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Yahoo to change name and slash board if Verizon deal agreed

Tech giant Yahoo is to adopt a new corporate identity and slash the size of its board if the proposed US$4.8bn sale of its...

US stocks close mostly lower as oil prices slide

WikiLeaks founder Julian Assange has denounced last week's US intelligence report on Russian hacking, calling it a politically-motivated "press release" that provided no evidence. In...

US stock indexes rise as car makers and retailers prosper

US stocks have climbed as investors bought shares of companies focused on consumers, including car makers and retailers. The Standard & Poor's 500 index finished...

UK market closes at all-time high

The London market has closed at an all-time high after the traditional Santa rally boosted blue-chip stocks in the first trading session since the...

Ikea reaches ‘tentative settlement’ over fatal furniture falls

Swedish home furnishing giant Ikea said it has reached a "tentative settlement" in a case involving three families in the US whose children died...

Uber pulls self-driving cars from California roads

Uber has withdrawn its self-driving cars from California roads after state regulators moved to revoke their registrations. The move comes after a week of talks...

Banks struggle amid State bailout fears for Italian lender BMPS

European banks struggled to make gains on Thursday as investors digested the prospect of a state bailout for struggling Italian lender Banca Monte dei...

Christine Lagarde remains IMF chief despite negligence conviction

Christine Lagarde will remain head of the International Monetary Fund despite being convicted of negligence in a case dating to her tenure as France's...

BP signs oil deal with Abu Dhabi worth $2.22bn

Oil giant BP PLC has agreed to an onshore oil deal with Abu Dhabi worth $2.22 billion following years of negotiations. The deal - signed...

Paint thinner found in gravy granules at Lidl in the UK

Unsafe levels of a paint thinner chemical have been discovered in batches of gravy in the UK just one week before families sit down...

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