Business

Amazon.com Inc said that sales on Exclusives, its platform for products not available anywhere else, topped $50 million in less than a year since its launch and the site includes more than 120 brands, the first time it has...

China's volatile shares tumbled again on Thursday, taking losses this month to about 25 percent or 13 trillion yuan ($2 trillion), while state media insisted that the market ructions did not reflect the real economy. The benchmark Shanghai Composite Index...

Time Warner Cable Inc (TWC.N), which is being bought by Charter Communications Inc (CHTR.O), reported a 4.9 percent rise in revenue as it added more residential video customers. The company said revenue rose to $6.07 billion in the fourth quarter,...

SAN FRANCISCO, January 27, (THEWILL) – The naira reversed its gain on Tuesday, as it depreciated in value against the dollar across segments of foreign exchange (FX) market on Wednesday, following supply shortage. After trading on Wednesday, the naira lost...

Apple and Boeing's disappointing forecasts dragged down U.S. stock indexes on Wednesday, as anxious investors awaited the Federal Reserve's statement on monetary policy. Apple's (AAPL.O) shares were down 5.3 percent at $94.67 after the company also reported its slowest-ever rise...

Russian state oil pipeline monopoly Transneft said on Wednesday Russia and the Organisation of the Petroleum Exporting Countries (OPEC) would discuss possible output cuts, TASS news agency reported. RIA news agency also cited Transneft Chief Executive Nikolai Tokarev as saying...

Boeing Co (BA.N), said on Wednesday it would deliver fewer planes in 2016 and forecast earnings below expectations, sending shares tumbling as much as 10 percent to a 52-week low. The world's biggest planemaker also reported weaker fourth-quarter profit, mainly...

SAN FRANCISCO, January 26, (THEWILL) – The naira on Tuesday strengthened against the dollar across all foreign exchange (FX) market after the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged. The Monetary Policy Committee (MPC) in...

BEVERLY HILLS, January 26, (THEWILL) – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted against a devaluation of the naira. Speaking at the end of the meeting, CBN Governor Godwin Emefiele, disclosed that the...

South Korea's biggest carmaker, Hyundai Motors, has seen its profits fall for the eighth consecutive quarter, giving a cautious outlook for 2016. Net profit in the months from October to December dropped by 2% to 1.6 trillion won ($1.4bn). Earnings were...