Business

Wall Street was set to open higher on Wednesday as investors focused on healthy corporate earnings reports and a revival in dealmaking, shrugging off a rout in the global bond market and weaker-than-expected U.S. private jobs data. ADP payroll data...

U.S. private employers in April added the fewest number of workers in more than a year, which could heighten worries about the economy's potential to rebound strongly from a first-quarter slump. Private payrolls increased 169,000 last month, the ADP National...

Africa’s richest economy is borrowing money to pay salaries as it struggles through a “difficult cash crunch” brought on by halved oil prices, Nigeria’s finance minister revealed Tuesday. The news comes as Nigeria prepares to welcome a new government at...

Oil prices hit their highest for the year on Tuesday, aided by a disruption in Libyan crude exports, higher selling prices for Saudi oil and a weaker dollar that tends to inflate commodity prices. Since April's price rally of between...

Chuck Robbins, the veteran salesman chosen by Cisco Systems Inc to succeed legendary CEO John Chambers, must prove he has the technical knowledge to chart a new course and lead the network equipment maker into the new world of...

Volkswagen (VOWG_p.DE) said it would try to find a new chairman quickly and announced a long-planned tie-up of its truck brands, seeking to return the focus to business following the carmaker's shock ouster of former patriarch Ferdinand Piech. Chief Executive...

Cisco Systems Inc (CSCO.O) said Chief Executive John Chambers would step down in July after 20 years at the helm, to be replaced by company veteran Chuck Robbins. Chambers, one of the longest-serving CEOs of a Silicon Valley company, will...

Wall Street opened higher on Monday ahead of data that is expected to show demand for U.S. factory orders rose in March, signaling that the manufacturing sector is strengthening despite a stronger dollar. New orders for U.S.-made goods are expected...

Oil eased toward $66 a barrel on Monday after reaching a 2015 high, as ample current supplies and weak Chinese factory activity countered expectations of a tighter supply and demand balance later this year. The collapse of oil prices in...

BEVERLY HILLS, May 01, (THEWILL) – Nigeria’s Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has denied some media reports which quoted her as disowning PricewaterhouseCoopers and its forensic audit of the accounts of the...