Business

Rising Oil Powers Broader Market Rally

A recovery in oil prices spread to stock markets and emerging market currencies on Wednesday, with the prospect of more support from the world's...

Vodafone Goes Back To Basics After Failed Liberty Deal

With a $120 billion merger with Liberty Global (LBTYA.O) off the table, Vodafone (VOD.L) boss Vittorio Colao needs his strategy of higher network investments...

Renault-Nissan Discuss New Structure To Counter French Control: Nikkei

Renault SA (RENA.PA) and Nissan Motor Co (7201.T) have entered discussions to reorganize their capital alliance structure in a bid to water down Paris's...

Nokia’s Bosses To Dominate Leadership Team After Alcatel Deal

Finnish network equipment maker Nokia said on Wednesday its executives would dominate the new leadership team once it completes its proposed acquisition of Alcatel-Lucent. Chief...

NSE Receives Global Recognition For ‘Doing Good’

SAN FRANCISCO, October 06, (THEWILL) – The Nigerian Stock Exchange’s efforts at promoting corporate social responsibility and sustainability received boost recently when the bourse...

Samsung Electronics Struggles To Find Fix For Smartphone Woes

More than a year into the overhaul of its smartphone lineup, Samsung Electronics Co Ltd (005930.KS) has yet to find a way to reverse...

Historic Pacific Trade Deal Faces Skeptics In U.S. Congress

Twelve Pacific Rim countries on Monday reached the most ambitious trade pact in a generation, aiming to liberalize commerce in 40 percent of the...

Shell CEO Sees First Signs Of Oil Price Recovery

Oil markets are beginning to recover but the scale of global oversupply means prices may rise only slowly, the chief executive of Royal Dutch...

Big U.S. Firms Hold $2.1 Trillion Overseas To Avoid Taxes: Study

The 500 largest American companies hold more than $2.1 trillion in accumulated profits offshore to avoid U.S. taxes and would collectively owe an estimated...

Facebook To Launch Satellite To Expand Internet Access In Africa

Facebook Inc said it would launch a satellite in partnership with France's Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The...