Business

Global trading houses and banks are scrambling to check on their exposure to a probe into metal financing at China's Qingdao port, as concern grows that a crackdown on commodity financing could hit trade in the world's top metal...

Microblogging platform Twitter Inc has been in talks with Berlin-based audio sharing website SoundCloud in its efforts to add a music service to its offering, the Financial Times reported citing people familiar with the matter. Twitter has weighed up deals...

Sprint Corp S.N has agreed to pay about $40 per share to buy T-Mobile US Inc, a person familiar with the matter said, marking further progress in the attempt to merge the third and fourth-biggest U.S. mobile network operators. The...

Turkey has lifted its ban on YouTube, two months after blocking access to the video-sharing site. The move comes after the country's highest court ordered authorities to restore access, saying the ban violated laws on freedom of expression. The ban was...

Chinese state media lashed out at Google Inc, Apple Inc and other U.S. technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the U.S. government for monitoring China and stealing secrets. U.S. companies such as Yahoo...

When Walmart pledged last year to buy an extra $250 billion in U.S.-made goods over the next decade, it appeared to be just what was needed to help move America's putative manufacturing renaissance from rhetoric to reality. But suppliers trying...

Japan's Dai-ichi Life Insurance Co has agreed to buy U.S. peer Protective Life for $5.7 billion, the largest acquisition by a Japanese insurer, displaying its determination to grow overseas to counter weak prospects at home. Dai-ichi Life, Japan's second-largest private-sector...

Apple has taken on Dropbox and WhatsApp with a series of software upgrades that mimic the rival apps' services. At its annual conference for software developers, the firm unveiled iCloud Drive, an internet-based storage app, which works on Apple systems...

U.S. manufacturing activity accelerated in May and construction spending rose for a third straight month in April, suggesting economic growth was regaining steam in the second quarter. The economy sank in the first quarter under the weight of a brutally...

Euro zone price inflation fell unexpectedly in May, increasing the risks of deflation in the currency area and all-but sealing the case for the European Central Bank to act this week. Annual consumer inflation in the 18 countries sharing the...