Business

Switzerland's cabinet has twice refused to accept the nomination of a British-born ex-UBS (UBSN.VX) banker as head of the financial market regulator, hoping to see more competition for the role, a Swiss newspaper reported on Sunday. Mark Branson is leading...

Karl Slym, managing director of India's Tata Motors Ltd (TAMO.NS), died on Sunday after falling from a high floor of a hotel in Bangkok, the company said. Slym, 51, had attended a board meeting of Tata's Thailand unit in the...

U.S. electric carmaker Tesla Motors Inc (TSLA.O) expects its China sales to contribute one third of global sales growth this year, a senior executive said, adding that a trademark issue stalling full-entry into China had been resolved. Veronica Wu, vice...

Top emerging market policymakers moved to allay concerns about their economies on Friday after investors sold off their currencies, raising fears of a broad market rout. The U.S. Federal Reserve's plan to gradually withdraw its stimulus has long been expected...

A sharp sell-off in emerging market currencies accelerated on Friday, setting global stocks on track for their worst week this year with worries mounting over an economic slowdown in China, U.S. monetary policy and domestic political issues from Turkey...

The reliability of Boeing's (BA.N) 787 Dreamliner is slowly improving but it is still not at a satisfactory level and the firm is working to improve the jet's performance, Mike Fleming, Boeing's vice president for 787 support and services...

Microsoft Corp posted a bigger-than-expected quarterly profit on Thursday, boosted by strong sales of its software and services for businesses, a solid holiday season for its new Xbox game console and Surface tablets, and a slightly lower tax bill. The...

Lenovo Group Ltd has agreed to buy IBM Corp's server business for $2.3 billion as the Chinese PC giant grabs another piece of the computing world in a long-awaited deal. The acquisition comes nearly a decade after Beijing-based Lenovo bought...

The global economy started 2014 on a disjointed note with the euro zone's private sector in better shape than expected and China's vast manufacturing industry contracting for the first time in six months. Surveys on Thursday showed stronger growth across...

Carl Icahn has taken a stake in eBay Inc and is proposing a spin-off of the its fast-growing PayPal division, but the e-commerce giant rebuffed the overture, setting the stage for a potential battle with the activist investor. EBay, which...