Iran on Saturday presented a new model for oil contracts it could offer to foreign oil firms as it seeks to attract Western investors ahead of an end to sanctions.
The government of the Netherlands said Friday it would appeal last month’s decision by the European Union that its tax ruling with Starbucks amounts to illegal state aid.
Brazil’s government plans to sue mining giants Vale SA, BHP Billiton Ltd. and their joint venture Samarco Mineração SA for $5.3 billion in response to a catastrophic dam failure earlier this month, officials said.
Ford Motor Co. is ditching its “Friends & Neighbors” sales campaign after the insider-pricing promotion failed to live up to expectations.
Toshiba Corp. said it is considering selling part of its semiconductor business to raise financing in response to a drawn-out accounting scandal.
The company approved a $1.9 billion bauxite project in northeastern Australia, bucking a trend among resources majors that have largely iced new mines.
Japanese Prime Minister Shinzo Abe said he would increase spending on social programs and raise the minimum wage as he tries to jump-start the flagging economy.
Home prices continue to climb, but the U.S. government is keeping a lid on the size limit for federally backed mortgages, posing problems for home buyers in many pricey markets.
The lights aren’t burning so late at some of Japan’s workplaces, as more and more workers trade in notoriously long hours at the office for flexible workdays and telecommuting.
Mexico’s Petróleos Mexicanos has lost its prized status as a state monopoly, but the firm is using the opportunity to leverage its considerable assets to generate fresh sources of income from competitors.
The U.S. auto industry likely shrugged off calendar curveballs in November to post its third-consecutive annual sales rate above 18 million units, suggesting the car business is at the strongest level since at least 2001.
A federal bankruptcy judge formally ruled that TelexFree ran a vast pyramid scheme that ensnared investors around the world, a finding that has been widely anticipated since the company collapsed into chapter 11 protection last year.
Chinese nationals are the top foreign buyers of U.S. homes, but in recent weeks they have started to pull back, scared off by their country’s stock slump and weakening economy.
Millions of Americans left their Thanksgiving meals to hit stores across the country in an annual shopping ritual, but the crowds on early Black Friday morning were thinner than years past at some malls and shopping districts.
Samsung BioLogics said it would construct a new facility in South Korea that will double its production capacity and make it the world’s largest contract drug maker.
Some of Wall Street’s most aggressive investors are taking on a gentler role: friend to companies in transition.
The biggest banks in the U.S. are making far fewer loans to small businesses than they did a decade ago, ceding market share to alternative lenders that charge significantly higher rates.
JetBlue Airways has devised a pilot-training program for novice fliers, seeking to demonstrate to regulators that students can attain proficiency more quickly than current rules allow.
China’s SZ DJI Technology is setting its sights on the agriculture industry with the launch of a crop sprayer that will test whether farming is fertile ground for drone technology.
London-based hedge fund Ledbury Capital Partners has filed a legal injunction attempting to halt French oil explorer Maurel & Prom’s $700 million takeover of MPI, a holding company to which it has close links.
Deutsche Lufthansa reached an agreement with trade union Verdi on the wages and pensions of around 33,000 ground crew and other personnel.
International Business Machines Corp. said a proprietary program known as System ML would be freely available to share and modify through the Apache Software Foundation.
A possible tax on drinks with added sugar threatens to compound woes for beverage companies already wrestling with a slowdown in Southeast Asia’s largest economy.
Wal-Mart Stores Inc.’s website malfunctioned during the Thanksgiving shopping rush Thursday morning, throwing a wrench in some shoppers’ plans to avoid long lines by grabbing deals online.
A ship owned by the world’s largest dredging company, CCCC Dredging, was seen in surveillance photos of the disputed Spratly Islands.
Anticipation is rising among blacklisted Myanmar companies and American business groups that the U.S. will ease economic sanctions, following positive reviews from Washington of recent elections.
Big retailers like Nordstrom and Williams-Sonoma are turning to small artisans this holiday season in an effort to try to stand apart from rivals and draw new shoppers with locally made, handcrafted items.
Christmas markets across Europe are seeing a decline in attendance amid security fears following the Paris attacks.
Engines from Volkswagen’s luxury brand Audi have been implicated in the German car maker’s emissions crisis, leading the unit to suspend two engineers suspected of rigging engines to cheat emissions tests.
Chesapeake CEO Doug Lawler has spent the past two years trying to turn around an icon of the U.S. energy boom in turmoil financially, operationally and culturally.