Business

Sharp Corp (6753.T) CEO and President Tai Jeng-wu told reporters on Monday he would step down once the Japanese electronics maker turns profitable again at the net level and its shares return to the first section of the Tokyo...

Dec 1 Nigerian exports climbed 29 percent in the third quarter, official figures showed on Thursday, lifted by crude sales to India and the U.S. that helped cut a widening trade deficit in Africa's largest economy. The National Bureau of...

Oil prices surged more than 4 percent on Thursday, with Brent crude at its highest in about 16 months, extending gains after OPEC and Russia agreed to restrict output to reduce the global supply glut more quickly. The Organization of...

Facebook Inc (FB.O) is working on automatically flagging offensive material in live video streams, building on a growing effort to use artificial intelligence to monitor content, said Joaquin Candela, the company’s director of applied machine learning. The social media company...

Caterpillar Inc (CAT.N), the world's largest construction and mining equipment maker, said on Thursday analysts' earnings expectations for 2017 were "too optimistic" as oil prices remained volatile. Analysts on average were expecting 2017 revenue of $38 billion and earnings of...

Oil prices rose more than 7 percent on Wednesday as some of the world's largest oil producers agreed to curb oil output for the first time since 2008 in a last-ditch bid to support prices. U.S. West Texas Intermediate crude...

Donald Trump's victory in the U.S. presidential election has increased the threats to the world economy from higher interest rates and less trade, the Bank of England said on Wednesday. The BoE also pointed to potential dangers from rapid Chinese...

OPEC has agreed its first limit on oil output since 2008, sources in the producer group told Reuters, with Saudi Arabia accepting "a big hit" on its production and agreeing to arch-rival Iran freezing output at pre-sanctions levels. Brent crude...

Video streaming pioneer Netflix Inc said its subscribers would now be able to download popular shows such as "Orange is The New Black" and "Narcos" on their mobile devices at no extra cost. "While many members enjoy watching Netflix at...

President-elect Donald Trump's pick to lead the U.S. Treasury, Steven Mnuchin, said on Wednesday the administration would make tax reform and trade pact overhauls top priorities as they seek a sustained pace of 3 percent to 4 percent economic...