Business

Toshiba To Report First Quarter Operating Loss Of Over 10 Billion Yen: Nikkei

Toshiba Corp (6502.T) is set to report an operating loss of more than 10 billion yen ($83 million) in the April-June quarter hurt by...

Deutsche Bank Prepares To Shut Russian Operations: Source

Deutsche Bank (DBKGn.DE) is preparing to close all of its Russian operations, except for transaction banking services, a financial source told Reuters on Monday. It...

Germany Will Back Sharing Bank Risk Only Responsibility Shared As Well

Germany made clear it would agree to sharing more banking risk only if governments first proved they were ready to share more responsibilities as...

Nigerian Economic Environment Challenging But Rewarding – Kroll

...seeks to expand footprint in Nigeria to support growth Kroll, a foremost global corporate investigations and risk consulting firm, has described the economic operating environment...

Oil Falls More Than 2 Percent After Goldman Cuts Forecasts

Oil prices fell more than 2 percent on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese...

Equity Funds Shed $46 Billion In Four-Week Run Of Outflows: BAML

Investors pulled another $19 billion from equity funds over the past week as they sought safety in government bond funds, which have enjoyed the...

Cement Manufacturers Brace Up For Stiff Competition After Dangote Price Cut

BEVERLY HILLS, September 10, (THEWILL) – Manufacturers of Cement in Nigeria are set to take the competition tussle a notch higher, following the slash...

Wall Street Set To Open Lower As China Adds To Uncertainty

Wall Street was set to open lower on Thursday, with index futures wiping out earlier gains as more uncertain news emerged out of China. Data...

Apple Upgrade Program Seen Driving Demand For New Iphones

Apple Inc (AAPL.O) has just made buying a new iPhone every year more affordable - a move that analysts said will drive demand from...

U.S. To Focus More On Executives, Not Just Companies, In Criminal Cases

The U.S. Justice Department has issued new guidelines that emphasize prosecuting individual executives in white-collar crime cases, and not just their corporations. Deputy Attorney General...