Business

The number of Americans filing new claims for unemployment benefits fell more than expected last week, suggesting that a sharp slowdown in job growth last month was probably an aberration. While other data on Thursday showed housing starts declined in...

Apple Inc (AAPL.O) is still awaiting a critical license from Chinese regulators before it can sell its new iPhone 6 in one of the company's most important markets. The official Xinhua news agency said on Thursday that Apple's new iPhone...

The U.S. Federal Reserve's outlook for rising interest rates had already illustrated the diverging path from other advanced economies but it was underscored even more firmly in Europe as the ECB opened its liquidity taps again. Lackluster demand for the...

EBay has been compromised so that people who clicked on some of its links were automatically diverted to a site designed to steal their credentials. The spoof site had been set up to look like the online marketplace's welcome page. The...

General Mills Inc reported lower-than-expected quarterly profit and revenue as the maker of Cheerios cereal and Betty Crocker cake mixes lost further ground to cheaper store-branded foods amid rising demand for alternative breakfast options. The company's shares fell as much...

Global shares and commodity prices rose on the reported move, although local money market rates climbed on the day, reflecting continued tightness in liquidity. The Wall Street Journal, citing an unnamed Chinese bank executive, said the People's Bank of...

BEVERLY HILLS, September 16, (THEWILL) - United Bank for Africa (UBA) Plc in partnership with Verve International has launched an offer tagged “UBA Verve Rewards” in which Cardholders could win e-cash, free airtime, Nokia mobile phones and up to N35,...

Energy shares were trading higher on Wall Street Tuesday, putting the S&P energy index .SPNY on track for a second straight day of gains as oil prices showed signs of stabilizing. Brent crude LCOc1 climbed above $98 after hitting a...

Alibaba Group's options will be listed on International Securities Exchange Holdings' options exchanges on September 29 pending the company's public sale of shares, an ISE spokesman said on Tuesday. The Chinese e-commerce company is expected to sell shares to the...

Opel Group, the European arm of General Motors (GM.N), is cutting production and shedding around 500 jobs in Russia, hit by the weak Russian rouble and a plunge in local demand due to a slowing economy and Western sanctions. Opel...