Business

China's Alibaba Group is seeking to raise up to $24.3 billion in its upcoming IPO, an amount that would be the most ever raised by a company heading into its stock market debut. The e-commerce company is hoping to sell...

Sprint Corp said on Friday it was adding 15 new rural and regional wireless providers to its U.S. roaming program, a move bolstering the company's efforts to cheaply expand its footprint as it fights to stay competitive as a...

Family Dollar Stores Inc rejected Dollar General Corp's sweetened takeover bid, saying the offer still did not address antitrust concerns, raising the prospect that the No. 1 U.S. deep discount chain will go "hostile" with its offer. Dollar General raised...

After a recent flurry of economic data pointed to a strengthening economy, nonfarm payrolls for August were well below expectations, throwing cold water on the possibility that the Fed might speed up plans to hike interests at its next...

Ford Motor Co will recall 191,770 cars in China from Friday to replace some parts after a quality watchdog found a fuel leak risk in the Ford Focus, the country's best-selling compact sedan. Ford's Chinese venture Changan Ford Automobile Co...

Nigeria's Access Bank has been meeting with domestic investors over the past week to gauge interest in a possible rights issue of 60-70 billion naira ($369-$431 million) by the fourth quarter, a fund manager and a banking source with...

Investigators working on the cyber attack at JPMorgan Chase & Co have found clues that a global network of computers available for hire was used to send the stolen data to a Russian city, Bloomberg reported, citing people familiar...

An Italian court upheld a ruling by a U.S. court for dairy group Parmalat (PLT.MI) to pay Citibank (C.N) $431 million in damages in a case relating to the Italian company's 2003 bankruptcy, lawyers for the U.S. bank said...

European planemaker Airbus (AIR.PA) said on Thursday that it won 1,001 gross plane orders in the first eight months of the year. Taking cancellations into account, net orders totaled 722 aircraft through August. Airbus added that it delivered 389 planes in...

Workers decommissioning Japan's crippled Fukushima nuclear plant have sued its operator Tokyo Electric (Tepco) over unpaid hazard wages. The four men are demanding about 65m yen (£375,000; $620,000) in extra pay. They claim the compensation for removing contaminated debris and patrolling...