Business

Discount store chain Dollar Tree Inc said it expects to divest less than 300 stores to buy larger rival Family Dollar Stores Inc, and had already identified potential buyers. Dollar Tree said it would likely sign an agreement by the...

UBS Group AG, Switzerland's biggest bank, lost two more blue-chip corporate broking clients, the Financial Times reported, citing people familiar with the situation. British defense contractor BAE Systems Plc and Smith & Nephew Plc, Europe's largest maker of artificial joints,...

Volkswagen's (VOWG_p.DE) latest push to become more than a niche player in the United States builds on a truism the German carmaker has long ignored: if you want to crack the U.S. market, tune in to American customers. VW is...

BEVERLY HILLS, January 11, (THEWILL) – The Securities and Exchange Commission (SEC) Sunday said Ms. Arunma Oteh’s tenure as Director-General of the agency has ended. The agency in a statement on Sunday published by the News Agency of Nigeria (NAN)...

U.S. stocks fell on Friday following a two-day rally as December's jobs report gave a mixed view of the economy, with financial shares leading the way lower. All three major indexes posted slight losses for the week and fell back...

Global oil markets resumed their slide on Friday, with Brent and U.S. crude hitting April 2009 lows and ending down for a seventh straight week, although prices recovered from their lows after a sharp drop in the U.S. oil...

United Airlines (UAL.N) has paid a premium to dump old losing bets on higher oil prices, and is reviewing its strategy for insulating itself from oil market volatility, in a sign of how some airlines' efforts to hedge their...

Some 20 state attorneys general have joined the federal antitrust investigation of competing bids by Dollar General Corp (DG.N) and Dollar Tree Inc (DLTR.O) to buy Family Dollar Stores Inc (FDO.N), a development that potentially complicates the companies' efforts...

Victims of the Lac-Megantic oil-by-rail disaster that killed 47 people in the Canadian province of Quebec in 2013 agreed to a nearly $200 million settlement with some of the firms involved, including the insolvent rail operator at the center...

The People's Bank of China will continue to maintain "prudent" monetary policy in 2015, keeping credit growth stable while having its hands free to fine-tune policy when necessary, the regulator said in an online statement on Friday. However, the central...