Business

Package delivery company FedEx Corp (FDX.N) is in talks to buy at least 25 more 767 freighters from Boeing Co (BA.N) for about $5 billion, Bloomberg reported, citing people familiar with the matter. Fedex's directors discussed the deal at a...

Apple introduced mobile payments in Britain on Tuesday, hoping to make a splash with consumers familiar with using cards for tap-and-go purchases, as resistance from hold-out banks and stores appeared to evaporate. Starting Tuesday, Apple Pay is set to be...

JPMorgan Chase & Co (JPM.N), the biggest U.S. bank by assets, reported a stronger-than-expected rise in quarterly profit as legal and restructuring expenses declined. Net income attributable to the bank's common shareholders rose to $5.78 billion, or $1.54 per share...

China's state-backed Tsinghua Unigroup Ltd is preparing a $23 billion bid for U.S. memory chip maker Micron Technology Inc (MU.O), in what would be the biggest Chinese takeover of a U.S. company, people familiar with the matter said. The technology...

SAN FRANCISCO, July 13, (THEWILL) – President Muhammadu Buhari Monday said most of the recommendations to his administration to remove the controversial subsidy on petroleum products have “no depth” emphasizing that he would rather have accountability and transparency in...

Euro zone leaders made Greece surrender much of its sovereignty to outside supervision on Monday in return for agreeing to talks on an 86 billion euros bailout to keep the near-bankrupt country in the single currency. The terms imposed by...

Nintendo Co Ltd (7974.T) Chief Executive Satoru Iwata died of cancer on Saturday, months after he led the Japanese video-game maker's belated entry into mobile gaming following years of declining sales. He was 55. The death of the hands-on CEO...

As companies in the benchmark Standard & Poor's 500 begin to release lackluster second quarter results, rich valuations threaten to keep the U.S. stock market spinning in place. At 16.5 times forward estimates, the S&P 500, up less than 2...

U.S. government antitrust regulators are looking into claims about whether Apple's treatment of rival streaming music apps is illegal under antitrust law, according to three industry sources. Apple recently launched a new music streaming service, Apple Music. It also provides...

U.S. Department of Justice prosecutors are investigating former Deutsche Bank AG traders in connection with their participation in the interest rate-rigging scandal and could bring charges this year, Bloomberg reported, citing two people with knowledge of the situation. At least...