Business

MasterCard Inc (MA.N), the world's second-largest debit and credit card company, posted a 14 percent rise in quarterly profit as more customers used cards to shop. The company's net income rose to $870 million, or 73 cents per share, for...

Sony Corp slashed its earnings guidance for the third time in a year on Thursday to barely 10 percent of its initial outlook as further losses from its PC exit cast a pall over its struggling electronics division. The steep...

AT&T Inc (T.N) has approached DirecTV (DTV.O) about a possible purchase of the satellite TV company, the Wall Street Journal reported, citing people familiar with the situation. A deal would likely be worth at least $40 billion, DirecTV's current market...

Boeing Co (BA.N) said it expects to finish flight testing its stretched 787-9 Dreamliner in the next two months and deliver it around mid-year, one of six new jets the world's biggest plane-maker aims to get into service by...

SAN FRANCISCO, April 30, (THEWILL) – An Oyo State High Court sitting in Ibadan, Tuesday postponed the re-arraignment of a former Oyo State Head of Service, Mrs. Kudirat Iyabo Adeleke and 11 others implicated in a N5.6 billion pension...

E-commerce giant eBay has said it is repatriating almost $9bn (£5.3bn) of its cash held overseas back to the US. The firm said the move, which will see it paying taxes of $3bn on the cash, would help it access...

Asian shares struggled on Wednesday, while the yen strengthened to session highs after the Bank of Japan's latest upbeat economic projections suggested no additional stimulus was on the near-term horizon. Overall, caution reigned ahead of the outcome of the Federal...

France's Alstom said on Wednesday it would review a binding offer from General Electric for its energy business by the end of May but left the door open for a competing bid from Germany's Siemens. The decision to give Siemens...

Twitter Inc reported lackluster user and usage growth for the second consecutive quarter on Tuesday, deepening investor concerns about its struggle to gain a mass following. Twitter's stock fell more than 10 percent after hours to $38.05, below its post-initial...

BEVERLY HILLS, CA, April 29, (THEWILL) – As confusion still surrounds the court order on the suit filed by the Petroleum Resources Minister, Mrs. Diezani Alison – Madueke, and the Nigerian National Petroleum Corporation (NNPC) seeking to stop the...