The World Bank Group has launched XL Africa, a five-month business acceleration program designed to support the 20 most promising digital start-ups from Sub-Saharan Africa. Start-ups will receive...
The Bank of England has written to the UK's biggest financial firms, urging them to plan for "all eventualities" from the UK leaving the European Union. Bank governor Mark Carney said the "vast...
Halfway into an OPEC-led oil supply cut, Asia remains awash with fuel in a sign that the group's efforts to rein in a global glut have so far had little effect. The Organization of the Petroleum...
New York Stock Exchange (NYSE) with a Snap Inc. logo hunging on the front Snap Inc shares tumbled below $20 on Thursday for the first time since the company's $3.4 billion public listing after the...
Crude oil resumed a sharp decline and global equity markets rose on Friday after a robust U. S. jobs report drove home the strength of the world's biggest economy and set the stage for the Federal...
The company's shares fell more than 9 percent in premarket trading. Best Buy Co In (BBY. N), the No. 1 U.S. electronics retailer, reported an unexpected decline in holiday-quarter same-store sales on...
Wal-Mart Stores Inc (WMT. N) on Tuesday reported higher-than-expected U.S. sales, helped by more customer visits to its stores and accelerating online activity, and shares of the world's largest...
At Friday's close, Wal-Mart shares had risen 0.36 percent since the start of the year. Wal-Mart Stores Inc (WMT. N) on Tuesday reported higher-than-expected U.S. comparable sales, driven by higher...
U. S. food company Kraft Heinz Co (KHC.O) withdrew its proposal for a $143-billion merger with larger rival Unilever Plc (ULVR.L), the companies said on Sunday, raising questions about whether Kraft...
The companies did not provide details of the reason for ending the discussion in a statement. U. S. food company Kraft Heinz Co (KHC.O) has agreed to withdraw its proposal for a $143-billion merger...
Oil slipped on Friday, pressured by growing global stocks, while expectations that an oil output cut by producers might eventually balance the market helped to underpin prices. Brent crude futures...
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that major economies like the United States will soon be serving up large helpings of fiscal...
They typically seek to sell ownership of such assets at a big profit a few years after they invest. Insurance broker Aon PLC (AON. N) said on Friday it agreed to sell its benefits administration and...
Chief Executive Bob Iger said on Tuesday he is open to extending his term as the head of Walt Disney Co (DIS. N), offering investors a sign of potential stability at the media company as it reported...
Stock investors could have at least one less worry in the next earnings period: the suddenly limp U. S. dollar. The greenback, whose strong rally after the Nov. 8 U.S. election hit profits at many...
Government says it has inherited a budget deficit of around 10 percent of economic output, Finance Minister Ken Ofori-Atta told Reuters on Wednesday, double the 2016 target set by the previous...
U. S. stocks fell on Tuesday, dragged down by economic growth-sensible sectors, amid disappointing earnings and continued concern over the priorities of the Trump administration. Technology and...
Microsoft Corp’s (MSFT. O) market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology giant’s stock rose following another quarter of results that...
Alibaba Group Holding Ltd on Tuesday posted a 54 percent rise in third-quarter revenue, beating analyst estimates, helped by higher sales during its Single's Day shopping event and increased earnings...
Yahoo Inc on Monday reported better-than-expected quarterly profit and revenue, and said the sale of its core internet business to Verizon Communications Inc should be completed in the second...
