Business

Swiss Watchdog Opens Bank Probe Into Precious Metal Collusion

The Swiss competition watchdog has launched an investigation into possible collusion in the precious metals market by several major banks, it said on Monday,...

Oil Rises As Tighter U.S. Market Offsets Asia Woes

Oil prices rose on Tuesday after evidence of tightening supplies in the United States, the world's biggest oil consumer, outweighed concerns over the health...

Comcast To Buy 51 Percent Of Universal Studios Japan For $1.5 Billion

U.S. cable company Comcast Corp said on Monday it has agreed to buy a 51 percent stake in Osaka-based theme park operator USJ Co...

Shell Pulls The Plug On Arctic Exploration

Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners...

Oil Prices Ease As Demand Outlook Eclipses Supply Falls

Oil prices eased on Monday, paring some of last week's 2 percent rally, despite evidence of slowing U.S. production and a fourth weekly increase...

Alcoa To Split Into Two Companies In Second Half Of 2016

Metals firm Alcoa Inc said on Monday it would split into two publicly traded entities, acknowledging that its legacy aluminum operations and higher-value and...

Dangote To Inaugurate Tanzanian Cement Plant Oct 10

BEVERLY HILLS, September 28, (THEWILL) – Africa’s foremost cement manufacturer, Dangote Cement, said on Monday that it is set to commission its new 3.0...

Volkswagen Rigged Tests On 2.8 Million Cars In Germany, Berlin Says

Volkswagen rigged emission tests on about 2.8 million diesel vehicles in Germany, the country's transport minister said on Friday, nearly six times as many...

New iphones Hit Stores, Record Sales Expected In First Weekend

The iPhone 6s and 6s Plus hit stores around the world on Friday, at the start of what is expected to be a record...

Blackberry Posts Weaker-Than-Expected Results, Pledges Revenue Gain

Smartphone maker BlackBerry Ltd reported weaker-than-expected quarterly results on Friday but forecast higher revenue and said it might replace its operating system with Google...