Business

Time Warner Inc reported better-than-expected quarterly revenue and profit, helped by higher subscription fees for channels offered by its Turner Broadcasting and Home Box Office businesses. Shares of the company, which also raised its adjusted profit growth forecast for 2014,...

Alibaba Group Holding (BABA.N) was by far the most active stock of Tuesday's premarket session, with almost 2 million shares changing hands after the Chinese e-commerce giant reported its first quarterly results as a public company. The stock was last...

The U.S. National Highway Traffic Safety Administration said on Monday it will examine whether Honda Motor Co Ltd (7267.T) failed to report deaths or injuries involving air bags that are now part of a sweeping federal review. Regulators gave Honda...

European shares were mixed and core bonds outperformed on Tuesday after the European Commission cut its growth forecasts, offsetting a positive string of company earnings as oil prices extended their fall. The Commission's new outlook indicated the euro zone would...

Skye Bank Plc has completed the purchase of 100 percent shares of Mainstreet Bank from the Asset Management Corporation of Nigeria (AMCON). The last tranche of the money for Mainstreet Bank acquisition was paid to AMCON on Friday, October 31...

The dollar powered to a seven-year peak against the yen and a two-year high against the euro on Monday, extending gains after the Bank of Japan's latest stimulus and punishing oil and gold priced in the U.S. currency. The BOJ's...

Alibaba Group Holding Ltd's (BABA.N) first full quarterly report card to Wall Street investors on Tuesday will be scrutinized by the hopeful seeking validation for lofty stock price targets and studied by the few skeptics searching for inauspicious signs. Coming...

Apple Inc (AAPL.O) is planning an investor call on Monday ahead of a potential bond sale, the Wall Street Journal reported, citing a banker working on the deal. Deutsche Bank AG (DBKGn.DE) and Goldman Sachs Group Inc (GS.N) are arranging...

The prolonged and troubled Nigeria asset sale by American international oil company, Chevron, appears to have taken a new twist, as it has emerged that the oil major surreptitiously wrote separate letters on October 9 and October 14, 2014 to...

SAN FRANCISCO, November 02, (THEWILL) – In a move that will raise the stakes in the rapidly evolving Nigerian cement market, leading cement manufacturer, Dangote Cement Plc has announced huge cuts in the price of the essential product. A step...