Business

Daimler (DAIGn.DE), maker of Mercedes-Benz and Smart-branded cars, said deliveries rose 11.4 percent in 2014, to a record 1,739,854 cars, thanks to a 30 percent sales jump in China and 25 percent higher registrations of Mercedes compact cars. For Mercedes,...

Oil held above $51 a barrel on Thursday, supported by a surprise drop in U.S. inventories, as bulls and bears searched for a floor to the market's second-biggest rout. Crude halted a four-session decline on Wednesday after U.S. crude stockpiles...

Global smartphone leader Samsung Electronics Co Ltd on Thursday confirmed expectations for its first annual profit decline since 2011, although a pickup in the fourth quarter hinted that earnings may have stabilized in the short term. The South Korean tech...

Standard Chartered chief executive Peter Sands moved aggressively on Thursday to reverse the Asia-focused lender's fortunes by closing the bulk of its global equities business and announcing 4,000 job losses in retail banking. The bank said it is dismantling its...

Chinese President Xi Jinping pledged on Thursday $250 billion in investment in Latin America over the next 10 years as part of a drive to boost resource-hungry China's influence in a region long dominated by the United States. Leaders of...

BEVERLY HILLS, January 07, (THEWILL) – Finance Minister, Dr. Ngozi Okonjo-Iweala has responded to claims made by controversial former President, General Olusegun Obasanjo that the President Goodluck Jonathan administration has squandered the nation’s foreign reserves as well as funds...

The euro hit a nine-year trough on Wednesday as collapsing oil prices and worries about the world economy drove skittish investors into the arms of safe-haven sovereign debt. From Japan to Germany to Australia, government borrowing costs fell to all-time...

Intel Corp (INTC.O) Chief Executive Brian Krzanich showed off a computer built into a jacket button and a wristband that transforms into a selfie-snapping flying camera, as the chipmaker extends its push into smart wearable gadgets. Speaking at the Consumer...

As if plummeting oil prices were not giving energy companies enough to worry about in 2015, Wall Street has turned against the sector, with stock analysts slashing earnings estimates. Despite a 23 percent drop in the S&P 1500 energy sector...

Shell Petroleum Development Company (SPDC) has finally agreed to pay £55 million in compensation for what it described as the two regrettable oil spills that occurred in Bodo community in Gokana Local Government Area of Rivers State in 2008,...