Business

SAN FRANCISCO, July 28, (THEWILL) – An impressive collection of organizations have come together to answer President Barack Obama's call at the Global Entrepreneurship Summit in Nairobi, Kenya, to advance entrepreneurship and economic growth around the world. Representatives of the...

Ford Motor Co on Tuesday reported second-quarter earnings that handily beat expectations, based on the continued strength of North American sales, led by its popular F-150 pickup truck. Ford posted net quarterly profit of $1.89 billion, or 47 cents per...

Pfizer Inc on Tuesday reported better-than-expected second-quarter profit and revenue, helped by strong demand for its pneumonia vaccine and new breast cancer drug, sending its shares up 1 percent. The largest U.S. drugmaker, which raised its full-year earnings forecast, said...

Honeywell International Inc (HON.N), a maker of aircraft parts and climate control systems, has agreed to buy the utility consumption meter business of Britain's Melrose Industries Plc (MRON.L) for 3.3 billion pounds ($5.1 billion). The acquisition, Honeywell's largest in more...

BP's (BP.L) second-quarter profit slumped by nearly two thirds from last year as it grappled with lower oil prices, a write off in Libya and a $10.8 billion charge for the 2010 crude spill in the Gulf of Mexico. Expecting...

BEVERLY HILLS, July 26, (THEWILL) – The Nigeria Customs Service (NCS) has suspended three commercial banks from collecting customs duties over their noncompliance with the partnership agreement with the agency on the subject. The Public Relations Officer of the agency,...

Nigeria's gross government revenues rose in June for the second month in a row to reach 485.95 billion naira ($2.44 billion), the finance ministry said, partly due to a crackdown on official corruption. The total of 518.542 billion naira, up...

European stocks and major commodity prices fell hard on Monday as concerns over China dominated financial markets in the wake of the biggest drop in Shanghai shares in eight years. The dollar was weak ahead of the week's main set...

UBS (UBSG.VX) posted a bigger-than-expected jump in second-quarter profit on Monday and chief Sergio Ermotti said the Swiss bank had "good momentum" going into the second half of 2015. Zurich-based UBS published earnings for the three months to June 30...

Thirteen big name American companies on Monday were to announce $140 billion in low-carbon investments to lend support to a global climate change deal in Paris in December, the White House said. Companies including General Motors (GM.N), Bank of America...