Business

Calpers, Calstrs Oppose Joint CEO-Chairman Role/At Bank Of America

Two of America's biggest public pension funds have come together to oppose an amendment of bylaws at Bank of America Corp that would allow...

Law Firm Targets Google Foes For Private Damages Claims

U.S. law firm and class action specialist Hausfeld launched a platform on Tuesday to help pursue claims against Google, posing a potential headache for...

Naira Weakens 2.3 Per Cent Against Dollar On Black Market

The Nigerian naira weakened against the dollar on Monday on the parallel market after a boost in liquidity and a surge in demand for...

Exclusive: Citi Aims To Boost Equities Franchise Amid Industry Shakeout

Citigroup plans to rebuild its long-neglected equities franchise seeking to capitalize on a retrenchment by rivals in the face of new rules designed to...

Toshiba Scandal Continues As More Accounting Errors Found

Toshiba Corp again delayed announcing its annual financial results on Monday, as new accounting errors prevented the company from drawing a line under Japan's...

China Stocks Slide As Crackdown On Speculators Spreads, Lose 11 Percent In August

China stocks fell sharply on Monday before recovering much of their losses as regulators cracked down on speculators which Beijing blames for a 40...

Bailout: CBN Injects N338b Into 27 States As Stimulus

… As Kwara, Zamfara, Osun Begin Payment Of Salaries SAN FRANCISCO, August 30, (THEWILL) – The Central Bank of Nigeria (CBN) will continue its stimulus...

Jonathan, Diezani Face Probe Over $6.9m Campaign Stages

The ongoing probe of the immediate past administration by President Muhammadu Buhari is to beam its searchlight on the alleged purchase of three mobile...

Ashley Madison Courted Several Buyers, Landed None Before Attack

The owner of adultery website Ashley Madison had already been struggling to sell itself or raise funds for at least three years before the...

Brazil’s Economy Enters Recession

Brazil has entered recession after official figures showed the country's economy contracted by 1.9% between April and June compared with the previous three months. Analysts...
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