Business

AT&T Inc is in active talks to buy satellite TV provider DirecTV and may complete a deal in the next few weeks that could be worth close to $50 billion, two people familiar with the matter said on Monday. The...

Chinese police will brief the media on Wednesday about British drug maker GlaxoSmithKline PLC, which has been under investigation for allegedly funneling up to 3 billion yuan to travel agencies to facilitate bribes to doctors and officials. An official at...

Six months ago the U.S. oil industry scored a surprise win against farm groups when the Obama administration proposed slashing the amount of ethanol refiners must blend into gasoline, a move that could save them billions of dollars. Stunned by...

BNP Paribas and Credit Suisse Group have appealed to U.S. authorities to allow their subsidiaries rather than parent companies plead guilty in investigations they are facing, the New York Times reported, citing people briefed on the talks. Prosecutors are investigating...

The Bank of Japan is increasingly confident that the economy is weathering a recent tax increase and on its way out of deflation, but another threat to that optimistic scenario is lurking - weak exports. If shipments abroad continue to...

A year after spending $3.6 billion to buy grain trader Gavilon to expand in China, Japan's Marubeni Corp has been shaken by defaults on soybean sales and faces an investigation into alleged tax evasion in the world's top food...

Deutsche Telekom AG (DTEGn.DE) wants to be compensated by Sprint Corp (S.N) in the event its planned merger with the German firm's T-Mobile US Inc (TMUS.N) does not win regulatory approval, the Wall Street Journal reported, citing people familiar...

Britain is ready for "hard negotiation" to ensure Pfizer sticks to specific promises on jobs and science under the U.S. drugmaker's proposed takeover of AstraZeneca, its finance minister said. "I think it would be extraordinary not to engage with AstraZeneca...

The President of Dangote Group and Africa’s richest man, Alhaji Aliko Dangote, said that nine million tonnes of cement have been released into the market to stem the escalating cost of the product. Speaking to newsmen on Friday at the...

SAN FRANCISCO, May 09, (THEWILL) – A fresh crisis is looming in the Ijaw riverine communities in Warri South West Local Government Area of Delta State as plans are underway to lay the foundation stone of the multibillion dollar...