Business

Brazilian prices rose in July, but the annual inflation rate of 2.71 percent was the lowest for 18 years, the government statistics office said Wednesday. This was good news for consumers in Latin America’s biggest economy, which is inching out

Google’s Belgian unit faces a tax probe, a report said Wednesday, after the US internet giant had to cough up hundreds of millions of euros in back taxes in Britain and Italy. Many US and other multinational companies channel their

Silicon Valley giant Intel on Wednesday announced plans for a fleet of self-driving cars following its completion of the purchase of Israeli autonomous technology firm Mobileye. A day after closing the $15 billion deal to buy Mobileye, which specializes in

Walt Disney Co paid $177 million, in addition to insurance recoveries, to settle the closely watched “pink slime” defamation case against its ABC network by Beef Products Inc., a quarterly financial report shows. Privately-held BPI sued American Broadcasting Company (ABC)

People walk past an electronic board showing Japan’s Nikkei average outside a brokerage at a business district in Tokyo, Japan August 9, 2017. PHOTO: Reuters TOKYO: Asian shares and US stock futures slipped on Wednesday and investors piled into havens

Walt Disney Co. said Tuesday it is launching two new streaming television services including one for its ESPN-branded sports channel, while ending its deal with Netflix as it shifts towards direct content distribution. The media-entertainment giant called the move “a

ABU DHABI: Global oil producers said Tuesday they remained committed to cutting output and stemming the collapse in oil prices, the Organization of the Petroleum Exporting Countries (OPEC) said. A technical panel including members of the Saudi-led cartel and other

Wearable device maker Fitbit Inc reported a smaller-than-expected drop in quarterly revenue on Wednesday, and said it was on track to launch its much-awaited smartwatch for the holiday season. Shares of Fitbit – which sells colorful wristbands that monitor heartrate,

A gas station attendant pumps fuel into a customer’s car at PetroChina’s petrol station in Beijing, China, March 21, 2016. REUTERS/Kim Kyung-Hoon/Files SINGAPORE: Oil dipped on Thursday as a rally that has pushed up prices by almost 10 percent since

Amazon.com Inc is quickly ramping up the billions of dollars a year it spends on creating and licensing TV shows and films, signaling the retailer plans to be in show business for the long haul. The issue came to the