Business

Verizon Communications Inc (VZ.N) said it would buy AOL Inc (AOL.N) in a $4.4 billion deal that gives the biggest U.S. wireless carrier access to AOL's successful digital advertising service and content including the Huffington Post news website. The offer...

Adidas (ADSGn.DE), which has hired advisers to help fend off any potential hostile takeover bid, said it had not been approached by activist investors seeking to build a stake, Germany's manager magazin reported last September that hedge funds were considering...

Chinese online shopping giant Alibaba Group Holding Ltd is rolling out a three-hour delivery service for healthcare goods, mimicking rival JD.com Inc. The service will launch in five Chinese cities, including Beijing and Shanghai, and expand to 19 by the...

Fears over Toshiba Corp's second probe into its own accounting in two years wiped close to $2.5 billion off the Japanese industrial giant's market value on Monday, with analysts saying lingering doubt on the root of the problem will...

Oil slipped below $65 a barrel on Monday as signs that U.S. shale oil production was recovering after a recent price rally renewed concerns of a growing global supply glut. China's latest move to bolster its economy offset some of...

An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could face a major courtroom test as soon as Monday, when a big investor in Dell Inc may argue that it should be...

President Barack Obama, co-opting Nike Inc's famous slogan, told Democrats on Friday to "just do it" and support a trade deal with Asian countries that the shoe company said would help it create up to 10,000 U.S. jobs over...

Visa Inc (V.N) is in preliminary talks to buy former subsidiary Visa Europe Ltd, in a deal that could be valued at up to $20 billion, Bloomberg reported, citing people with knowledge of the matter. The talks, which began when...

General Electric Co (GE.N) has won a five-year contract valued at up to $2 billion to supply helicopter engines to the government of Taiwan and support a number of U.S. military services, the Defense Department said on Friday. The contract,...

Fuel shortages are set to worsen in Nigeria as international traders and local marketers back away from imports over fears that the cash-strapped new government will halt costly subsidy payments. Already, lines at petrol stations in the major cities are...