Business

Reuters News is cancelling its next-generation website known as Reuters Next, a project that aimed to overhaul the existing Reuters.com. Andrew Rashbass, the chief executive of Reuters, said the project had struggled to meet deadlines and to stay within its...

South Korea's government bowed to public pressure on Tuesday and voted down a bid by Boeing (BA.N) to supply 60 warplanes, saying it would restart the multi-billion tender process to get a more advanced, radar-evading fighter. Lockheed Martin's (LMT.N) F-35A,...

Dubai's government is working on new rules to protect its real estate market and prevent any excessive rise of property prices that could end in a crash, a senior official said on Tuesday. The bursting of a property bubble in...

U.S. stocks opened little changed on Tuesday ahead of data that could help investors interpret recent comments by Federal Reserve officials about the near future of its stimulus program. The Dow Jones industrial average .DJI fell 3.66 points or 0.02...

Facebook, Twitter and other websites deemed sensitive and blocked by the Chinese government will be accessible in a planned free-trade zone (FTZ) in Shanghai. Citing unidentified government sources, the Hong Kong newspaper also said authorities would welcome bids from foreign...

SAN FRANCISCO, September 23, (THEWILL) –   Students in secondary schools across the country have been invited to submit entries in the 2013 UBA Foundation National Essay Competition.  The essay competition for secondary students is organized by UBA Foundation; the...

Struggling BlackBerry (BBRY) unveiled a $4.7 billion preliminary deal on Monday afternoon to be acquired by a consortium led by billionaire Prem Watsa's Fairfax Financial. The proposed transaction, which is subject to a six-week period of due diligence, values the...

BlackBerry Ltd's plan to retreat from the consumer market in favor of its traditional strength serving businesses and governments is widely seen as a desperate move that industry watchers warn will only accelerate its downward spiral. The strategic shift and...

Shares and core euro zone bonds carved out minor gains on Monday as fresh concerns about the Federal Reserve's policy stance took the shine off an election triumph for Angela Merkel and some upbeat euro zone data. Merkel's resounding win...

The euphoria with which investors in the U.S. stock market greeted the Federal Reserve's decision to stick with its easy-money policy has begun to evaporate, as the message the Fed was sending about a less-than-stellar economy sinks in. An economy...