Author: Reuters

Billionaire Vincent Bollore, Vivendi’s number one controlling shareholder, will leave the media giant’s board in April in a sign that he is further withdrawing from his businesses, the Paris-based company said on...

Amazon.com Inc said Thursday it will not move forward with plans to build a headquarters in New York after rising opposition from local...

U.S. stocks fell on Thursday, led by declines in consumer and bank shares, after bleak retail data fanned concerns about retailer earnings and led to increased bets of interest rate cuts, with losses capped by optimism over...

South African President Cyril Ramaphosa said his plan to divide struggling state power firm Eskom into three units would minimize risks to the economy, as a fifth day of power cuts hurt businesses and drove the rand to a...

Mexican state oil firm Pemex will make all its debt payments, President Andres Manuel Lopez Obrador said on Thursday, promising to shore up its finances after Moody’s and Fitch downgraded the firm’s credit rating to...