Business

JPMorgan Chase & Co, the biggest U.S. bank by assets, reported a better-than-expected rise in quarterly profit on Tuesday as revenue from fixed-income trading rebounded. Trading picked up early in the quarter after the Swiss National Bank shocked currency markets...

Nokia Oyj (NOK1V.HE) is in talks to buy smaller telecom equipment maker Alcatel-Lucent (ALUA.PA), a deal that would combine the industry's two weakest players but could pose challenges in cutting costs and overcoming political opposition. In a joint announcement, the...

Citigroup Inc (C.N) is looking for a buyer for its retail forex brokerage CitiFX Pro as part of efforts to streamline the banking world's biggest currency trading operation, a source familiar with the situation told Reuters on Tuesday. Citi has...

Apple Inc (AAPL.O) is likely to quickly ramp production of the Apple Watch after strong pre-orders outstripped limited supply in the first weekend following its launch, some Wall Street analysts said. Apple is widely expected to disclose weekend pre-order numbers...

Brent rose towards $59 a barrel on Monday in a volatile market, continuing gains after a strong end to last week as financial traders increased bets on higher prices amid a slowdown in U.S. drilling. Front-month Brent crude futures LCOc1...

U.S. stock index futures pulled back after three straight days of gains, as the corporate earnings season was poised to kick into high gear with a slew of reports this week. * Big banks, including JPMorgan Chase (JPM.N) and Bank...

Volkswagen (VOWG_p.DE) has plunged into a full-blown leadership crisis after Chief Executive Martin Winterkorn let it be known on Saturday he will fight for his job even though the carmaker's chairman has reportedly withdrawn confidence in the CEO. Ferdinand Piech,...

SAN FRANCISCO, April 10, (THEWILL)  – In recognition of its outstanding achievements, quality products and services, DFC Holdings Limited has been bestowed with the Century International Quality ERA award, Gold Category by Business Initiative Directions (BID). The award is given...

When it opened in 1963, Ghana's oil refinery symbolized pride and hope for the first African country to escape colonial rule. Now the plant stands idle in a sign of the economic shadow that has crept over one of...

Oil rose towards $58 a barrel on Friday, heading for a weekly gain, supported by an easing of concerns that the interim accord over Iran's nuclear work will lead to a rapid rise in Iranian oil supplies. Evidence this week...