Business

Oil edged higher on Monday as investors prepared for a week of important economic indicators, but prices remained range-bound on indications that the global storage was nearing capacity. Brent, the international benchmark, was up 21 cents at $48.20 a barrel...

China's ruling Communist Party opened a key meeting on Monday that will focus on financial reforms and how to maintain growth of around seven percent and more broadly map out economic and social targets for the next five years. The...

Xerox Corp (XRX.N) reported a 9.6 percent fall in quarterly revenue, hurt by lower printer sales and a strong dollar, and said it would review its operations. The company reported net loss attributable to shareholders of $34 million, or 4...

Restriction of forex to 41 sectors hurting the economy Advises incoming ministers against flattery of the president Obinna Chima The Emir of Kano and a former Central Bank of Nigeria (CBN) Governor, Mallam Muhammad Sanusi II, has stressed the need for...

Google parent Alphabet Inc (GOOGL.O), Microsoft Corp (MSFT.O) and Amazon.com Inc (AMZN.O) made headway in the latest quarter in the areas that will be their main engines of growth for years to come, driving up shares across the tech...

The Nasdaq 100 index, dominated by U.S. technology stocks, may set a record high next week, helped by good earnings from Apple Inc expected on Tuesday. Technology shares led the U.S. stock market's recovery this week from its worst correction...

BEVERLY HILLS, October 23, (THEWILL) – Nigeria’s oil and gas giant, Oando Plc Friday posted its long-delayed 2014 FY results, alongside its Q1 2015 results, racking up record after-tax losses of N183.9 billion in FY 2014, creating a wild hysteria...

U.S. stocks opened higher on Friday after a surprise interest rate cut in China added to a broad rally driven by strong quarterly results from Alphabet, Microsoft and Amazon. China's central bank cut interest rates for the sixth time since...

Shares of Whirlpool Corp (WHR.N) rose in pre-market trading on Friday after the appliance maker revised its expectations for 2015 earnings per share but posted higher-than-expected third quarter earnings. The revised guidance was "undoubtedly" better than expected, Robert Wetenhall, an...

General Motors' (GM.N) Opel division has denied violating European environmental standards after researchers claimed to have found excessive nitric oxide emissions for the carmaker's Zafira model. Germany's environmental lobby group DUH said on Friday that emissions of Opel's Zafira 1.6...