Business

Nokia (NOKIA.HE) said it had settled a lengthy patent dispute with South Korea's Samsung (005930.KS) on Monday, but investors were disappointed by the financial terms of the deal. Nokia's shares fell more than 10 percent after the Finnish firm said...

BEVERLY HILLS, January 31, (THEWILL) – Four Nigerian banks have been named in the 2016 The Banker and Brand Finance Top 500 Banking Brands in the world, published in the February edition of The Banker magazine, Financial Times Group...

BEVERLY HILLS, January 31, (THEWILL) – Coca-Cola has acquired 40 percent shareholding in Nigeria's Chi Limited, manufacturer of Chivita brand and says it intends to increase ownership to 100 percent within three years subject to regulatory approvals. The binding agreement...

Boeing Co (BA.N) has won a contract to start preliminary work on a new fleet of Air Force One presidential aircraft based on its 747-8 jumbo jet, the Pentagon said on Friday. The U.S. Air Force awarded Boeing an initial...

Nissan Motor Co said Friday it will recall nearly 930,000 Nissan cars worldwide for potentially faulty hood latches, marking the third time since 2014 the automaker has recalled vehicles to address the problem. The Japanese automaker (7201.T) said it is...

Toyota Motor Corp said on Saturday it may halt production at its domestic plants early next month due to a steel shortage, following an explosion at a steel plant operated by one of its affiliates. The blast an Aichi Steel...

The Bank of Japan unexpectedly cut a benchmark interest rate below zero on Friday, stunning investors with another bold move to stimulate the economy as volatile markets and slowing global growth threaten its efforts to overcome deflation. Global equities jumped,...

Oil edged up above $34 a barrel on Friday, a gain of some 25 percent from the 12-year lows seen earlier in January, on hopes that a deal between major exporters to cut production could help reduce one of...

MasterCard Inc (MA.N), the operator of the world's second-largest payments network, reported an 11.1 percent rise in quarterly profit as purchase volumes increased. The company's net income rose to $890 million, or 79 cents per share, in the fourth quarter...

Chevron Corp (CVX.N) reported its first quarterly loss in more than 13 years on Friday as the oil producer struggled to cope with plunging crude prices that are eroding profitability across all its divisions. It was the latest sign that...