Business

U.S. stocks rose at the open on Thursday as data pointed to a strengthening economy that appeared likely to overcome the impact of a steep drop in oil prices. The Dow Jones industrial average .DJI rose 67.33 points, or 0.38...

Fast food chain Burger King will avoid hundreds of millions of dollars in U.S. taxes if, as planned, it completes its pending buyout of Canadian coffee-and-doughnuts chain Tim Hortons, a tax activist group said on Thursday. In one of the...

SAN FRANCISCO, December 10, (THEWILL) –South Africa-owned MultiChoice has launched its new decoder, GOtv, in Warri, the commercial nerve centre of Delta State. Besides Warri, GOtv which had its footprints in over 30 cities within 20 states in the federation,...

Global demand for OPEC crude in 2015 will be less than expected and far below its current output, the group said on Wednesday, pointing to a hefty supply surplus without OPEC output cuts or a slowdown in the U.S....

British bank HSBC has dismissed its head of foreign exchange trading for Europe, Middle East and Africa, Stuart Scott, a source with knowledge of the decision said on Wednesday. "He has gone," the source said, adding that the move was...

First delivery of the new Airbus (AIR.PA) A350, scheduled for Saturday, Dec. 13, has been postponed and no new date has been set, the planemaker and the airline said on Wednesday. "We are working very closely with Qatar Airways to...

Oil prices skidded to fresh five-year lows on Tuesday, pressuring commodity-linked currencies and most Asian shares as a bout of risk aversion rippled through world markets. The urge for safety gave a rare boost to the Japanese yen which notched...

A 400-page report nearly three years in the making, released on Monday by the American Bankruptcy Institute’s Commission to Study the Reform of Chapter 11, laid out hundreds of recommended changes to law, some of which give companies more...

U.S. stock index futures dipped on Monday, indicating the S&P 500 may retreat from a record high, as soft data in China and Japan stoked global growth concerns. * Economic data showed China's exports rose at a slower than expected...

The Dow and S&P 500 closed a seventh straight weekly advance on Friday as a better-than-expected jobs report indicated strong economic growth, but perhaps to the point where interest rates could rise sooner than previously anticipated. Bank stocks and other...