Business

BEVERLY HILLS, CA, April 28, (THEWILL) – A Federal High Court sitting in Abuja will Tuesday, continue hearing in the suit filed by the Petroleum Resources Minister Diezani Allison-Madueke and the Nigerian National Petroleum Corporation (NNPC) to stop the...

Asian shares wavered in choppy trade on Monday after an uninspiring performance on Wall Street and amid increasing tension in Ukraine, which kept risk appetite in check and helped bolster the safe-haven yen. Pro-Russian rebels paraded European monitors they are...

Toyota Motor Corp. (7203.T) will restructure its marketing organization in California, the company said on Sunday. Many of Toyota's more than 5,000 California-based employees are based at a complex outside of Los Angeles that houses the company's marketing operations, Toyota...

A British exit from the European Union could wreck London's position as the only financial center to rival New York and isolate the country's economy, research ordered by a lobby group for banks and money managers showed. Prime Minister David...

BEVERLY HILLS, CA, April 26, (THEWILL) – As the country’s power sector reforms continue in earnest, the Federal Government has unveiled a whopping $300 million risk guarantee incentive to woo prospective foreign investors into the sector. This, according to the...

Most of the thousands of shoe factory workers who staged one of China's biggest strikes over the past two weeks have returned to work after the company agreed to some of their core demands. Hong-Kong-listed Yue Yuen Industrial Holdings Ltd...

Wary of brokers who make their money by "riding the calendar" of new stock and bond issues rather than patiently building the firm's wealth management business, Morgan Stanley (MS.N) is cracking down where it hurts the most: compensation. Since April...

Heightened tension in Ukraine pushed world shares lower and lifted safe-haven European bonds on Friday, taking the shine off what looked set to be an earnings and M&A-driven week of gains for European and U.S. stocks. Trouble in Ukraine escalated...

Nokia (NOK1V.HE), which is set to close the sale of its phone business to Microsoft (MSFT.O), will on Tuesday name Rajeev Suri as its next CEO and outline its new strategy with a focus on its networks equipment business,...

Microsoft Corp's (MSFT.O) new chief executive got off to a winning start with Wall Street on Thursday as the world's largest software company eased past analysts' profit estimates despite the pressure of falling computer sales. Its shares rose almost 3...