Business

Royal Dutch Shell (RDSa.L) missed quarterly profit expectations by more than $1 billion on Thursday after reporting a 72 percent plunge in earnings due to weak oil prices and high costs following its $54 billion takeover of BG Group. Shell's...

Facebook Inc's (FB.O) quarterly profit and revenue blew past Wall Street estimates as the company's hugely popular mobile app and a push into video attracted new advertisers and encouraged existing ones to spend more. Facebook shares rose 6.7 percent in...

Though Apple Inc (AAPL.O) is selling enough iPhones to keep investors happy for now, the world's most valuable publicly traded company is set increasingly to rely on its apps and services to drive growth. Apple's services business alone - which...

The Federal Reserve left interest rates unchanged on Wednesday but said near-term risks to the U.S. economic outlook had diminished, opening the door to a resumption of monetary policy tightening this year. The U.S. central bank said the economy had...

SABMiller (SAB.L) has told employees to pause the integration of its operations with those of Anheuser-Busch InBev (ABI.BR) as the brewer's board weighs its sweetened takeover offer, two sources familiar with the matter said. The pause is not an indication...

Oil prices on both sides of the Atlantic have fallen to 3-month low as bullish traders found little reason to keep betting on higher prices. Brent has declined by more than 15% after posting a 2016 high last month...

BEVERLY HILLS, JULY 26, (THEWILL) - In a bid to encourage savings and investment in the country, the Central Bank of Nigeria, CBN, has hike the monetary policy rate, MPR, which serves as national interest rate, to a 10-year...

Equity and currency traders will have lot of news to digest the week ahead. On the monetary side, central banks in U.S. and Japan will both announce their interest rate decisions. On the data front, second quarter GDP results...

Verizon Communications Inc (VZ.N) said Monday it would buy Yahoo Inc's (YHOO.O) core internet properties for $4.83 billion in cash to expand its digital advertising and media business, in a deal that ends a lengthy sale process for the...

Yahoo Inc (YHOO.O) is focusing on U.S. telecommunications company Verizon Communications Inc (VZ.N) as the buyer of its core business after reviewing final bids that it received this week, people familiar with the matter said on Friday. A deal would...