Recent Business News
SAN FRANSICO Apple Inc on Monday confirmed it had reached a deal to acquire Shazam Entertainment Ltd, the U.K.-based app that lets users identify songs by pointing a smart phone at the audio source.
ZURICH/NEW YORK Financial companies led by Swiss bank UBS are testing a blockchain platform to help them comply with new European Union trade data standards due to come into force next year.
ZURICH Zurich Insurance has agreed to buy ANZ's OnePath Life insurance businesses for 2.85 billion Australian dollars ($2.14 billion), the latest and largest foray by the Swiss company into the Australian market.
LONDON Uber [UBER.UL] will defend its right to operate in London in court next year after the app was deemed unfit to run a taxi service and stripped of its license in its most important European market. | Video
WOLFSBURG, Germany Volkswagen expects cash outflows of 4-5 billion euros ($4.7-5.9 billion) next year in relation to the dieselgate emissions cheating scandal, the carmaker's Chief Financial Officer Frank Witter told journalists on Monday.
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