Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a hotly anticipated initial public offering.   Uber said late Monday night it would pay $1.4 billion in cash and $1.7 billion in...

France signed 15 business contracts with China worth billions of euros on Monday, including a multi-plane order with Airbus and a €1 billion contract for EDF to build an offshore wind farm in China, the French presidency said. A 300 plane order from China for Airbus planes is worth...

South Korean government officials are expected to press for extending a sanctions waiver on Iran’s petroleum exports that expires in May on a visit to Washington this week. South Korea’s Deputy Foreign Minister for Economic Affairs Yoon Kang-hyun and other leaders will meet with U.S....

The EU's powerful competition authority Monday imposed a 12.5 million euro ($14 million) fine on US sports apparel giant Nike for restricting cross-border sales in Europe of jerseys and scarves of top football teams. According to the European Commission, Nike imposed illegal licensing deals...