According to the chief of a leading U.K. fund manager, elements reminiscent of the takeover of Britain's failing HBOS by fellow U.K. bank Lloyds in 2009 can be seen to be prevailing  in Santander's takeover of struggling Spanish banking peer Banco Popular.   Martin Gilbert, chief...

The manner in which competitive tensions among Silicon Valley titans can stand in the way of serving customers was showed by a deal that brings Amazon Prime Video to Apple TV which was announced on Monday at Apple Inc's developer conference after years of talk between the two companies.  ...

Even as British Prime Minister Theresa May raised the specter of imposing new regulations to restrict the dissemination of extremist content, while pledging to "aggressively remove terrorist content" from its platform, Facebook condemned Saturday’s deadly London attacks.   In order to...

On the issue of shopping service, Alphabet unit Google is probably going to be slapped by a hefty fine by EU antitrust regulators even before the summer break in August, reported news agency Reuters citing information from two people who were familiar with the matter.   This sets the stage...

Driven by the fact that more customers visited the discount retailer and its e-commerce push boosted online purchases, Wal-Mart Stores Inc on Thursday reported higher-than-expected quarterly sales at established U.S. stores.   Consequently, the world’s largest retailing company saw shares...

With the aim of becoming the global leader in a part of the market growing faster than the average, Dutch brewer Heineken has launched a non-alcoholic version of its namesake beer.   The world's second largest beer maker will sell the product in 17 markets, across Europe and also Russia and...

The company is "very supportive" of the North American Free Trade Agreement (NAFTA) that U.S President Donald Trump has threatened to ditch, said General Electric (GE.N) on Friday as the company praised Mexico as a big part of its future in the same comment.   Mexico as an investment...

Due to the weighing down of the Persian Gulf economies because of the drastic fall in the global price of crude oil since the last few years and as people have been more discouraged from travelling due to terrorist attacks, Emirates Group, operator of the world’s biggest long-haul airline, posted...

Betting big on the world’s most colorful retail market as it pushes forward with an aggressive overseas expansion is a Japanese retailer famous for minimalist products and no-logo branding.   Satoru Matsuzaki, president of Muji-owner Ryohin Keikaku Co., said in an interview in New Delhi,...

Even as German car maker Volkswagen battles to overcome its emissions scandal, by making use of strategies such as pushing for cost savings, stemming overseas losses and launching more higher-margin cars, the carmaker is targeting fixed productivity gains at its troubled core division through 2020....

In what is being described the iPhone maker's latest effort to show how it is creating U.S. jobs, Apple Inc announced plans to create a $1 billion fund to invest in U.S. companies that perform advanced manufacturing, its Chief Executive Officer Tim Cook said.   Cook said during a...