Business

Boeing and United Technologies have been amassing titanium parts from Russian producer VSMPO-Avisma in case tensions between the United States and Russia disrupt supply of the metal critical to building jetliners, the Wall Street Journal reported, citing an industry...

…As Bilateral Trade Volume Hits $36 bn SAN FRANCISCO, August 07, (THEWILL) – President Goodluck Jonathan said Wednesday in Washington DC that the volume of trade between Nigeria and the United States, which has risen to a record level of $36...

MTN Group Ltd. (MTN) first-half profit increased and data revenue soared while Africa’s largest wireless operator said it’s in advanced talks to sell its tower business in Nigeria. Headline earnings per share, which exclude one-time items, rose 9 percent to...

The number of Americans filing new claims for unemployment benefits unexpectedly fell last week, pointing to a further strengthening of labor market conditions. Initial claims for state unemployment benefits decreased by 14,000 to a seasonally adjusted 289,000 for the week...

U.S. stocks were set to rise at the open on Thursday following upbeat labor market data, amid a backdrop of a sanctions confrontation between Russia and the West that highlighted the relative strength of the U.S. economy. The number of...

The European Central Bank left interest rates unchanged on Thursday, holding off fresh policy action as it prepares to launch fresh funding for banks next month that it hopes will lift inflation from rock-bottom levels. The decision to leave rates...

Sprint Corp (S.N) has dropped its bid to acquire No. 4 U.S. carrier T-Mobile U.S. Inc (TMUS.N) after regulatory resistance showed no signs of softening despite months of lobbying, people familiar with the matter told Reuters. The move is a...

Samsung Electronics Co Ltd (005930.KS) and Apple Inc (AAPL.O) said they had agreed to drop all patent litigation outside the United States, scaling down a protracted legal battle between the smartphone rivals. The iPhone and Galaxy handset makers issued nearly...

A Chinese anti-trust regulator conducted new raids on Microsoft Corp (MSFT.O) and partner in China Accenture PLC (ACN.N), the agency said on its website on Wednesday, after saying last week Microsoft is under investigation for anti-trust violations. The State Administration...

Rupert Murdoch's Twenty-First Century Fox (FOXA.O) decided to pull its $80 billion offer to buy Time Warner Inc (TWX.N) on Tuesday, abandoning plans to create one of the world's largest media conglomerates. The surprise announcement appeared to cut short what...