Business

As of October 31, Canada's six largest banks had C $ 70.4 billion ($ 55.5 billion) more Tier 1 equity capital than regulators required. Capital CET1 is a pantry of securities designed to ser...

LONDON / MOSCOW (Reuters) - OPEC and its allies, led by Russia, are ready to adjust their plans to gradually increase oil production by 2 million barrels per day in the coming months, depend...

Apple on Tuesday threatened to remove apps from its widely used App Store if they do not comply with a future private feature that allows users to block advertisers from tracking them in var...

AAX said it faces severe constraints on financial commitments, and since no return to normalcy is foreseen, "an imminent default on contractual obligations will accelerate the airline's pote...

Brazil’s state-controlled oil company Petroleo Brasileiro SA said on Tuesday it had ended its activities in Africa after closing the sale of a 50% stake in Petrobras Oil & Gas BV, which hold...

Resolute Mining Ltd. said on Wednesday it will sell its Ravenswood Gold mine for up to A$300 million ($207 million) to a consortium led by resource-focused private equity firm EMR Capital.

Great Wall Motor has agreed to buy General Motors’ car plant in India, the companies said on Friday, as the Chinese automaker expands overseas amid slowing domestic demand.

Lebanon’s Bank Audi said on Thursday it was in exclusive negotations with First Abu Dhabi Bank FAB.AD to sell its Egyptian unit in a move aimed at boosting its liquidity and financial resili...

Saudi Telecom Co., the kingdom’s biggest telecom operator, has struck a preliminary deal to buy Vodafone Group’s 55% stake in Vodafone Egypt for $2.4 billion, as it seeks growth in the Arab...

Auto lender Ally Financial Inc on Tuesday agreed to acquire privately held CardWorks for $2.65 billion as it looks to diversify its consumer product offerings, supported by a growing and low...