Business

Wal-Mart Stores Inc (WMT.N) on Thursday tempered its profit forecast for the next two fiscal years due to investments in its online business, and the world's largest retailer said store openings would slow. Shares of the company, which is holding...

Alphabet Inc's Google on Tuesday announced a new "Pixel" smartphone and a suite of new consumer electronics products for the home, planting itself firmly in the hardware business and challenging Apple Inc's iPhone at the high end of the...

Telecoms network maker Nokia said on Wednesday it had acquired Eta Devices, a U.S.-based start-up specializing in power amplifier efficiency solutions for network base stations. "Eta Devices will bolster Nokia's push to enhance base station energy efficiency, an increasingly important...

Amazon is talking to European Union antitrust regulators about settling a year-long investigation into its e-book deals with publishers without a fine, a person familiar with the matter said on Tuesday. The move comes as Amazon is also under scrutiny...

Yahoo Inc last year secretly built a custom software program to search all of its customers' incoming emails for specific information provided by U.S. intelligence officials, according to people familiar with the matter. The company complied with a classified U.S....

Alphabet Inc's Google is expected to unveil new smartphones at an event on Tuesday, the company's latest effort to sell consumers on a Google-branded device and to challenge Apple Inc at the high end of the market. Analysts predict the...

Ride-hailing service Uber is under pressure in Dubai, one of the Middle East's major markets, after the emirate's transport regulator signed an agreement with local rival Careem and warned other such firms that they must do the same. Under...

A divided federal appeals court on Monday rejected claims by Detroit retirees that their pensions were unfairly cut to help the city end the largest U.S. municipal bankruptcy. The 6th U.S. Circuit Court of Appeals in Cincinnati said restoring the...

SAN FRANCISCO, October 03, (THEWILL) - European Union, EU, official Fillippo Amato has advised the Federal Government to devalue the Naira as part of measures to tackle the economic recession. Amato, Counsellor, Head of Trade and Economics Section of EU,...

U.S. industrial firm General Electric (GE.N) plans to invest around $150 million in Nigeria by 2017, a senior executive said on Monday. "There are development projects where we are investing," Jay Ireland, chief executive of General Electric in Africa told...