Business

A small group of Japanese tech-addicts lined up in Tokyo to become the first to buy the Apple Watch from select stores on Friday, but there was no sign of the frenzy that usually accompanies Apple Inc product rollouts. So...

Samsung Electronics (005930.KS) has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the latest iPhones throw an uneasy spotlight on the long-term cost of fighting Apple's (AAPL.O) premium branding. The 64-gigabyte model...

Oil prices dipped under $62 a barrel on Wednesday after industry data showed a build in U.S. crude inventories for the 15th straight week, adding to concerns of a global supply glut. The American Petroleum Institute (API) said on Tuesday...

Swedish truckmaker Volvo (VOLVb.ST) named Martin Lundstedt, the head of rival Volkswagen-owned (VOWG_p.DE) Scania as its chief executive on Wednesday, replacing embattled Olof Persson who has led a sweeping efficiency drive. Volvo, vying for dominance of the truck market with...

Aircraft engine maker Rolls-Royce (RR.L) has turned to one of Britain's most successful technology executives, Warren East, to restore its fortunes after a year marred by falling profit, job cuts and canceled orders. The British company's surprise announcement on Wednesday...

Britain's markets regulator has fined Bank of America Merrill Lynch a record 13.2 million pounds ($20 million) for failing to report transactions properly over seven years. The Financial Conduct Authority (FCA) said on Wednesday that Bank of America's Merrill Lynch...

SAN FRANCISCO, April 21, (THEWILL) – The President-elect, General Muhammadu Buhari, has requested the Economic Community of West African States (ECOWAS) to support the candidacy of Dr. Akinwunmi Adesina as the next president of the African Development Bank (AfDB). General...

Members of the Organization of the Petroleum Exporting Countries (OPEC) should prepare for extra Iranian crude production when Western sanctions on Tehran are lifted, Iran's oil minister was quoted on Tuesday by state news agency IRNA as saying. "We expect...

China's stock trading fever has made the Shanghai Stock Exchange the world's biggest in terms of turnover, surpassing the New York Stock Exchange, but the explosion in volumes has exceeded the ability of the exchange's software to report it. The...

Global lenders' negotiations with Greece, which have been moving at a crawl recently, have gained some momentum but remained a long way from the finish line, the International Monetary Fund's European head told a German newspaper. Athens has been stuck...