Business

GT Advanced Technologies Inc (GTATQ.PK) said it reached an agreement with Apple Inc (AAPL.O) under which it will stop making sapphire materials and focus on supplying equipment to make sapphire crystals. GT said it would be released from all exclusivity...

Caterpillar Inc (CAT.N) shares jumped more than 6 percent in premarket trading after the company reported a stronger-than-expected quarterly profit and boosted its 2014 profit outlook, citing strong demand for its products in North America. Excluding restructuring costs, Caterpillar said...

SAN FRANCISCO, October 22, (THEWILL) – Son of former Head of State, Risqua Murtala Mohammed, has said that there were ulterior motives in the orchestrated widespread media reports, of a routine commercial dispute between his company and the Guaranty...

U.S. stocks edged higher on Wednesday, with major indexes up for a fifth straight day as technology companies rallied again on strong results. With the session's advance, which builds on a jump of about 2 percent on Tuesday, the S&P...

U.S. consumer prices rose marginally in September, painting a weak inflation picture that should give the Federal Reserve ample room to keep interest rates low for a while. The Labor Department said on Wednesday its Consumer Price Index edged up...

Boeing Co (BA.N) reported an 18 percent increase in quarterly profit and raised its full-year core earnings forecast for the third time, reflecting booming commercial aircraft demand and increasing profitability in its defense business. But shares of the Chicago-based aerospace...

French oil major Total (TOTF.PA) on Wednesday appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman. The nominations at the head of the world's fourth-largest integrated oil company came less than 48 hours...

A top Toyota Motor Corp (7203.T) executive said on Wednesday the Japanese automaker has no plans to abandon Takata Corp (7312.T) despite the supplier's struggles with air bag inflators that could rupture and spray metal shrapnel at vehicle occupants. U.S....

Apple Inc (AAPL.O) forecast a strong holiday quarter after a better-than-expected 16 percent jump in iPhone sales, and the strongest growth in Mac computer shipments in years helped the company surpass Wall Street's targets. The company on Monday projected stronger-than-expected...

Asian shares stuttered after giving up small gains on Tuesday, as modest relief on data showing the Chinese economy grew slightly more than expected failed to assuage lingering concerns of weakening momentum in the world's second-biggest economy. China's gross national...