Business

The Japanese owner of 7-Eleven has signed a non-disclosure agreement to advance talks with Canada’s Alimentation Couche-Tard — which wants to buy its convenience store rival — the companies said Thursday. Seven & i, the parent...

Technology giant Microsoft posted robust quarterly results on Wednesday, with revenue rising 13 percent to $70.1 billion, powered by a strong performance in its cloud computing and artificial intelligence businesses. The results, which solidly beat analyst...

Spain’s competition watchdog on Wednesday approved Spanish banking giant BBVA’s long-stalled hostile takeover bid for smaller rival Sabadell, bringing the creation of a new sector colossus a step closer. The CNMC said the proposed transaction presented...

Tech giant Meta on Wednesday reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth. The company reported a $16.6 billion...

As Beijing battles an escalating trade war with the United States, official statistics released Wednesday indicated that China’s industrial activity decreased in April after expanding at its fastest rate in a year the month before. Beijing...

The package delivery behemoth UPS announced on Tuesday that it would lay off 20,000 employees globally by 2025 as a result of a sharp decline in sales for its biggest client, Amazon. In an earnings news...

Tokyo’s tariffs envoy departed Wednesday for a second round of negotiations in Washington, where Japan could offer concessions such as tweaking vehicle import procedures to secure relief from Donald Trump’s trade levies. Ryosei Akazawa may also...

In a significant move to increase the availability of satellite-based internet services in Bangladesh, Starlink has been given licenses by the Bangladesh Telecommunication Regulatory Commission (BTRC). After Chief Adviser Professor Muhammad Yunus gave his consent on...

Banking giant HSBC said on Tuesday that its profit in the first quarter dropped to $9.5 billion before tax, while its CEO warned of uncertainty in a global economy jolted by sweeping US tariffs. The pre-tax...

German sportswear giant Adidas on Tuesday warned that US President Donald Trump’s tariffs will increase prices for its products in the United States, and the hardline trade policies could dent its ongoing recovery. The firm makes...