Business

It has been four years since Apple Inc (AAPL.O) introduced a completely new gadget and the pressure is on for the world's largest tech company to wow at its "special event" in Cupertino, California, on Tuesday. Apple has fed the...

A U.S. anti-bribery probe into GlaxoSmithKline Plc (GSK.L) touched on the firm's Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker's compliance problems in China could go wider than previously revealed. GSK confirmed it had conducted an...

Morgan Stanley (MS.N) has agreed to pay $95 million to resolve a lawsuit accusing the Wall Street bank of misleading investors in mortgage-backed securities in the run up to the 2008 financial crisis. The settlement, disclosed in court papers filed...

Sovereign fund Investment Corp of Dubai (ICD) has bought a 1.4 percent stake in Dangote Cement, Nigeria's biggest company by market capitalisation, for $300 million, a Dangote spokesman said on Monday. Dangote Cement spokesman Carl Franklin confirmed the sale, but...

SAN FRANCISCO, September 07, (THEWILL) – The Management of Dansa Foods Limited and Bulk Pack Services Limited, companies owned by Alhaji Sani Dangote, over the weekend, assured customers and other vendors of stability in its operations despite last week’s court...

Philadelphia Federal Reserve Bank President Charles Plosser, the loan dissenter at the Fed's July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on monetary policy to reflect an improving economy and...

China's Alibaba Group is seeking to raise up to $24.3 billion in its upcoming IPO, an amount that would be the most ever raised by a company heading into its stock market debut. The e-commerce company is hoping to sell...

Sprint Corp said on Friday it was adding 15 new rural and regional wireless providers to its U.S. roaming program, a move bolstering the company's efforts to cheaply expand its footprint as it fights to stay competitive as a...

Family Dollar Stores Inc rejected Dollar General Corp's sweetened takeover bid, saying the offer still did not address antitrust concerns, raising the prospect that the No. 1 U.S. deep discount chain will go "hostile" with its offer. Dollar General raised...

After a recent flurry of economic data pointed to a strengthening economy, nonfarm payrolls for August were well below expectations, throwing cold water on the possibility that the Fed might speed up plans to hike interests at its next...