Business

Argentina's Congress gave final approval on Thursday to a law that would restructure the country's debt to skirt a U.S. court ruling that forced it into its second default in 12 years, although its efficacy looked uncertain. Under the debt...

The chief executive of aerospace and defense group Airbus criticized the German government on Thursday for its restrictive arms export policy, saying it could deter international cooperation on future defense projects. "When it comes to defense and security policy, what...

Data storage products maker EMC Corp has decided to explore selling its stake in its software unit, VMware Inc, giving into pressure from Paul Singer-run activist hedge fund Elliott Management Corp, the New York Post reported, citing sources familiar...

BEVERLY HILLS, September 10, (THEWILL) - Waheed Olagunju, the Bank of Industry's Executive Director, Small and Medium Enterprises has been conferred with the award of Corporate Ambassador at the 2014 Nigeria Arise Awards ceremony hosted recently by BEN Television of...

Dubai is building a minority stake in Nigeria’s largest cement manufacturer as the Gulf state deploys its finances to develop its role as an investment gateway into sub-Saharan Africa. The emirate’s state holding company is diversifying its portfolio by investing...

The addition of a mobile payments service to Apple Inc's next iPhone could help to boost sales of the larger-screen phones and claw back market share lost to mobiles running on Google Inc's Android platform. At least six brokerages raised...

U.S. stocks opened little changed on Monday, with investors finding few incentives to jump back into the market even after a recent string of declines that included its worst drop since Aug. 5 in the previous session. The Dow Jones...

Nevada lawmakers on Wednesday will consider controversial tax breaks estimated at up to $1.3 billion for Tesla Motors Inc (TSLA.O) to build its $5 billion battery factory in the state. Assembly Speaker Marilyn Kirkpatrick promised scrutiny of the legislation, which...

Alibaba Group Holding Ltd has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said on Wednesday. There was no indication as...

A robust dollar swept to a 14-month high on Tuesday as investors tweaked bets on an early hike in U.S. interest rates, burdening oil, gold and stocks in the energy majors. As the dollar broke to a six-year peak on...