Business

Lifting oil export ban would spark U.S. economy: IHS

(Reuters) - In one of the most optimistic assessments about unlocking U.S. crude exports, the IHS report said gasoline prices…

S&P 500 ends at record on mergers, ECB; small caps rise

(Reuters) - ECB chief Mario Draghi said on Monday the bank must be "particularly watchful" for any negative price spiral…

Latest military coup bad for Thailand economy

The latest military coup is bad for Thailand's economy, with the  possibility of violence warding off potential investors, according to…

Hackers raid eBay in historic breach, access 145 million records

BOSTON (Reuters) - EBay Inc said that hackers raided its network three months ago, accessing some 145 million user records in what…

Trade ministers meet in Singapore for Trans-Pacific partnership talks

Trade ministers resumed talks aimed at creating a 12-nation trade pact in the Asian-Pacific region, as the U.S. and Japan…

Credit Suisse escapes worst as it pleads guilty to U.S. charges

  (Reuters) - Credit Suisse on Monday became the largest bank in 20 years to plead guilty to a U.S.…

AstraZeneca rejects Pfizer’s take-it-or-leave-it offer

(Reuters) - Britain's AstraZeneca on Monday rejected a sweetened and "final" offer from Pfizer, undermining the U.S. drugmaker's plan for…

AT&T makes bet on video with $48.5 billion DirecTV bid

(Reuters) - AT&T Inc plans to pay $48.5 billion to buy DirecTV, in the latest sign that the wireless industry and the…

Japan March machinery orders soar, tax hike pain seen temporary

(Reuters) - The record 19.1 percent month-on-month rise in core orders, a leading indicator of capital spending in the coming…

Kingdom Tower will soon be the world’s tallest building

[youtube id="UII3ALDrUYw"] The Kingdom Tower in Saudi Arabia, which will be the world’s tallest tower at 3,280 feet, is set…

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