reviewing if some of its clients were Iranian or Iran-connected entities in 2013, the Financial Times said, saying it had identified transactions that could put the bank at risk of more U.S. penalties. The London-listed...

Apple has said it is taking steps to remove malicious code added to a number of apps commonly used on iPhones and iPads in China. It is thought to be the first large-scale attack on Apple's App Store. The hackers created...

A significant number of Apple Inc customers are reporting their mobile devices have crashed after attempting to upload the new iOS 9 operating system, the latest in a line of launch glitches for the tech giant. Twitter and other social...

Oil prices edged lower on Friday after the U.S. central bank warned on the health of the global economy and bearish signs persisted that the world's biggest crude producers would keep pumping at high levels to maintain market share. The...

A unit of China's CRRC Corp, the world's biggest train maker by revenue, on Thursday joined a group of its domestic peers in agreeing a deal to help build a high-speed link from Las Vegas to Los Angeles, underlining...

Adobe Systems Inc's lower-than-expected revenue and profit forecast for the current quarter overshadowed a strong rise in net subscriptions for its Creative Cloud software suite, sending its shares down 3.5 percent in extended trading. The company also said on Thursday...