Business

Coach Inc (COH.N) will buy women's luxury footwear company Stuart Weitzman Holdings LLC, as it looks to expand its high-end offerings to better compete with rivals such as Michael Kors Holdings Ltd (KORS.N) and Kate Spade & Co (KATE.N). Coach,...

Bitstamp, one of the largest exchanges for trading the digital bitcoin currency, said it has suspended its service after a security breach on Sunday, resulting in loss of around 19,000 bitcoins. The breach represented a small fraction of its total...

Airbus increased its deliveries in 2014, setting a new company record, a source at the European planemaker said on Tuesday. The Airbus Group (AIR.PA) subsidiary beat its 2013 peak of 626 deliveries but is expected to remain behind rival Boeing...

Oil prices fell to fresh 5-1/2 year lows on Tuesday, extending a 5 percent plunge in the previous session as worries over a global supply glut intensified. Brent crude fell close to $51 a barrel, its lowest since 2009, with...

Fast-growing Chinese tech firm Xiaomi Technology Ltd Co booked 74.3 billion yuan ($11.97 billion) in pre-tax sales last year, up 135 percent from 2013, the firm's chief executive Lei Jun said on his official microblog account on Sunday. The...

BMW (BMWG.DE) will pay 5.1 billion yuan ($820 million) to auto dealers who pressured Europe's top luxury carmaker to share the cost of overstocked showrooms in the world's largest car market, BMW's main Chinese dealership group said on Monday. Car...

As a war of nerves between U.S. shale producers and Gulf powerhouses intensifies, OPEC's biggest members are counting down the months until their upstart rivals lose the one thing shielding them from crashing oil prices - hedges. They may need...

The union representing American Airlines pilots approved the carrier's final contract offer late Saturday, paving the way for a retroactive 23 percent wage hike if its members concur in a vote this month. The news was a step toward concluding...

Shake Shack Inc's filing this week for an initial public offering underscores a question for investors and foodies alike: How hungry are U.S. consumers for another burger chain? A key part of Shake Shack's growth strategy involves expanding its locations...

The U.S. factory sector grew at its slowest pace in six months in December, a sign that weakness in the global economy is weighing on the United States. The Institute for Supply Management (ISM) said its index of national factory...