Business

Google Inc has acquired solar-powered drone maker Titan Aerospace as the Web search giant ramps up plans to deliver wireless Internet access to remote parts of the world. Titan Chief Executive Vern Raburn declined to provide information on the price...

Italian fashion and leather brand Gucci will take direct control of its shops in Moscow and open two new points of sale in the Russian capital, the company said on Monday. The label founded in Florence in 1921 has six...

When Goldman Sachs Group Inc filed its shareholder proxy earlier this month, it was free of a proposal that has become increasingly popular among corporate governance activists: a demand for more disclosure about lobbying. Goldman's big Wall Street rivals can't...

Bank of Japan Governor Haruhiko Kuroda and Prime Minister Shinzo Abe will revive their regular meetings this month, people familiar with the matter said, in a sign the government may be concerned about recent stock market declines and an...

Citigroup Inc (C.N) has cut 200 to 300 jobs, or about 2 percent of its global markets workforce, the Wall Street Journal reported citing a person familiar with the matter. The bank is tightly managing expenses and "making targeted head...

Wi-Fi in the sky is taking off, promising much better connections for travelers and a bonanza for the companies that sell the systems. With satellite-based Wi-Fi, Internet speeds on jetliners are getting lightning fast. And airlines are finding that travelers...

The U.S. government warned banks and other businesses on Friday to be on alert for hackers seeking to steal data exposed by the "Heartbleed" bug, as a German programmer took responsibility for the widespread security crisis. On a website for...

Microsoft Corp's board faces a lawsuit over the way it handled an error with its Internet Explorer browser that ended up costing the company a record-breaking $731 million fine by European antitrust regulators. The lawsuit, brought by shareholder Kim Barovic...

Unified Payment Services Limited, the leading Payments Industry Service Provider announces the introduction of a new service platform, known as Payarena. Payarena offers customers access to Value Added Services which include purchase of Airtime (Virtual Top Up, Prepaid PINs, Blackberry...

U.S. securities regulators are considering testing a proposed reform that could drive business to major stock exchanges and away from alternative trading venues such as "dark pools" that critics say may be hurting investors by reducing the quality of...