Business / World Business

Portugal’s goverment approves long-term budget plan, sees lower deficit 21 Apr 2016 - 05:45 pm

A woman begs for money near ATM machines at a Novo Banco branch in downtown Lisbon, Portugal, April 21, 2016. REUTERS/Rafael Marchante By...

Coke's namesake soda sees declines in key countries 21 Apr 2016 - 05:28 pm

ATLANTA: Coca-Cola saw the popularity of its namesake sodas decline in key markets around the world during the first quarter. The world's biggest...

UK unveils financial support plan for Tata Steel buyer 21 Apr 2016 - 05:20 pm

A company logo is seen outside the Tata steelworks near Rotherham in Britain, March 30, 2016. REUTERS/Phil Noble/Files London: The British government on...

Alibaba's Ma pledges not to interfere in SCMP editorial independence 21 Apr 2016 - 10:31 am

Alibaba Executive Chairman Jack Ma attends the opening ceremony of the second annual World Internet Conference in Wuzhen town of Jiaxing, Zhejiang province,...

Japan officials raid Mitsubishi office after data scandal 21 Apr 2016 - 08:26 am

Transport ministry officials arrive at Mitsubishi Motors Corp's plant for an on-site inspection after the company admitted to manipulating test data to overstate...

These are the highest-paying companies in the US 21 Apr 2016 - 12:00 am

By Julie Verhage Making six figures a year is still a lot easier if you work at a technology or consulting company than...

US stocks flat as Intel cuts 12,000 jobs 20 Apr 2016 - 04:33 pm

New York: Shares of chipmaker Intel edged up Wednesday after it announced plans to cut 12,000 jobs, while US stocks opened little changed...

McDonald's testing bigger, smaller Big Macs 20 Apr 2016 - 02:15 pm

NEW YORK: McDonald's is testing bigger and smaller versions of its Big Mac as the world's biggest hamburger chain pushes to revive its...

INTERVIEW-Ukraine central bank gets tough with owners of private banks 20 Apr 2016 - 02:08 pm

Kateryna Rozhkova By Natalia Zinets KIEV: Ukraine will closely track assets belonging to owners of banks to stop the offering of sweetheart loans...

Automaker Mitsubishi admits falsifying fuel-efficiency tests 20 Apr 2016 - 01:21 pm

Mitsubishi Motors Corp's President Tetsuro Aikawa bows as he leaves a news conference to brief about issues of misconduct in fuel economy tests...

Automaker Mitsubishi dives 15% on faulty emission tests 20 Apr 2016 - 09:59 am

Mitsubishi Motors logo on a steering wheel of the company's car at a showroom in Tokyo November 2013. REUTERS/Issei Kato/File Photo Tokyo: Mitsubishi...

Australia to defer decision on China land deal until after election 20 Apr 2016 - 08:45 am

File picture for representation only. By Colin Packham SYDNEY: The Australian government is deferring until after an upcoming federal election a politically sensitive...

UnitedHealth Group to exit Affordable Care exchanges in all but a 'handful' of states 19 Apr 2016 - 06:33 pm

Source: UnitedHealth UnitedHealth, the nation's biggest health insurer, will cut its participation in public health insurance exchanges to only a handful of states...

Verizon a leading contender to buy Yahoo 19 Apr 2016 - 02:45 pm

Yahoo CEO Marissa Mayer. REUTERS/Robert Galbraith San Francisco: US telecoms giant Verizon has emerged as a leading contender to take over struggling Internet...

Verizon a leading contender to buy Yahoo: reports 19 Apr 2016 - 12:59 pm

File picture of a Verizon building in New York. Reuters San Francisco: US telecoms giant Verizon has emerged as a leading contender to...

Brussels mulls more flexibility on state aid to steel sector 19 Apr 2016 - 11:53 am

Frankfurt: The EU's internal market and industry commissioner suggested in a newspaper interview Tuesday that Brussels could soften the rules on state aid...

Yahoo to report earnings while wooing bidders 19 Apr 2016 - 09:47 am

A Yahoo logo is pictured in front of a building in Rolle, 30 km east of Geneva, December 12, 2012. REUTERS/DENIS BALIBOUSE/FILES San...

Alibaba financial affiliate valued at $60 bn: reports 18 Apr 2016 - 02:46 pm

Beijing: China's top internet finance company, e-commerce giant Alibaba's affiliate Ant Financial, could start the process of going public this year, reports said...