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Business

Business

Internet giant Yahoo is closing its China office as part of a worldwide consolidation aimed at cutting costs. The Beijing research centre is Yahoo's...

Electric car maker Tesla will be allowed to sell its vehicles in the US state of New Jersey, after a ban on direct-to-consumer sales...

LONDON — When Rohini Anand took over diversity programs at multinational catering company Sodexo in 2002, she had one goal: To prove that it...

Ikea is to close down an online magazine in Russia over fears it could flout the country's law banning the promotion of gay values...

US food giant Heinz is to merge with Kraft Foods Group, creating what the companies say will be the third-largest food and beverage company...

Swedish fashion retailer Hennes & Mauritz (H&M) has said "strong" store and online expansion led to improved sales and profits in the first quarter....

Netflix's decision expand to Cuba is unlikely to turn a profit for the company anytime soon and may have been premature, analysts say. The...

NEW YORK — Many of the world's most revered designers create their fashions in New York City. But often those designs are manufactured overseas to...

Egypt's new administrative and business city, on the outskirts of Cairo, has been revealed on a new website. It says the city will house...

JOHANNESBURG— Investors focused on Africa say Nigeria offers huge opportunities, but also huge challenges. The continent’s most populous nation is dogged by a deadly...