BUSINESS

Beijing bought shares in the Industrial and Commercial Bank of China, Bank of China, China Construction Bank and Agricultural Bank of China.

In the wake of Edward Snowden's allegations the U.S. was also spying on Chinese citizens, China has demanded an explanation.

Activist investor Starboard Value LP says Smithfield could be worth almost $2.5 billion more than what Shuanghui is valuing the company at.

Verizon could become Canada’s first foreign entrant into its wireless market as Ottawa seeks more competition.

The federal judge who ruled in 2000 that Microsoft was a monopoly, Thomas Penfield Jackson, died Saturday due to cancer complications.

If the community did form its own country, it would comprise the 18th-largest economy in the world.

Asia’s most consistently profitable food manufacturing companies are listed in Vietnam, Hong Kong and India.

A study says an EU-US trade deal could harm their traditional trading partners and emerging markets.

The South Korean phone maker is about to unleash a Galaxy S4 it says will be twice as fast.

Telefónica denies that the U.S. telecom offered $93 billion for a takeover that was blocked by the Spanish government.

Investors also had an ear for a hint of the U.S. Federal Reserve's likely monetary policy stance at its meeting Wednesday.

The early onset of the monsoon has claimed lives, caused landslides and flooding in India’s Uttarakhand state, but farmers welcome the rain.

Brazil's IPO market is set for a record haul with companies tipped to raise $10.6 billion in public offerings despite weak economic growth.

Airbus expects its profit margin to more than double by 2015, its CEO said, ahead of the 2013 Paris Air Show scheduled to begin on Monday.

India's central bank left benchmark rates untouched on Monday as softening inflation is offset by currency and deficit concerns.

A designer has come up with a new “iPhone 6” concept with iOS 7 and a 4.3-inch edge-to-edge display. Here’s how it might look.

The China Food and Drug Administration has ordered a thorough inspection of all lime-preserved egg producers.

The Capitals' captain won the Hart Trophy for the first time since 2009.

The ArcView Group, led by Steve DeAngelo, brought cannabis to Wall Street as entrepreneurs and investors discussed the burgeoning industry.

The Loch Ness Monster is at the center of a controversy between two local businessmen with opposing views on how to market the creature to tourists.

The Africa-based budget airline Fastjet has secured the rights to fly cheap international flights within the continent.

Miami police are looking for answers after a wooden patio collapsed at Shuckers Waterfront Grill during Thursday night's NBA Finals game.

One of the first results of the new budget cap could be "no funding for an asteroid rendezvous mission."

Based on the number of airplane orders booked by the companies last year, Boeing beat Airbus -- but by just 13 planes.

What do Nicaragua's plans to build a Chinese company-backed transoceanic canal mean for Panama and its historic role in maritime trade?

The Syrian conflict has forced many entrepreneurs to flee, but the country needs them back in order to rebuild the economy.

The focus will be on the FOMC statement Wednesday, when the Fed will likely lower its forecasts, but remain ambiguous about the prospects for tapering its QE.

Indicators such as consumer confidence and initial jobless claims are trending positively overall, even if mixed week to week.

Jamie Dimon's efforts to simplify the sprawling financial behemoth that is JPMorgan Chase means the spin-off of One Equity Partners.