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Morocco Recalls Ambassador To Nigeria Over Phone Call Row

SAN FRANCISCO, March 11, (THEWILL) – The Moroccan government is recalling its ambassador to Nigeria after relations between both countries turned frosty following claims and counter claims by both nations that Nigeria’s President Goodluck Jonathan was trying to use...

Jurors Hit Robin Thicke And Pharrell Williams With $7.4-Million Verdict

A Federal jury found Tuesday that the 2013 hit song "Blurred Lines" infringed on the Marvin Gaye chart-topper "Got to Give It Up," awarding nearly $7.4 million to Gaye's children. Jurors found against singer-songwriters Pharrell Williams and Robin Thicke, but...

Iraqi Forces Push Into Tikrit From North And South

Iraqi security forces and militias fought their way into Saddam Hussein's home city of Tikrit on Wednesday, advancing from the north and south in their biggest counter-offensive so far against Islamic State militants. The provincial governor said the army and...

Russia Says Has Right To Deploy Nuclear Weapons In Crimea: Report

Russia has the right to deploy nuclear arms in the Black Sea peninsula of Crimea, which Moscow annexed from Ukraine last year, a Foreign Ministry official said on Wednesday, adding he knew of no plans to do so. "I don't...

Futures Imply Slightly Higher Open In Wake Of Selloff

U.S. stock index futures pointed to a slightly higher open on Wednesday, implying a modest rebound from a sharp decline in the previous session, though questions remain about when the Federal Reserve would adjust its rate policies. Wall Street fell...

Euro Dives Under $1.06 For First Time Since 2003 As Quantitative Easing Bites

The battered euro took another plunge toward parity with the dollar on Wednesday, shedding over 1 percent to trade below $1.06 for the first time in 12 years as a 1.1 trillion euro bond-buying program began to bite. The European...

Exclusive: UBS Poaches Bank Of Montreal Oil Banking Team – Sources

UBS AG has poached a U.S. team of some 15 oil and gas investment bankers from Bank of Montreal (BMO), significantly weakening the energy dealmaking capacity at Canada’s fourth-largest bank, people familiar with the matter said. The moves come amid...

Investors See Higher Yields As U.S. Jobs Data Resets Fed Calculus

Before last Friday, many investors opined that the U.S. Federal Reserve would probably raise interest rates only once this year. Making the first hike in about nine years would be almost symbolic, as if the central bank was showing...

U.S. Banks’ Buybacks, Dividends May Be No Reason For Shareholder Celebrations

Big U.S. banks, including JPMorgan Chase & Co (JPM.N) and Citigroup Inc (C.N), are expected to win Federal Reserve backing on Wednesday to buy back more shares and increase their dividends in the coming year, but the approvals may...

Senate Confirms Obanikoro As Minister

BEVERLY HILLS, March 11, (THEWILL) – The Senate Wednesday confirmed Ambassador Musiliu Obanikoro as Minister of the federal republic despite protests from senators of the main opposition party, All Progressives Congress (APC), who staged a walkout in protest. APC senators have...

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