Business

Germany's SAP (SAPG.DE) has agreed to buy U.S. expenses software maker Concur (CNQR.O) for $7.3 billion in cash, strengthening its position in cloud computing but sending its shares down almost 3 percent on concern over the price. SAP has been...

U.S. stocks were higher in morning trading on Thursday, with the S&P 500 brushing against resistance at a record peak, a day after the U.S. Federal Reserve renewed its commitment to keeping interest rates low. The Fed said Wednesday at...

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration. While other data on Thursday showed housing starts declined in...

Apple Inc (AAPL.O) is still awaiting a critical license from Chinese regulators before it can sell its new iPhone 6 in one of the company's most important markets. The official Xinhua news agency said on Thursday that Apple's new iPhone...

The U.S. Federal Reserve's outlook for rising interest rates had already illustrated the diverging path from other advanced economies but it was underscored even more firmly in Europe as the ECB opened its liquidity taps again. Lackluster demand for the...

EBay has been compromised so that people who clicked on some of its links were automatically diverted to a site designed to steal their credentials. The spoof site had been set up to look like the online marketplace's welcome page. The...

General Mills Inc reported lower-than-expected quarterly profit and revenue as the maker of Cheerios cereal and Betty Crocker cake mixes lost further ground to cheaper store-branded foods amid rising demand for alternative breakfast options. The company's shares fell as much...

Global shares and commodity prices rose on the reported move, although local money market rates climbed on the day, reflecting continued tightness in liquidity. The Wall Street Journal, citing an unnamed Chinese bank executive, said the People's Bank of...

BEVERLY HILLS, September 16, (THEWILL) - United Bank for Africa (UBA) Plc in partnership with Verve International has launched an offer tagged “UBA Verve Rewards” in which Cardholders could win e-cash, free airtime, Nokia mobile phones and up to N35,...

Energy shares were trading higher on Wall Street Tuesday, putting the S&P energy index .SPNY on track for a second straight day of gains as oil prices showed signs of stabilizing. Brent crude LCOc1 climbed above $98 after hitting a...