Business

Samsung Electronics Co Ltd aims to use its $56 billion cash pile to fund growth including acquisitions, the tech giant's investor relations chief said, even as more shareholders clamor for bigger dividends. While the South Korean company's profit declined in...

Japan's economy rebounded from recession in the final quarter of last year but growth was weaker than expected as household and corporate spending disappointed, underlining the challenge premier Shinzo Abe faces in shaking off decades of stagnation. The annualized 2.2...

South Korea's Hyundai Motor Co (005380.KS) plans to spend around $1.8 billion by 2020 on a major offensive in commercial vehicles, including entering the race in the United States, to catch up with rivals in a rapidly growing global...

Swiss financial titans UBS and Credit Suisse are expanding their operations in provincial Poland in a cost-saving drive made more urgent by the surge in the value of the Swiss franc. Economic imperatives are forcing the banks to transfer some...

… As Pioneer CEO, Wiebe Boer, Becomes Director of Strategy At Heirs Holdings BEVERLY HILLS, February 16, (THEWILL) – The Board of Trustees of the Tony Elumelu Foundation has announced the appointment of Professor Reid E. Whitlock as Chief Executive...

...Urges Nigerians To Have Faith In Nation's Economy BEVERLY HILLS, February 16, (THEWILL) – President of Dangote Group and Chairman of Dangote Cement Plc, Aliko Dangote, has urged Nigerians to see the current economic challenges being faced by the country...

Activist Investor Carl Icahn thinks Apple Inc is already worth over $1 trillion but others on Wall St. think it will take a few more years for the iPhone maker's stock value to get there. With Apple's stock market value...

U.S. stocks edged higher at the open on Friday, with the S&P 500 within striking distance of its intraday record, buoyed by upbeat German growth data and ahead of a reading on U.S. consumer sentiment. Germany grew 0.7 percent in...

Alibaba Group Holding Ltd Executive Chairman Jack Ma urged employees to relax about U.S. lawsuits against the firm over possible failure to disclose information to investors, in a letter to staff posted on his official microblog on Friday. A series...

Oil prices rebounded more than $1 to $56 a barrel on Thursday, after a two-day decline, as a weakened dollar and industry spending cuts offset worries of a supply glut. Analysts at Sucden Financial pointed to a softer dollar boosting...