Crude oil prices headed for a third weekly loss in a row, its longest losing streak in four months even as oil prices in general edged higher on Friday as investors closed positions ahead of the end of the year.   While U.S. crude futures traded at $35.02 a barrel, a rise of seven cents from...

Indicating turnaround efforts may be gaining traction BlackBerry reported its first quarter-to-quarter revenue gain in over two years o Friday as the company reported a smaller-than-expected fiscal third-quarter loss.   BlackBerry shares were up by 6.3 percent to $8.29 in premarket trading...

Taking its Chinese rivals Alibaba Group Holding and Tencent Holdings head one, Apple Inc said it will launch its payment service in China as soon as 2016.   China's main bank card and payment firm, UnionPay, a state-controlled consortium that has a monopoly on all yuan payment cards issued...

Negotiators from nearly 200 countries reached an historic agreement on the climate summit in Paris. The world has shown that it is still able to unite against climate change and rising greenhouse gas emissions. Under the new agreement, the Member States must prevent a global temperature rise of...

The fact the same investors own nearly half of both firms means the deal of Royal Dutch Shell's takeover of BG Group is still likely to go through even as it might look less attractive after the slide in oil prices.   According to data publicly available, investors holding about 43 percent...

Following a federal investigation involving his former hedge fund and a pharmaceutical company he previously headed, Martin Shkreli, a lightning rod for growing outrage over soaring prescription drug prices, was arrested by the FBI on Thursday.   A person familiar with the matter said that...

The European Bank for Reconstruction and Development has suspended funding construction of a new plant of the German Volkswagen Group in Poland. According to sources in the EBRD, quoted by the information agency Reuters, the bank froze disbursement of funds under the financing project for the new...

Concluding a six-month strategic review instigated by hedge fund Jana Partners, chip giant Qualcomm Inc has decided not to split into separate chip making and technology licensing businesses.   The current structure of the San Diego-based Qualcomm - biggest maker of chips used in mobile...

The first fully autonomous Ford Fusion Hybrid  sedans would roll out from the Ford Research and Innovation Center Palo Alto at the company expects the cars to take California streets next year.   Autonomous vehicle research is being expanded by Ford's Research and Innovation Center in...