Lisbon is betting that hosting the Web Summit, Europe's largest tech event, will spur the growth of startups and draw foreign investors, helping it compete with the continent's main innovation hubs.

US fast-food giant McDonald's has agreed to pay $3.75 million to settle a labour dispute with workers at a California franchise, according to court documents seen Tuesday by AFP.

Top oil companies including Saudi Aramco and Shell are joining forces to create an investment fund to develop technologies to promote renewable energy, as they seek an active role in the fight against global warming, sources said.

Marketing is dead, says Kevin Roberts, former CEO of Saatchi and Saatchi Worldwide – one of the world's largest, most reputed marketing groups based in the UK.

World stocks, the dollar and oil fell on Wednesday, while safe-haven assets such as gold and the Swiss franc rose as investors were rattled by signs the US presidential race was tightening just days before the vote.

Chinese e-commerce firm Alibaba Group Holding Ltd on Wednesday reported a 55 percent rise in second-quarter revenue, beating analyst estimates, on the back of core online sales and strong media and entertainment growth.

Facebook Inc's Instagram said that it will start tests next week on a new shopping feature through which users can buy products from US-based retailers via the photo-sharing app.

Bangladesh will continue to get duty privilege to the UK under the European Union's Everything But Arms scheme until Brexit formally

Volkswagen expects the shift to electric cars to cost a five-digit number of jobs in coming years, the Frankfurter Allgemeine Zeitung newspaper reported, citing the carmaker's human resources chief.

Bangladesh can attract huge foreign direct investment if the country can implement major infrastructure projects in time and government agencies become more proactive, said the International Chamber of Commerce-Bangladesh or ICCB.

The court-appointed trustee liquidating Bernard Madoff's firm said on Friday he has reached a settlement with the family of late Beverly Hills money manager Stanley Chais that will provide more than $277 million to victims of Madoff's Ponzi scheme.

Canadian Prime Minister Justin Trudeau and European Union leaders on Sunday finally signed a landmark trade deal seven years in the making, after it was nearly being torpedoed by a small region of Belgium.

Officials from Opec and non-member oil producing countries met on Saturday aiming to build support for an Opec plan to reduce output one day after Opec members were unable to agreed on how to implement the deal.

Zimbabweans know the risks of worthless money all too well after hyperinflation between 2007 and 2009 gave them the 100-trillion-dollar banknote that barely bought a loaf of bread.

Low crude prices and weak refining margins weighed on third-quarter profits at US oil giants ExxonMobil and Chevron in reports Friday, but earnings rose compared with the prior two quarters.

A Sri Lankan parliamentary panel Friday called for the criminal prosecution of former central bank chief Arjuna Mahendran who was removed three months ago over long-running allegations of insider trading.

RIDE-SHARING cab service Uber on Friday lost a British tribunal case brought by drivers demanding basic workers' rights, in a decision that could have repercussions across the "gig economy".

Japan's consumer prices fell in September for the seventh straight month, data showed Friday, heaping more pressure on the central bank to push back its inflation target deadline.

US economic growth accelerated to a 2.9 percent annual rate in the third quarter boosted by a big jump in exports and solid consumer spending, the Commerce Department reported Friday.

China's three biggest airlines all reported surging net profits in the third quarter, statements showed, as the country's economy stablises.