Business

Brent crude oil futures held above $48 a barrel on Thursday as investor inflows offset data showing that U.S. crude stocks had hit a record high. By 0928 GMT on Thursday, U.S. crude CLc1 was trading at about $44.50 a...

Qualcomm Inc (QCOM.O) reduced its outlook for fiscal 2015, saying it expects its newest Snapdragon mobile chip will not be used in a major customer's flagship smartphone, sending its shares lower. The San Diego, California, company also warned that "challenges"...

BEVERLY HILLS, January 28, (THEWILL) – There appears to be no end yet to the ongoing war of words between the former governor of Central Bank of Nigeria (CBN), Prof. Charles Soludo, and officials of President Goodluck Jonathan Presidential...

U.S. stocks rose at the open on Wednesday, boosted by earnings from Apple and Boeing, but focus could shift later in the day to the Federal Reserve's first two-day policy meeting of the year. The Dow Jones industrial average .DJI...

Apple Inc (AAPL.O) quarterly results smashed Wall Street expectations with record sales of big-screen iPhones in the holiday shopping season and a 70 percent rise in China sales, powering the company to the largest profit in corporate history. The company...

Chevron Corp (CVX.N) said it would work with BP Plc (BP.L) and ConocoPhillips (COP.N) to explore and appraise 24 jointly held offshore leases in deepwater Gulf of Mexico. Chevron will be the operator of the leases in the northwest part...

A China regulator has accused Alibaba Group Holding Ltd (BABA.N) of failing to clean up what it called illegal business deals on the e-commerce titan's platforms, in an unusually strong government criticism of one of the country's biggest private...

...Commercial banks regularly halting naira trade ...Banks insist they want transparent, open FX market ...Plunging crude has pushed currency to record lows Wrapping up a monetary policy speech last week, Nigerian central bank governor Godwin Emefiele declared that the naira, which has...

Taiwan's Foxconn Technology Group, the world's largest contract electronics manufacturer, will cut its massive workforce, the company told Reuters, as the Apple Inc (AAPL.O) supplier faces declining revenue growth and rising wages in China. Under its flagship unit Hon Hai...

U.S. stock index futures fell on Tuesday, weighed by company earnings results including those of sector bellwethers Microsoft and Caterpillar. * Concerns lingered over Greece's new anti-bailout government and its implications for the euro zone. The leftist government that came...