Business

New rules aimed at making derivatives markets safer and more transparent need tweaking to stop the $690 trillion global market splitting up, a top American regulator said on Friday. Several shallower pools of trading are emerging in what had been...

After two years of popping up at high-profile events sporting Google Glass, the gadget that transforms eyeglasses into spy-movie worthy technology, Google co-founder Sergey Brin sauntered bare-faced into a Silicon Valley red-carpet event on Sunday. He'd left his pair in...

Wal-Mart Stores Inc (WMT.N) reported a 2.9 percent increase in third-quarter revenue, helped by strong sales at its small format 'Neighborhood Market' stores. Net profit attributable to Wal-Mart fell 0.4 percent to $3.71 billion, or $1.15 per share, for its...

Honda Motor Co (7267.T) said on Thursday that a driver in Malaysia died in July after being hit by shrapnel from an air bag supplied by Takata Corp (7312.T) - the fifth such fatality and the first outside the...

Switzerland's public prosecutor has opened criminal investigations into several individuals over alleged manipulation in the foreign exchange market, becoming the third country to do so after the United States and Britain. A spokeswoman for the prosecutor did not disclose how...

London (AFP) - Royal Dutch Shell said Thursday that two 2008 oil spills in Nigeria were larger than earlier thought, ahead of a compensation court case in England's High Court. The Anglo-Dutch energy giant's Nigerian arm said in a statement...

...As Elumelu Urges Corporate Africa To Take Up The Challenge BEVERLY HILLS, November 12, (THEWILL) – The United Bank for Africa (UBA) Board Chairman, Tony O Elumelu, has announced the donation of $1million, to assist the fight against Ebola, currently present in...

Global regulators imposed penalties totaling $3.4 billion on five major banks, including UBS (UBSN.VX), HSBC (HSBA.L) and Citigroup (C.N) on Wednesday for failing to stop their traders from trying to manipulate foreign exchange markets. Royal Bank of Scotland (RBS.L) and...

Apple Inc (AAPL.O) was ordered to face a U.S. federal lawsuit claiming it failed to tell consumers that its messaging system would block them from receiving text messages if they switched to Android-based smartphones from iPhones. U.S. District Judge Lucy...

Microsoft Corp (MSFT.O) said it would roll out its Lumia 535 smartphone this month with an affordable price tag in its key markets, dropping the Nokia name just months after buying the Finnish company's handset business. Loaded with its latest...