Business

Chipmaker Advanced Micro Devices Inc is at the initial stage of reviewing whether to split itself in two or spin off a business, seeking to reverse its fortunes and take on rival Intel Corp, according to three people familiar...

Nigeria's four oil refineries will resume production in July, a spokesman for the state-owned Nigerian National Petroleum Corporation (NNPC) said on Friday. Spokesman Ohi Alegbe said the two refineries in Port Harcout would begin operations after turnaround maintenance, followed by...

Official prices for Nigerian crude have hit their lowest in at least a decade as a nagging oversupply of physical oil takes its toll. The Nigerian National Petroleum Corp (NNPC) lowered the official selling price for its largest crude oil...

Citigroup (C.N) is planning to shift the headquarters of its European retail banking operation to Dublin from London to benefit from lower costs and capital requirements. This week the bank wrote to clients to say the UK-based business, Citibank International...

A South Korean court on Friday said it will rule by July 1 on U.S. hedge fund Elliott's injunction request to block a Samsung C&T Corp (000830.KS) shareholder vote on an $8 billion takeover bid from Cheil Industries Inc...

Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters. Gazprom, the world's top gas producer, said...

Toyota Motor Corp moved into damage control mode on Friday after its new communications chief Julie Hamp, an American and its first senior woman executive, was arrested on suspicion of illegally bringing pain killers into Japan just two months...

Nigeria's central bank has called a meeting with chief executives and treasurers of commercial lenders on Friday to discuss issues surrounding its policy on the foreign exchange market, multiple banking sources told Reuters. The central bank imposed tight controls on...

Wall Street was higher at the open, a day after the Federal Reserve said the U.S. economy is likely strong enough to withstand an interest rate increase later this year but indicated that the pace of a hike will...

Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers' wallets, according to...