Business

German public prosecutors have launched an investigation into suspected tax evasion in connection with the emissions scandal that has rocked carmaker Volkswagen (VOWG_p.DE), daily paper Sueddeutsche Zeitung and broadcasters NDR and WDR said in a joint report. The investigation focuses...

U.S. stock index futures were down on Tuesday ahead of third-quarter GDP data that could feed into the Federal Reserve's decision on whether to raise interest rates next month. * Global security concerns also remained on the forefront after the...

Pfizer Inc on Monday said it would buy Botox maker Allergan Plc in a deal worth $160 billion to slash its U.S. tax bill, rekindling a fierce political debate over the financial maneuver. The acquisition, which would create the world's...

Upscale jeweler Tiffany & Co (TIF.N) reported a surprise drop in quarterly sales as a strong dollar hurt tourist spending in the United States and reduced the value of sales from other markets. The company, which has raised prices to...

The United States Commerce Secretary said on Monday China would offer better legal protection to U.S. firms that suffer theft of trade secrets after annual trade talks that yielded scant progress on other topics like a proposed investment treaty. Few...

U.S. stock indexes were set to open little changed on Monday, coming off last week's strong gains, as investors head into Thanksgiving week. Globally, stocks were hit as commodities prices tumbled on worries about oversupply and tepid demand, with copper...

Wal-Mart Stores Inc (WMT.N) has decided that Cyber Monday, the biggest online shopping day of the year, should not start on a Monday anymore. The world's largest retailer by revenue will, for the first time this year, launch all its...

European antitrust regulators cleared on Monday Avago Technologies Ltd's (AVGO.O) planned $37 billion takeover of rival chipmaker Broadcom Corp (BRCM.O) without conditions. Spurred by demand for cheaper chips and new products to power Internet-connected gadgets as well as the need...

US drugs giant Pfizer has sealed a deal to buy Botox-maker Allergan for $160bn (£106bn) in what is the biggest pharmaceuticals deal in history. The takeover could allow Pfizer to escape relatively high US corporate tax rates by moving its...

BEVERLY HILLS, November 23, (THEWILL) – The Central Bank of Nigeria (CBN) weekend disclosed that it had saved a whopping $300m in the last three weeks from Bureau De Change (BDC) in the country through the condition that request...