Business

Swedish mobile telecom gear maker Ericsson is suing Apple Inc for patent infringement, Ericsson said on Friday. Ericsson said it filed a complaint with the U.S. International Trade Commission (ITC) requesting an exclusion order against Apple's products for infringing Ericsson...

A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors (GM.N) said on Friday it would cease production of its Chevrolet Sonic in Thailand by the middle of this year. While GM will still sell...

Some staff at Indian conglomerate Sahara say they haven't been paid for several months, as the company tries to raise $1.6 billion to bail its boss Subrata Roy out of jail. Reuters interviewed 11 employees independently contacted in separate units...

Japan's Mazda Motor Corp (7261.T) will sell only diesel-powered cars in the domestic launch of its key model for 2015, gambling it can convince the country's army of hybrid petrol-electric drivers that the days of sooty, noisy diesels are...

SAN FRANCISCO, February 26, (THEWILL) – The Governing Board of the Federal Government Staff Housing Loans Board at its 72nd Meeting held on Wednesday in Abuja, approved home loans for an estimated five hundred (500) federal workers. A statement by...

U.S. regulators are poised to impose the toughest rules yet on Internet service providers, aiming to ensure fair treatment of all web traffic through their networks. The Federal Communications Commission is expected Thursday to approve Chairman Tom Wheeler's proposed "net...

Standard Chartered (STAN.L) said former JPMorgan (JPM.N) investment bank boss Bill Winters will take over as chief executive in June, replacing Peter Sands in a major management overhaul following two years of problems. Investors had been pushing for a change...

Samsung Electronics (005930.KS) will freeze wages in 2015 for employees in South Korea for the first time in six years, after the world's biggest smartphone maker saw profits fall in the face of rising competition. The cost-cutting move is the...

Oil rose towards $62 a barrel on Thursday as indications of a coming recovery in demand offset a further jump in U.S. crude stockpiles which underlined currently ample supplies. Crude benchmarks in the U.S. and Europe posted their largest percentage...

SAN FRANCISCO, February 26, (THEWILL) – Following the House of Representatives passage of a resolution requesting the Federal Government to produce the Forensic Audit Report on NNPC missing $20billion as prepared by PriceWaterCoopers, PWC, without any positive response, the...