Business / World Business

After bruising China battle, Uber cedes to rival Didi 01 Aug 2016 - 03:44 pm

A taxi passes by an Uber station outside a shopping mall in Beijing on August 1, 2016.(AFP) By Heather Somerville and Denny Thomas...

Uber China to merge with local rival Didi to create $35 billion company 01 Aug 2016 - 11:43 am

A mascot of Didi Chuxing is seen at the company's headquarters in Beijing, China, May 18, 2016. (REUTERS/Kim Kyung-Hoon/File Photo) By Eric Newcomer...

Amazon quarterly profit jumps ninefold to $857m 30 Jul 2016 - 05:27 am

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City. Washington: Online giant Amazon said profit in the...

The TPP is much more than just a free-trade deal 30 Jul 2016 - 05:24 am

Delegates show their opposition to the Trans-Pacific Parternership Agreement (TPP) during Day 1 of the Democratic National Convention at the Wells Fargo Center...

Alphabet revs up advertising, boosts profits 30 Jul 2016 - 05:23 am

Alphabet Chief Financial Officer Ruth Porat San Francisco: Google parent Alphabet beat expectations with robust profit growth for the past quarter, fueled by...

Armani creates foundation as succession issue looms 30 Jul 2016 - 05:21 am

Giorgio Armani appears at the end of a fashion show for Giorgio Armani Prive in Paris. MILAN: Italian fashion designer Giorgio Armani said...

Bank of Japan eases policy by doubling ETF buying, underwhelms expectations 30 Jul 2016 - 05:20 am

Bank of Japan (BOJ) Governor Haruhiko Kuroda (centre) attends a policy board meeting at the BOJ headquarters in Tokyo yesterday. TOKYO: The Bank...

Opinion: Distressed debt diva Lynn Tilton speaks out on ‘unfair’ SEC trial 30 Jul 2016 - 12:00 am

New York financier Lynn Tilton arrives for an appeal hearing at the U.S. District courthouse in New York, September 16, 2015. Reuters/Brendan McDermid...

With eye on China, India doubles down on container hub ports 30 Jul 2016 - 12:00 am

Indian billionaire Gautam Adani speaks during an interview with Reuters at his office in Ahmedabad, India, April 2, 2014. REUTERS/Amit Dave Adani Group...

Amazon revenue beats estimates as cloud sales surge 29 Jul 2016 - 02:03 am

An Amazon Fire tablet is displayed during a media event in San Francisco California, September 16, 2015. Reuters / Beck Diefenbach Amazon.com Inc...

Analysis: EU leniency for Spain, Portugal signals softer economic path 29 Jul 2016 - 12:00 am

Portuguese president Marcelo Rebelo de Sousa makes a statement after the European Commission decided not to sanction Portugal, at Belem Palace in Lisbon...

Nobel economist Joseph Stiglitz calls Apple’s profit reporting in Ireland ‘a fraud’ 29 Jul 2016 - 12:00 am

“Our current tax system encourages companies to keep their money abroad, opens up a vast loophole through what is called the transfer-pricing system...

Analysis: The identity crisis that led to Yahoo’s demise 28 Jul 2016 - 06:41 pm

A Yahoo logo is pictured in front of a building in Rolle, 30 km east of Geneva, in this file picture taken December...

Boeing says it could end 747 production 28 Jul 2016 - 03:55 pm

A Boeing 737 aircraft is seen during the manufacturing process at Boeing's 737 airplane factory in Renton, Washington May 19, 2015. (REUTERS/SAUL LOEB) ...