Business

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...

Deutsche Bank (DB.N) shares resumed falling on Monday after recovering from a record low at the end of last week, as hopes faded of a swift deal with U.S. authorities over a multi-billion dollar penalty. The German lender is throwing...

Massachusetts' top securities regular on Monday charged Morgan Stanley (MS.N) with "dishonest and unethical conduct" for having run high-pressured sales contests in Massachusetts and Rhode Island. Secretary of the Commonwealth William Galvin charged that Morgan Stanley brokers pushed so-called "securities...

Oil prices drifted on Monday after Brent crude hit $50 a barrel and U.S. crude reached three-month highs as traders weighed weaker stock markets and a strong dollar against OPEC's first planned output cut in eight years. Brent rose 9...

U.S. stocks started the fourth quarter on a subdued note, weighed down by healthcare and consumer stocks. The S&P 500 healthcare index .SPXHC fell 0.7 percent, the most among the 10 major S&P indexes that were lower, due to declines...