Business

Alibaba Tells Vendors To Halt Drug Sales Online, Cites Government Rule Change

Chinese e-commerce firm Alibaba Group Holding Ltd has told vendors on its Tmall website to stop selling medicine, saying a local regulator has issued...

Data Analysis From Paris Raid On Google Will Take Months, Possibly Years: Prosecutor

Analysis of data seized by investigators in last week's raid of Google's (GOOGL.O) Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette...

Oil Prices Slip As Iraq Raises Exports

Oil prices edged lower toward $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian...

European Shares Hit One-Month High, Dollar Firms On Yellen’s Hike Hint

European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that...

Dollar Bulls Are Back In Town

The Dollar sharply appreciated across the board during trading last week following Janet Yellen’s firmly hawkish comments which elevated expectations over the Fed raising...

Investors Trade 621.45m Shares Worth N2.81bn As Naira Stabilises At N350 To Dollar

SAN FRANCISCO, May 27, (THEWILL) – The Nigerian Stock Exchange (NSE) on Friday moved 621.45 million shares valued at N2.81 billion exchanged in 5,802...

Adidas Sells U.S. Apparel Firm Mitchell & Ness

Adidas (ADSGn.DE) said it had agreed to sell U.S. sportswear seller Mitchell & Ness, resulting in a one-time gain in a the low to...

Yellen Countdown Heightens Market Sensitivity

Global stocks inched higher during trading on Thursday as the positive combination of renewed US rate hike expectations and resurgence in oil prices elevated...

Brent Crude Above $50, Is It Sustainable?

Brent crude pushed above the key psychological level to trade above $50 for the first time since November 2015. The 85% rally since Brent...

China Enters The Scene Once Again

A sense of anxiety threatened the financial markets during trading on Thursday following the unexpected currency depreciation by the People’s Bank of China that...
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