businesspick

Oil prices drifted lower on Thursday after gaining more than $1 in the previous session, as concerns over supply disruptions eased and markets looked for evidence of improving fuel demand. …

SoftBank Group Corp (9984.T) said on Wednesday it would book a gain of $34.1 billion by cutting its stake in Alibaba Group Holding (9988.HK), as the investment behemoth looks to …

Malaysia Airlines is poised to announce a deal next Monday to acquire 20 Airbus (AIR.PA) A330neo wide-body jets, industry sources said on Wednesday. Chief Executive Izham Ismail said in June …

Expectations for activity in Britain’s housing market have dried up quickly thanks to a worsening economic outlook and rising interest rates, an industry survey showed on Thursday. The Royal Institution …

Elon Musk has sold nearly $7 billion worth of Tesla shares, according to legal filings, amid a high-stakes court battle with Twitter over a $44 billion buyout deal. The billionaire …

Germany will offer tax relief worth 10 billion euros to help workers cope with soaring inflation, Finance Minister Christian Lindner said Wednesday. The package will raise base tax-free allowance as …

Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoiding the US dollar and cutting the risk of …

The Nigerian Railway Corporation (NRC) says it has reduced the number of trips on the Lagos-Ibadan train service due to the hike in the price of automotive gas oil, better …

Oil prices settled slightly lower on Tuesday after a see-saw session as worries that a slowing economy could cut demand vied with news that some oil exports had been suspended …

Dubai’s biggest bank Emirates NBD (ENBD.DU) has given most employees a pay rise of up to 8 per cent to help cushion against rising costs of living driven by inflation, …