Business

China's Tencent Holdings Ltd (0700.HK) has been given approval to start its banking operations, the banking regulator said, making the internet firm the first of five recently approved private banks to open its doors to clients. The launch of Tencent's...

A trillion dollar deal at the World Trade Organization to reduce tariffs in the vast information technology sector will stand or fall in the next 24 hours, trade diplomats said on Thursday. But late on Thursday one trade official involved...

U.S. stock index futures fell on Friday, putting the benchmark S&P 500 on track to snap seven weeks of gains, after oil prices fell and Chinese data disappointed. The S&P index had snapped a three-day skid on Thursday, buoyed by...

Oil prices are likely to come under further downward pressure, the International Energy Agency said on Friday, as it cut its outlook for demand growth in 2015 and predicted healthy non-OPEC supply gains would aggravate a global oil glut. The...

U.S. stocks rose at the open on Thursday as data pointed to a strengthening economy that appeared likely to overcome the impact of a steep drop in oil prices. The Dow Jones industrial average .DJI rose 67.33 points, or 0.38...

Fast food chain Burger King will avoid hundreds of millions of dollars in U.S. taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnuts chain Tim Hortons, a tax activist group said on Thursday. In one of the...

SAN FRANCISCO, December 10, (THEWILL) –South Africa-owned MultiChoice has launched its new decoder, GOtv, in Warri, the commercial nerve centre of Delta State. Besides Warri, GOtv which had its footprints in over 30 cities within 20 states in the federation,...

Global demand for OPEC crude in 2015 will be less than expected and far below its current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S....

British bank HSBC has dismissed its head of foreign exchange trading for Europe, Middle East and Africa, Stuart Scott, a source with knowledge of the decision said on Wednesday. "He has gone," the source said, adding that the move was...

First delivery of the new Airbus (AIR.PA) A350, scheduled for Saturday, Dec. 13, has been postponed and no new date has been set, the planemaker and the airline said on Wednesday. "We are working very closely with Qatar Airways to...