Business

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...

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...