Business

Global banks expect to increase base salaries by less than 3 percent this year and most are not planning to overhaul their pay structure in the face of tougher European Union rules on bonuses, a survey reported on Thursday. Salary...

Samsung Electronics Co Ltd (005930.KS) is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings on Thursday, a day after rival Apple Inc (AAPL.O) reported the biggest profit in corporate history. The...

Facebook Inc's (FB.O) revenue grew 49 percent in the fourth quarter, as mobile advertising growth helped the world's largest Internet social network beat Wall Street's targets for earnings and sales. But revenue growth was the weakest since the start of...

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...