Business

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...

South Africa's AMCU union said on Thursday it was still seeking a minimum of 12,500 rand ($1,100) in wages from Impala Platinum (IMPJ.J) after reports emerged late last year that it had lowered its demands. The union's president Joseph Mathunjwa...

The first weeks of 2014 showed North Asia's manufacturing and export giants enjoying mixed fortunes, with South Korea and Japan starting the year positively, while China, the biggest of the trio, was still struggling to regain momentum. Asia's top export...

Cloud software maker VMWare Inc said it would buy mobile security company AirWatch for about $1.18 billion in cash and about $365 million in installment payments and assumed unvested equity. AirWatch will become a unit of VMWare and its employees...