Business

ConocoPhillips, the largest U.S. independent oil company, on Thursday reported a higher third-quarter profit as results were lifted by the sale of its Nigerian business. Profit was $2.7 billion, or $2.17 per share, compared with $2.5 billion, or $2.00 per...

U.S.-listed shares of major European banks were among the biggest movers of the premarket session on Thursday, continuing to see weakness ever since the results of the European Central Bank's stress tests were published over the weekend. The Euro STOXX...

Samsung Electronics Co Ltd (005930.KS) on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The global...

The dollar surged to a three-week high, bond yields rose and gold fell on Thursday after the U.S. Federal Reserve ended its six-year quantitative easing bond-buying program. The decision was widely expected, but a relatively hawkish tone to the accompanying...

A robust pace of business spending likely buoyed U.S. economic growth in the third quarter, a sign corporate chieftains have confidence in the sustainability of the recovery. Gross domestic product likely grew at a 3.0 percent annual pace, according to...

U.S. stocks were little changed on Wednesday as a drop in basic materials shares offset gains in the energy sector, with traders looking ahead to a statement from the U.S. Federal Reserve as it winds down its stimulus program. The...

Fiat Chrysler Automobiles NV's Chrysler Group said on Wednesday it is recalling 381,876 Ram trucks mostly in the United States to correct a potential fire hazard. Chrysler said in a statement that problems with 2010-2014 Ram 2500 and 3500 pickups...

Another day, another quarterly report from a technology company that disappointed investors. Facebook Inc's shares fell as much as 7.4 percent to $74.78 in early trading on Wednesday, a day after the company revealed aggressive spending plans for 2015. But analysts...

SAN FRANCISCO, October 28, (THEWILL) – President Goodluck Jonathan Tuesday approved Mr. Bernard O.N. Otti, as the new Deputy Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), a new position created “In furtherance of ongoing efforts to...

Alibaba Group Holdings Ltd (BABA.N) executive chairman Jack Ma said he's open to working with Apple Inc (AAPL.O) on mobile payments, as China's richest person prepares to call on Hollywood this week in search of media partners. Alibaba affiliate Alipay...