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China stocks suffer mauling, Fed leaves dollar in a daze

LONDON The dollar was on the defensive Thursday, a day after its worst drubbing in five months, as the biggest slump in Chinese stocks in almost two years took the shine off another record high in a global equities bull run. | Video

Recent Business News

Broadcom considering sweetened Qualcomm bid: sources

Chipmaker Broadcom Ltd is considering raising its offer to buy rival Qualcomm Inc by offering more of its own stock, following consultation with several of Qualcomm's top shareholders, according to people familiar with the matter.

Nov 22 2017

Tesla cranks up big battery in Australia

MELBOURNE Tesla Inc has completed construction of the world's largest lithium ion battery in Australia, putting it on track to meet a 100-day deadline for switching the battery packs on, the South Australian government said on Thursday.

2:06am EST

Lyft raises another $500 million in additional round of funding

The additional funding round, led by Alphabet Inc's CapitalG, is an extension of the $1 billion round announced in October.

6:04am EST

How 'princess' of Angola lost her oil crown

LUANDA/LONDON On Oct. 6, with the dust still settling on Angola's first change of power in 38 years, new President João Lourenço sat down with international oil majors at the presidential palace in Luanda.

7:26am EST

Airbus CEO questioned in Kazakh deal investigation: reports

PARIS French anti-corruption investigators questioned Airbus Chief Executive Tom Enders and three other company executives as witnesses in an investigation centered on the sale of satellites to Kazakhstan in 2010, according to media reports on Thursday.

9:05am EST


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