Business

Wall Street kicked off the last month of the year on a positive note but pared early gains after data showed the U.S. manufacturing sector contracted in November, falling to its worst levels since June 2009. The Institute for Supply...

Amazon.com Inc said sales of its electronic gadgets more than tripled over the Thanksgiving weekend from last year, with the Fire tablet the top-selling product. Sales of the 7-inch tablet more than tripled, while the Fire TV set-top box sold...

Chinese-owned Volvo Car Group's sales rose 26 percent in November from the same month last year to reach a record high, helped by strong demand for the XC90 and XC60 models in the United States where sales doubled. Sales increased...

A surge in Chinese cross-border technology and telecoms deals has helped mergers and acquisitions in Asia Pacific cross $1 trillion for the first time but mainland banks are missing out on the payoffs as they badly trail global rivals...

BEVERLY HILLS, December 01 (THEWILL) – The Ministries of Petroleum Resources, Budget and National Planning and Finance have been directed by the Senate to reconcile their records and include an additional N108bn to the N465.3bn supplementary budget which President Muhammadu...

SAN FRANCISCO, November 30, (THEWILL) – The Central Bank of Nigeria (CBN) said that the nation's foreign reserves fell to 30.04 billion dollars as at Nov. 26. The bank disclosed this on its website on Monday. It said that the figure...

U.S. stocks were lower in early afternoon trading on Monday as health and consumer discretionary stocks declined and investors awaited key economic data including the November jobs report. Still, the three major indexes were set to end the month higher...

Tribune Publishing Co (TPUB.N) said it was not in talks or in the process of selling itself, after a tweet by News Corp's (NWSA.O) Rupert Murdoch on Friday that suggested Tribune's newspaper group would be sold. Tribune Publishing's shares were...

U.S. antitrust regulators are preparing to block Staples Inc's (SPLS.O) acquisition of smaller rival Office Depot Inc (ODP.O), the New York Post reported on Sunday. The Federal Trade Commission (FTC) may again delay its decision on the deal, seeking more...

BlackBerry Ltd (BB.TO) will delay shutting down its operations in Pakistan until Dec. 30 as negotiations continue over government demands for access to users' private data, the company and the telecoms authority said on Monday. The state-run Pakistan Telecommunication Authority...