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Apple iPhone supplier Foxconn, officially known as Hon Hai, said its semiconductor strategy is to focus on producing “specialty chips” — not competing in cutting-edge chips.”We…

(Reuters) -The Federal Reserve held its benchmark overnight interest rate steady at the Sept. 19-20 policy meeting. Data since then will influence whether the U.S. central…

The UK’s Office for National Statistics is scheduled to release the Consumer Price Index (CPI) data for September on Wednesday. The data, which is expected to…

By Arathy Somasekhar and Muyu Xu (Reuters) -Oil prices surged on Wednesday as tension escalated in the Middle East after hundreds were killed in a blast…

© Reuters. The Indian government and Life Insurance Corporation (LIC) are actively proceeding with their plans to divest a 61% stake in IDBI Bank, a move…

Rep. Jim Jordan hit resistance on Tuesday in his effort to become the next speaker of the U.S. House of Representatives, as the Ohio congressman failed…

Walter Isaacson’s new biography of Elon Musk should make women wonder: Why does society lionize men who he describes as “risk-seeking man-children who resist potty training”? …

Rite Aid Corp.’s stock tumbled 55% Tuesday, falling to 30 cents, after resuming trade following a halt on Monday. The stock was halted after the company…

Bitcoin could reach up to $45,000 in January, once the U.S. Securities and Exchange Commission approves an exchange-traded fund investing in the cryptocurrency directly, according to…

Billionaire Ronald Lauder, a powerful financial backer of the University of Pennsylvania, is threatening to cut off donations if the school doesn’t do more to fight…