Business
Shell Shares Up As It Confirms 10,000 Job Cuts And Falling Profits
Royal Dutch Shell shares rose after it confirmed it would cut 10,000 jobs and a sharp fall in annual profits.
Shell extended gains to 7%...
Credit Suisse’s Thiam Under Pressure After First Loss Since 2008
Credit Suisse (CSGN.VX) reported its first full-year loss since 2008 after booking a big impairment charge at its investment banking business, sending its share...
Wall St. Opens Lower After Weak Economic Data, Earnings
U.S. stocks were lower on Thursday after weak economic data and a spate of poor corporate results heightened investors' fears of a slowdown in...
Yahoo To Look At Strategic Alternatives, Cut Jobs As It Pursues Spin-Off
Yahoo Inc said on Tuesday it would consider "strategic alternatives" for its core Internet business and cut about 15 percent of its workforce, even...
Merck’s Revenue Misses On Lower Drug Sales, Strong Dollar
Merck & Co Inc (MRK.N) reported lower-than-expected quarterly revenue, hurt by a drop in sales of its diabetes and arthritis drugs, and a strong...
Guinness Nigeria Appoints Omobola Johnson As Non-Executive Director
SAN FRANCISCO, February 02, (THEWILL) – Guinness Nigeria Plc has appointed Omobola Johnson, former Minister of Communication Technology, as a non-executive director of the...
Dow Chemical’s Focus On High-Margin Businesses Paying Off
Dow Chemical Co (DOW.N) reported a better-than-expected quarterly profit as its move to focus on more profitable businesses such as packaging and electronics by...
Exxon’s Profit Tumbles 58 Percent, Slashes Capex By One-Quarter
Exxon Mobil Corp (XOM.N) on Tuesday reported a 58 percent drop in quarterly profit and said it would cut spending this year by one-quarter...
South Africa, Tunisia Outshines Nigeria’s Capital Market Performance
SAN FRANCISCO, February 02, (THEWILL) – South Africa’s Johannesburg Stock Exchange (JSE) led African exchanges in Initial Public Offerings (IPO) transactions and capital raised...
Naira Falls To N308 Against Dollar As BDCs Close Shop
SAN FRANCISCO, February 01, (THEWILL) – Bureau De Change (BDC) operators have opted out of business following the stoppage of supply of foreign exchange...
