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Monte Dei Paschi Bolsters European Stocks, ECB Looms

European shares followed Asian stocks higher on Wednesday, buoyed by reports Italy would step in to rescue troubled bank Monte dei Paschi and expectations the European Central Bank would extend its bond-buying stimulus scheme this week. Italian government bond yields...

Staples To Sell Controlling Stake In European Unit To Cerberus

Office supplies retailer Staples Inc (SPLS.O) said on Wednesday it would sell its controlling stake in its European business to an affiliate of private equity firm Cerberus Capital Management LP to focus on its North American operations. Staples' European unit...

Exclusive: UK’s Lower House Would Back Triggering EU Divorce Talks – Reuters Research

While the British government tries to prevent parliament voting on its plan to trigger the country's exit from the European Union, Reuters research indicates the lower house would in fact support its move, based on lawmakers' recent statements. Prime Minister...

Britain Fines Pfizer Record $107 Million For Huge Drug Price Hike

Britain's competition watchdog has fined Pfizer (PFE.N) a record 84.2 million pounds ($107 million) for its role in ramping up the cost of an epilepsy drug by as much as 2,600 percent. The Competition and Markets Authority (CMA) also fined...

Sony To Release Six Smartphone Games To Accelerate Mobile Drive

Japan's Sony Corp (6758.T) will release as many as six smartphone games in the next financial year, hoping that its own gaming franchises can replicate the success of console rival Nintendo Co's (7974.T) Pokemon GO. The upcoming titles will free...

Nigeria Must Resolve Forex Policy To Get Out Of Recession – AfDB President, Adesina

BEVERLY HILLS, December 07, (THEWILL) - The President of the African Development Bank, AfDB, Mr. Akinwumi Adesina has noted that there were still problems in Nigeria’s foreign exchange, forex market, which must be sorted out, stressing that this must...

Okonjo-Iweala Distances Self From 2019 Campaign Poster, Political Speculation

BEVERLY HILLS, December 07, (THEWILL) - A former Minister of Finance, Dr Ngozi Okonjo-Iweala has debunked media reports and speculations presenting her as nursing an ambition to run for the 2019 presidential election, stating that she is busy with...

NYSC Concludes Investigation Into Corps Member’s Death, Report Says Ifedolapo Oladepo ‘Had Untreated UTI’

BEVERLY HILLS, December 07, (THEWILL) - The Director-General of the National Youth Service Corps, NYSC, Brig.-Gen. Sule Kazaure, on Tuesday disclosed that the corps member, who died last week in Kano State, Oladepo Ifedolapo Rachel, was a patient of...

You Can’t Kill People And Say ‘Allahu Akbar’ – Buhari Swipes At Terrorists

BEVERLY HILLS, December 06, (THEWILL) - President Muhammadu Buhari has told terrorists that “you can’t kill people and say Allahu Akbar” insisting that the end of Boko Haram terrorists was in sight. The President gave the assurance in Dakar, Senegal,...

OPINION: “WHAT DOES SOYINKA WANT?”

On my way to work this morning, one man asked: “What does this Soyinka want?” Sitting beside him in the same bus, I couldn’t immediately provide a reply. One thing I was sure of was that this man was...

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