Business

Electric car manufacturer Tesla Motors (TSLA.O) has received almost 400,000 orders for its latest car, the model 3 sedan, its CEO said on Thursday. "We are now almost at 400,000 orders for the model 3," Elon Musk told a conference...

Japanese officials have raided an office of Mitsubishi Motors following the revelation that the carmaker had falsified its fuel economy data. The officials searched its plant in the central Japanese city of Okazaki. Mitsubishi has admitted that employees altered data to...

Oil prices rose on Tuesday as an oil workers strike in Kuwait nearly halved crude production from the OPEC member, overshadowing bearish sentiment following Sunday's failure by oil producers to agree to freeze output levels. Thousands of Kuwaiti oil workers...

European shares hit three-month highs on Tuesday following gains on Asian bourses as a rise in oil prices, partly due to a workers' strike in Kuwait, boosting investors' appetite to take on risk. Oil prices had already shrugged off the...

Bank of America Merrill Lynch (BAML) said on Tuesday it was turning "structurally bullish" on emerging equities, revising its five-year long negative view on the sector. "We are reversing our five-year bearish views on Asia and emerging markets...We now believe...

Streaming video service Netflix Inc forecast U.S. and international subscriptions would grow at a slower pace than Wall Street expected this quarter, sending its shares tumbling 8 percent in after-hours trading on Monday. Netflix said it expected to add about...

International Business Machines Corp (IBM.N) reported its worst quarterly revenue in 14 years as results from newer businesses including cloud and mobile computing failed to offset declines in its traditional businesses, sending shares down nearly 5 percent in extended...

BEVERLY HILLS, April 18, (THEWILL) – President of the Association of Bureau De Change, BDC Operators of Nigeria, Aminu Gwadabe has stated that Nigeria's plan to increase the availability of the Chinese yuan has already favored the Naira against...

A deal to freeze oil output by OPEC and non-OPEC producers fell apart on Sunday after Saudi Arabia demanded that Iran join in despite calls on Riyadh to save the agreement and help prop up crude prices. The development will...

SAN FRANCISCO, April 14, (THEWILL) – Latest monthly report from the Organisation of Petroleum Exporting Countries, OPEC, indicates that Angola has overtaken Nigeria as the number one oil producing country in Africa, making it the second time in four...