Business

Kenya's government has ordered the closure of 13 money transfer firms to prevent militant Islamists from using them to finance attacks, the interior minister has told the BBC. The bank accounts of 85 individuals and "entities" had also been frozen,...

American Airlines and US Airways were given a single operating certificate from U.S. regulators, marking a milestone in their integration since the carriers merged in December 2013, parent American Airlines Group Inc said. The U.S. Federal Aviation Administration (FAA) now...

Sometimes it takes little more than five people to put together a $70 billion oil mega-merger. Shell's purchase of smaller rival BG, the third largest oil and gas merger ever, was prompted by a phone call on a Sunday in...

Bureau De Change operators in Abuja have attributed the fall in the dollar to release of the foreign currency by hoarders who had stored it pending the outcome of the nation’s general elections. A cross section of the operators, on...

Twitter (TWTR.N) and Facebook (FB.O) have vowed to fight a Turkish ban that briefly blocked access to social media sites this week, a clampdown critics said was further evidence of Ankara's growing authoritarianism. Turkey has taken a tough stance on...

FedEx Corp (FDX.N) said it will buy Dutch package delivery firm TNT Express (TNTE.AS) for 4.4 billion euros ($4.8 billion), aiming to take on bigger rivals United Parcel Service (UPS.N) and Deutsche Post (DPWGn.DE) in Europe. European regulators blocked a...

Brent crude oil fell below $58 a barrel on Tuesday on signs of growing oversupply as Iranian officials visited Beijing to seek more oil sales after a framework nuclear deal that could lead to the lifting of sanctions. China is...

Oil futures climbed more than $1 a barrel on Monday, after Saudi Arabia raised its prices for crude sales to Asia for the second month running, signaling improved demand in the region. International benchmark Brent regained ground after tumbling as...

A dramatic fall in the euro has created an opportunity for European manufacturers to enjoy cheap production costs at the bases from which they can supply world markets. But after months of sharp shifts in foreign currencies, many of these...

Shares of Samsung Electronics Co Ltd rose more than 3 percent early on Monday ahead of the release of its guidance on first-quarter earnings scheduled for Tuesday. Samsung Electronics was up 3.2 percent and trading at 1,480,000 won as of...