Business

The European Union accused Google Inc on Wednesday of cheating consumers and competitors by distorting Web search results to favor its own shopping service, after a five-year investigation that could change the rules for business online. It also launched another...

Bank of America Corp, the No. 2 U.S. bank by assets, reported a better-than-expected first-quarter profit, reversing from a year-earlier loss, as legal costs fell steeply and the bank earned more from mortgage lending. BofA reported a surprise loss in...

Nokia is to buy Alcatel-Lucent in an all-share deal that values its smaller French rival at 15.6 billion euros ($16.6 billion), building up its telecom equipment business to compete with market leader Ericsson. Nokia's takeover of Alcatel-Lucent will redefine a...

Brent oil rose to $59 a barrel on Wednesday amid Middle East tension and signs of a dip in U.S. production, but gains were capped after the International Energy Agency (IEA) said supplies might take longer to tighten than...

BEVERLY HILLS, April 14, (THEWILL) – The President-Elect, Gen. Muhammadu Buhari, has been asked to do all within his power to address the alleged fraud at the Nigerian National Petroleum Corporation (NNPC) as part of his resolve to strengthen...

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...