Business

Halliburton Co (HAL.N), the world's second-largest oilfield services company, on Monday reported a 17 percent rise in quarterly profit, lifted by especially strong performances in international markets such as Russia, Saudi Arabia and Angola. REUTERS

A few months ago, a group of Wall Street banks fashioned a risk-manager's worst nightmare to determine how they would survive. Luckily, it was all pretend. In a staged simulation called Quantum Dawn 2, bank executives in charge of operations,...

The S&P 500 closed at a record high for the second straight day on Friday to cap its biggest weekly gain in three months as stronger-than-expected earnings from Google, Morgan Stanley and others overshadowed worry that earnings growth was...

The Multi Commodity Exchange of India Ltd (MCEI.BO) said on Saturday its managing director and chief executive officer, Shreekant Javalgekar, had submitted his resignation from the company, in which Financial Technologies (FITE.NS) holds a 26 percent stake. It did not...

Expectations the Federal Reserve will keep its stimulus in place for longer following the confidence-sapping U.S. fiscal impasse pushed world shares to a five-year high and the dollar to an eight-month low on Friday. An acceleration in China's giant economy...

General Electric Co (GE.N) said on Friday that third-quarter profit and revenue fell, mainly due to its shrinking finance business and the negative effects of foreign currency. However, the U.S. industrial conglomerate posted a record backlog of orders and said...

Honeywell International Inc (HON.N), which makes airplane cockpit parts and a host of other electronics and equipment, reported a 4 percent increase in quarterly profit on Friday. The company posted third-quarter net income of $990 million, or $1.24 per share,...

An investigation by Indian authorities into whether Wal-Mart Stores Inc violated local investment rules in 2010 has been referred to the country's central bank, officials familiar with the matter said. Last year, the Reserve Bank of India asked the enforcement...

SAN FRANCISCO, October 17, (THEWILL) –  Major brands have continued to explore the power of innovation to maintain a competitive position among their peers globally. Brands such as Apple, Samsung, Coca-Cola, Unilever, Google, Intel, Toyota and a host of...

The trading arm of Nigeria's state oil company has suspended gasoline imports, market sources in the region said, after over-buying in the wake of a fuel subsidy scandal last year. Gasoline gluts have occurred in the past off Nigeria, but...