Business

Allegations that Chinese authorities hacked into Microsoft Corp's (MSFT.O) Outlook email service are "groundless slander", the official Xinhua news agency quoted Beijing's cyberspace regulator as saying late on Thursday. The comments, made by the Cyberspace Administration of China (CAC) spokesman...

BEVERLY HILLS, January 22, (THEWILL) – The Nigerian naira Thursday continued its free fall against the dollar at the foreign exchange bureaus, closing at N206-$1 United States dollar. The naira had sold for between N193 – N194 earlier in...

EBay Inc's plans to break up into three different companies could accommodate would-be suitors, signaling a potential merger fight after the breakup. The company plans to spin off its payments division, PayPal, from its core marketplace division in the second...

Most U.S. states expect to hit their revenue targets this fiscal year, but at least six states say they could fall short, the National Conference of State Legislatures said on Wednesday. All states except Vermont must end their fiscal years...

A surprise move by the Bank of Canada to cut interest rates on Wednesday could reignite Canada's housing market and renew fears of a bubble, just as the market had finally begun to cool after a five-year run to...

BEVERLY HILLS, January 21, (THEWILL) – United Capital Plc. Wednesday released its authoritative and eagerly anticipated Nigerian Economy and Financial Markets 2015 report. The report provides a detailed review of the Nigerian market in 2014 with projections for 2015,...

International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of...

Netflix Inc's faster-than-expected rollout in overseas markets surprised many analysts, who scrambled to raise their price targets on the stock. Shares of the video streaming service, which reported stronger-than-expected quarterly results on Tuesday, were set to open about 18 percent...

U.S. stocks opened higher on Tuesday as lower growth forecasts from the International Monetary Fund spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement. The Dow Jones industrial average rose 32.82 points, or 0.19...

With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world’s second-most populous nation if it were a country. While its users may populate only a virtual country, Facebook says it generates a lot of...