Business
High Valuations Weigh On U.S. Stocks Ahead Of Earnings
As companies in the benchmark Standard & Poor's 500 begin to release lackluster second quarter results, rich valuations threaten to keep the U.S. stock...
FTC Exploring Apple Rules For Streaming Music Rivals In App Store
U.S. government antitrust regulators are looking into claims about whether Apple's treatment of rival streaming music apps is illegal under antitrust law, according to...
DOJ Investigates Ex-Deutsche Bank Traders Over Libor: Bloomberg
U.S. Department of Justice prosecutors are investigating former Deutsche Bank AG traders in connection with their participation in the interest rate-rigging scandal and could...
Pepsico Profit, Revenue Beat Estimates As Higher Pricing Pays Off
PepsiCo Inc (PEP.N) reported better-than-expected quarterly profit and sales and raised its full-year adjusted earnings forecast as higher prices helped drive revenue growth in...
EU Antitrust Regulator Accuses Mastercard Of Excessive Card Fees
EU antitrust regulators accused MasterCard on Thursday of over-charging non-European cardholders to process their purchases in Europe, the second time the EU has taken...
Nigeria’s FX Reserves Rises To $31.89B – CBN
Nigeria’s foreign exchange reserves has risen sharply to $31.89 billion from its previous balance of $29.1 billion, the Governor of the central bank of...
Nigeria Govt To Pay $800 Mln Subsidy Debt On Oil Products: Trade Body
The Nigerian government has agreed to pay outstanding subsidy-related debt to oil product importers, a trade body spokesman said on Wednesday.
"They agreed to pay...
Chinese Shares Continue To Slide
The dramatic sell-off in China's main stock market has continued despite efforts by regulators to try to stem the losses.
The Shanghai Composite index plunged...
Microsoft Plans Major Job Cuts: NYT
Microsoft Corp, the world's largest software company, plans to announce a new round of layoffs as early as Wednesday as it tries to cut...
Oil Rises To $57 As Iran Talks Drag On
Brent oil bounced back from a three-month low to around $57 a barrel on Wednesday after an industry report showed a larger-than-forecast drop in...
