Shares in top U.S. packaged food companies Mondelez International Inc and PepsiCo Inc jumped on Friday on speculation that they could merge, after a report that activist investor Nelson Peltz has taken …

FRANKFURT: The government of Cyprus is trying frantically to come up with a Plan B to avoid the country's financial collapse and possible exit from the euro currency union. Plan A was shot down by the parliament, which was outraged over a proposal to …

Yahoo Inc is in talks to acquire a controlling stake in Dailymotion, one of the world’s most popular online video websites, in what would be Yahoo CEO Marissa Mayer’s largest deal since taking the reins …

AT&T Inc is considering buying a 25 percent stake in India’s Reliance Jio Infocomm Ltd, a telecommunications venture controlled by billionaire Mukesh Ambani, for $3.5 billion, the Times of India newspaper …