Business

Tokyo stocks hit by Abe worries, with most Asia markets down. Tokyo led losses across most Asian markets on Monday as Japanese Prime Minister Shinzo Abe’s political future hangs in the balance over a cronyism scandal,...

This market center to operate under the name of “Mercabal” will for the moment, only have clients from the non-agricultural cooperatives, explained the Domestic Trade Minister, Mary Blanca Ortega. The Cuban government opened on Saturday in...

The acquisition of Donskoy Tabak will be completed later this year. Japan Tobacco has agreed to buy Donskoy Tabak, Russia’s fourth-largest cigarette maker, for $1.6 billion (90 billion roubles) in a bid to reinforce its leading...

Lundbeck develops and distributes drugs for the neurological and psychological disease. Lundbeck agreed to buy Prexton Therapeutics, a specialist in treatments for brain disorders, in a deal potentially worth $1.1 billion, the Danish drugmaker said on...

The world’s largest heavy-duty equipment maker emerged last year from the longest downturn in its history. Caterpillar Inc will close two facilities in Texas and Panama and is also considering shutting its engine manufacturing plant in...

Li Ka-Shing was knighted by the Queen Elizabeth II. Asia’s second-richest person, Hong Kong’s Li Ka-Shing, is retiring from leading his business empire. Mr Li, aged 89, whose wealth has been put at $35.3bn (£25.3bn) by Forbes,...

Under the new policy, the company will ban ads for unregulated or speculative financial products like binary options, cryptocurrency, and financial spread betting among others. Alphabet Inc’s Google said on Wednesday it will ban advertisements for...

Internet retailers and brick-and-mortar chains in Mexico are investing heavily in e-commerce as the sector gains in popularity, although it is still a small fraction of total retail sales. Amazon.com Inc launched its first-ever debit card...

Walmart said on Wednesday the service would be rolled out to more than 40 percent of U.S. households by the end of the year. Walmart Inc will expand its grocery home delivery services to more than...

Adidas said late on Tuesday it plans to buy back up to 3 billion euros ($3.7 billion) of its shares, or almost 9 percent of its share capital, by 2021 on top of a higher-than-expected 2017...