Business

Boeing Co reported an 8 percent increase in quarterly revenue, helped by a rise in commercial aircraft deliveries. Revenue rose to $20.47 billion for the first quarter ended March 31 from $18.89 billion a year earlier. Commercial aircraft deliveries rose 18...

Chinese factory activity shrank for the fourth straight month in April but private businesses across the euro zone enjoyed their best month in nearly three years, surveys showed on Wednesday. Within the euro zone, Germany - Europe's largest economy -...

U.S. investment fund BlackRock (BLK.N) has lowered its stake in Italian lender Banca Monte dei Paschi di Siena (BMPS.MI) to 3.23 pct from 5.75 percent, according to a filing published by market regulator Consob on Wednesday. The sale took place...

Nigeria has awarded most of its long-term oil contracts worth an estimated $40 billion a year to local companies, according to a confidential list seen by Reuters, meaning global traders need to partner with them to access crude from...

GOVERNOR EMMANUEL UDUAGHAN OF DELTA STATE (L) CONGRATULATING CHAIRMAN, DELTA STATE PENSION BOARD, MRS. PATIENCE IKOMI (R) SHORTLY AFTER TAKING OATH OF OFFICE AS THE CHAIRMAN OF THE BOARD DURING THEIR INAUGURATION BY THE STATE GOVERNOR HELD IN GOVERNMENT...

General Motors Co filed a motion in a U.S. court to enforce an injunction contained in its sale order, which GM says bars plaintiffs from suing the reorganized company for any claims related to its predecessor. "May New GM be...

Swiss drugmaker Novartis is transforming its business by exchanging certain assets with GlaxoSmithKline and divesting its animal health business to Eli Lilly in deals worth billions of dollars. The revamp, announced on Tuesday, is the result of a keenly awaited...

M&A talk in the pharmaceutical sector lifted European shares on Tuesday, but failed to support the euro, which held at a two week low against the dollar on rising expectations of further policy easing by the European Central Bank. China's...

Nokia said on Monday it expects the sale of its handset business to Microsoft to be finalized on April 25, as it had received all the required regulatory approvals. The closure of the 5.4 billion euro ($7.5 billion) deal, which...

Domestic and offshore investors in Nigeria’s bond market may choose to hold on to cash rather than invest in bonds, as a result of apprehentions about the political environment in election year 2015, analysts say. Recently, Standard and Poor’s (S&P)...