Business

U.S. stocks fell more than 1 percent on Tuesday, with the S&P 500 index trading below a key technical mark, as concerns of a slowdown in China weighed on commodity prices and investors fretted over aid talks for Greece...

South Korean tech giant Samsung Electronics Co Ltd (005930.KS) on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone launch and tepid demand from key markets likely undercut sales. The guidance suggests that Samsung, while...

BEVERLY HILLS, July 06, (THEWILL) -  The naira Monday hit an all time low against the United States dollar trading at N235 - $1 at the parallel market, currency dealers said. The naira traded at N230 - $1 on Friday. Traders...

BEVERLY HILLS, July 06, (THEWILL) – Honda Motor Corporation says it has started building cars in Nigeria by retooling part of its factory that previously made motorcycles. The firm’s new chief executive, Takahiro Hachigo, disclosed this on Monday in Tokyo...

BEVERLY HILLS, July 06, (THEWILL) – As the nation's economy comes under pressure due to the paucity of funds occasioned by the fall in the price of crude oil in the international market, President of Dangote Group, Alhaji Aliko...

Shares fell, the euro stumbled and yields on weaker euro zone economies' bonds rose after Greece overwhelmingly voted against conditions for a rescue package, but there was no rout and contagion was limited. Investors sought low-risk assets including Bunds, but...

Oil prices fell more than 3 percent on Monday after Greece rejected debt bailout terms and China rolled out emergency measures to support its stock markets, adding to concerns about demand at a time of global oversupply. The result of...

Honda Motor Co's (7267.T) new chief executive said the Japanese automaker has no plans for now to provide financial aid to Takata Corp (7312.T), the air bag supplier at the center of a costly global safety recall that has...

Britain is planning to sell half its stake in Royal Bank of Scotland (RBS.L), worth 16 billion pounds ($25 billion), within two years of a possible first sale in September, according to people with knowledge of government thinking. Finance Minister...

China's top securities brokerages said on Saturday that they would collectively buy at least 120 billion yuan ($19.3 billion of shares in a bid to stabilize the country's stock markets after a slump of nearly 30 percent since mid-June. The pledge...