businessNews

NEW DELHI (Reuters) – India’s Defence Acquisition Council on Thursday cleared the purchase of six more Boeing Co Apache helicopters in a deal worth 42 billion rupees ($654.6 million), a defense ministry official said.

WASHINGTON (Reuters) – The number of Americans filing for unemployment benefits fell to near a six-month low last week, pointing to a further tightening in the labor market that could encourage the Federal Reserve to lay out a plan to start unwinding i…

HONG KONG/BEIJING (Reuters) – CEFC China Energy, which has grown from a niche oil trader to a sprawling energy conglomerate, is in talks to acquire a stake in Russian state oil giant Rosneft , three people with direct knowledge of the discussions said….

(Reuters) – U.S. stock index futures were lower on Thursday, a day after the release of minutes from the Federal Reserve’s meeting showed policymakers appeared wary about weak inflation, muddying the path of future interest rate hikes.

(Reuters) – The Wisconsin State Assembly on Thursday will consider a $3 billion incentive package for a proposed liquid-crystal display factory by Taiwan’s Foxconn, the first vote on the deal by a chamber of the state’s Republican-controlled legislatur…

(Reuters) – Alibaba, China’s top e-commerce firm, beat analyst’s estimates with a 56 percent rise in first-quarter revenue, driven by growth in online sales which make up most of its business.

CHICAGO (Reuters) – Wal-Mart Stores Inc on Thursday reported lower quarterly margins after it cut prices and invested heavily on expanding its e-commerce operations, and its shares fell nearly 3 percent.

(Reuters) – Apple Inc (AAPL.O) CEO Tim Cook has joined a chorus of business leaders who have voiced their opposition to President Donald Trump after he blamed white nationalists and anti-racism activists equally for violence in Virginia over the weeken…

LONDON (Reuters) – Efforts by the United States government to loosen regulations on banks are “dangerous and extremely short-sighted”, one of the U.S. central bank’s top policymakers said in an interview with the Financial Times published late on Wedne…

(Reuters) – The energy unit of Warren Buffett’s Berkshire Hathaway Inc said on Wednesday it will “stand firm” on its $9 billion offer to acquire 80 percent of Oncor Electric Delivery Company LLC and will not increase its offer.

LONDON (Reuters) – European stocks and bond yields fell in early trade on Thursday after the Federal Reserve expressed concern over weak U.S. inflation, a trend which has clouded the outlook for the world’s largest economy.

(This Aug. 14 story has been corrected to clarify the judge’s decision.)

(Reuters) – Union Pacific Corp said on Wednesday it will cut roughly 500 management jobs and 250 railroad workers by mid-September as the No. 1 U.S. railroad continues broader cost-cutting.

(Reuters) – Union Pacific Corp said on Wednesday it will cut roughly 500 management jobs and 250 railroad workers by mid-September as the No. 1 U.S. railroad continues broader cost-cutting.

(Reuters) – Cisco Systems Inc’s quarterly revenue in its closely-watched security business missed analysts’ estimates, raising concerns about the world’s largest networking gear maker’s efforts to transform into a software-focused company.