Business

Boeing and Airbus were among three bidders in South Korea's roughly 1.4 trillion won ($1.38 billion) program to buy four refueling tanker aircraft, two people briefed on the matter said on Monday. South Korea kicked off the acquisition process in...

Investor support for large acquisitions and a desire to trump rivals in consolidating markets have led chief executives to strike big transactions so far in 2014, raising year-to-date global deal volumes to their highest level in seven years. Corporate buyers...

After decades of isolation, the United States is set to become a major player in the global trade of ultra light oil as recent government export approvals attract interest across the world. Following rulings disclosed this week, U.S. companies can...

BEVERLY HILLS, CA, June 29, (THEWILL) - The House of Representatives Public Accounts Committee (PAC) has summoned the Executive Secretary of National Human Rights Commission, Prof. Bem Angwe, to appear before it on Monday. The Executive Secretary is to explain...

Nestle USA is recalling 10,000 packages of chocolate peanut butter ice cream that were incorrectly labeled as another flavor, putting consumers with peanut allergies at risk, the company said. A customer complaint resulted in the recall of packages mislabeled as...

The African Union (AU) has proposed 522.12-million-dollar budget for 2015, the News Agency of Nigeria (NAN) reports. According to documents made available to NAN in Malabo on Friday, the draft budget is expected to be adopted at the 23rd Ordinary...

Internet giant Yahoo has put in a bid of around $250 million to buy Fullscreen, a company which creates content for YouTube channels, Britain’s Sky News reported on Thursday. Yahoo is looking to expand its reach to young consumers through...

Facebook is fighting a US court order in which it was forced to hand over data belonging to almost 400 people involved in a benefit fraud trial. The social media site said the request was "by far the largest" it...

A joint venture of General Motors Co (GM.N) in China will recall 194,107 locally made Buick vehicles due to Chinese consumer complaints about the cars' headlights, the country's quality watchdog said on Friday. Shanghai General Motors Co Ltd, the joint...

Stock futures fell on Friday, with major indexes largely on track to close out a week of modest losses as investors grew cautious over the state of economic growth. * While the S&P 500 remains 0.3 percent away from a...