Business

U.S. stock index futures were little changed on Wednesday as investors found few reasons to buy before the Thanksgiving holiday and major indexes stood near historic highs. Adding to last quarter's higher results, technology company Hewlett-Packard (HPQ.N) rose after it...

The euro raced to fresh highs on both the yen and U.S. dollar on Wednesday, while Shanghai stocks shrugged off geopolitical concerns to outpace an otherwise lackluster regional performance. European stocks were poised for a subdued start with financial spreadbetters...

The 2013 holiday shopping season may end up being remembered for its ugly sweaters and, for many retailers, even uglier discounts. With growing online competition, no fashion must-haves and weak consumer confidence, most U.S. retailers will have to offer both...

European shares and the dollar slipped on Tuesday as oil prices climbed amid doubts over the real impact of the Iran nuclear deal and renewed political tensions in the East China Sea. The pan-European FTSEurofirst 300 .FTEU3 share index struggled...

Bayer (BAYGn.DE) has offered to pay $2.4 billion for Norway's Algeta (ALGETA.OL), its partner for a new prostrate cancer treatment, at a 27 percent premium to the stock's last close, Algeta said on Tuesday. The deal would boost Bayer's drugs...

China wants to double trading volumes with central and eastern members of the European Union in the next five years, Li Keqiang said on his first visit to the former communist bloc as premier. China and the EU announced at...

The Bank of England is to review whether it needs more powers to control banks' balance sheets. Bank governor Mark Carney said Chancellor George Osborne had asked the Bank's Financial Policy Committee (FPC) to review its powers. The FPC regulates banks,...

Asian shares rose for the third straight day on Tuesday, while oil prices regained some semblance of stability after the previous session's slide as traders questioned how quickly the Iranian nuclear accord could turn into higher supplies. The yen came...

Apple has purchased PrimeSense, an Israeli firm that specialises in making 3D motion detection technology. PrimeSense is best known for developing gesture control for Microsoft's Kinect sensor, and has made strides towards bringing the technology to mobile. Apple's deal is likely...

If European policy elites could choose the next head of the EU's executive, Pascal Lamy, the Frenchman who stepped down as head of the World Trade Organisation in July, would be near the top of most people's list. Lamy, 66,...