Business

Twitter Inc reported its slowest pace of user growth during the fourth quarter, dashing hopes the social media phenomenon can sustain its torrid pace of expansion and wiping out more than 10 percent of its value on Wednesday. The company...

Ford Motor Co. (F.N) will halt production at its Romanian car factory for four days in February because of low demand, officials of the U.S. carmaker were quoted as saying on Wednesday. Ford took over struggling local carmaker Automobile Craiova...

Asian shares struggled to sustain the slimmest of rallies on Wednesday as a hesitant performance by the Japanese market fuelled fresh demand for safety in the yen and top-rated bonds. Dealers had cautioned that the mood remained brittle and it...

Target Corp's decision to speed up a $100 million program to adopt the use of chip-enabled smart cards is just a drop in the bucket when it comes to what retailers need to do to defend themselves against future...

BEVERLY HILLS, February 04, (THEWILL) – Guaranty Trust Bank plc (GTBank), one of Nigeria’s most capitalized banks has acquired a 70% stake in Fina Bank Group following regulatory approvals in three East African countries – Kenya, Rwanda, Uganda and...

Facebook Inc. reached a key milestone last quarter when more than half of its advertising revenue came from mobile devices. The stock rose as much as 16 percent to $62.30 in New York on Thursday. The surge followed quarterly results...

World shares slumped to a near four-month low on Tuesday as signs the U.S. economy was stuttering compounded already frayed nerves following a sharp sell-off in emerging markets. A weaker-than-expected report on U.S. factory activity hurt global equity markets and...

As Microsoft Corp prepares to unveil insider Satya Nadella as its new chief executive, investors and analysts are weighing how effective the 22-year veteran will be in re-igniting the company's mobile ambitions and satisfying Wall Street's hunger for cash. The...

Toyota Motor Corp (7203.T) raised its operating profit forecast for the financial year by 9 percent to a record 2.4 trillion yen ($23.7 billion) as the yen, which has fallen against the dollar by some 9 percent this financial...

Switzerland's UBS (UBSN.VX) swung to a larger-than-expected fourth-quarter profit on Tuesday and announced higher dividends and bonuses, some reward for bucking trends to shrink its investment bank and reduce riskier activities. Shares were up 3 percent, but the Zurich-based group...