Business

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...

South Korea's Hyundai Motor (005380.KS) missed analyst estimates by posting first-quarter net profit that was almost identical to a year earlier, as lackluster U.S. performance offset increased sales in China and Korea. Shares of Hyundai fell over 2 percent after...

Canon Inc (7751.T) raised its full-year operating profit target by a slight 1.4 percent after strong sales of office copiers and printers in the first quarter. Canon, the world's biggest camera maker, said in its quarterly earnings statement it expects...

Apple Inc has approved another $30 billion in share buybacks till the end of 2015 and authorized a rarely seen seven-for-one stock split, addressing calls to share more of its cash hoard while broadening the stock's appeal to individual...

SAN FRANCISCO, April 23, (THEWILL) – The Nigerian National Petroleum Corporation (NNPC) on Wednesday expressed its readiness to reinvigorate and increase the domestic consumption of the liquefied natural gas otherwise known as cooking gas across the length and breadth...