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New bitcoin futures suggest breakneck price gains to slow

By Saqib Iqbal Ahmed, Jemima Kelly and Gertrude Chavez-Dreyfuss | Video

Recent Business News

Apple confirms deal to buy music discovery app Shazam

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.

Tech, Music 12:56pm EST

UBS leads blockchain data reporting pilot ahead of new EU rules

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.

11:37am EST

Zurich Insurance to buy ANZ's life insurance businesses for $2.14 billion

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.

2:17pm EST

Uber's London license appeal to be heard next year

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

11:30am EST

VW sees 4-5 billion euros in outflows in 2018 due to dieselgate

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.

10:18am EST

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