Business

Nevada lawmakers on Wednesday will consider controversial tax breaks estimated at up to $1.3 billion for Tesla Motors Inc (TSLA.O) to build its $5 billion battery factory in the state. Assembly Speaker Marilyn Kirkpatrick promised scrutiny of the legislation, which...

Alibaba Group Holding Ltd has received enough orders for its record-breaking initial public offering to cover the entire deal within just two days of its launch, people familiar with the IPO process said on Wednesday. There was no indication as...

A robust dollar swept to a 14-month high on Tuesday as investors tweaked bets on an early hike in U.S. interest rates, burdening oil, gold and stocks in the energy majors. As the dollar broke to a six-year peak on...

Home Depot Inc confirmed on Monday its payment security systems have been breached, a data theft analysts warn could rival Target Corp's massive breach last year. Home Depot said the data theft could impact its customers in stores across the...

It has been four years since Apple Inc (AAPL.O) introduced a completely new gadget and the pressure is on for the world's largest tech company to wow at its "special event" in Cupertino, California, on Tuesday. Apple has fed the...

A U.S. anti-bribery probe into GlaxoSmithKline Plc (GSK.L) touched on the firm's Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker's compliance problems in China could go wider than previously revealed. GSK confirmed it had conducted an...

Morgan Stanley (MS.N) has agreed to pay $95 million to resolve a lawsuit accusing the Wall Street bank of misleading investors in mortgage-backed securities in the run up to the 2008 financial crisis. The settlement, disclosed in court papers filed...

Sovereign fund Investment Corp of Dubai (ICD) has bought a 1.4 percent stake in Dangote Cement, Nigeria's biggest company by market capitalisation, for $300 million, a Dangote spokesman said on Monday. Dangote Cement spokesman Carl Franklin confirmed the sale, but...

SAN FRANCISCO, September 07, (THEWILL) – The Management of Dansa Foods Limited and Bulk Pack Services Limited, companies owned by Alhaji Sani Dangote, over the weekend, assured customers and other vendors of stability in its operations despite last week’s court...

Philadelphia Federal Reserve Bank President Charles Plosser, the loan dissenter at the Fed's July policy meeting, on Saturday continued his push for the U.S. central bank to change its language on monetary policy to reflect an improving economy and...