ALGIERS OPEC agreed on Wednesday modest oil output cuts in the first such deal since 2008, with the group's leader Saudi Arabia softening its stance on arch-rival Iran amid mounting pressure from low oil prices. | Video
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SEOUL Samsung Electronics Co Ltd said on Thursday it expects to have recovered more than 80 percent of recalled Galaxy Note 7 smartphones sold in South Korea by Oct. 1, when the firm plans to resume sales of the device in its home market.
Apple Inc and Deloitte LLP announced a partnership on Wednesday in which the consultant will open a new practice to help corporate clients work with Apple products, the tech firm's latest attempt to boost enterprise sales as its key product, the iPhone, shows signs of maturation.
NEW YORK Maurice "Hank" Greenberg, the 91-year-old former chairman of former American International Group Inc , said at his fraud trial that he never would have considered doing a transaction that failed to pass muster with the insurer’s lawyers and accountants.
NEW YORK Citigroup Inc on Wednesday became the last of the big U.S. banks to agree to allow customers to send instant payments by mobile phone over an industry network that is competing with upstart Venmo.
SEOUL South Korean prosecutors are considering submitting a second request for an arrest warrant for Lotte Group chairman Shin Dong-bin, after their first request was rejected by a Seoul court, wire service Yonhap reported on Thursday.