Business

SAN FRANCISCO, December 20, (THEWILL) - A Judge in Milan, Italy, has ordered Eni and fellow petroleum company, Shell, to stand trial in Italy over allegations of bribery and corruption in the 2011 purchase of an offshore oil block...

Asian stocks advanced on Tuesday after a record-setting session on Wall Street on bets that U.S. lawmakers would pass sweeping tax legislation, while the dollar was tentative as traders were circumspect about the bill’s economic impact. Spreadbetters expected Britain’s FTSE...

Singapore’s central bank on Tuesday said it had permanently barred Yeo Jiawei, a former wealth manager of Swiss bank BSI involved in breaches related to Malaysia’s 1MDB fund, from managing financial services firms and advisory activities. In July, a Singapore...

Walt Disney Co’s (DIS.N) John Skipper resigned on Monday as president of ESPN, the company’s most important network, due to a problem with addiction. "I have struggled for many years with a substance addiction," Skipper, who was also Disney Media...

SAN FRANCISCO, December 17, (THEWILL) - Dangote Group has accused BUA of engaging in illegal mining of limestone deposited in its Mining Lease No. 2541, located in a boundary town of Oguda/Ubo in Okene Kogi State. Dangote’s Executive Director, Mr. Devakumar...

Nigeria is seeking to amend a law on deep offshore oil exploration and drilling, aiming to increase government revenue from crude sales when prices exceed $20 a barrel, the country’s oil minister said on Wednesday. Nigeria’s government relies on oil...

BEVERLY HILLS, December 09, (THEWILL) - The Central Bank of Nigeria (CBN) on Friday closed the market for the week with sale of the sum of $303.9 million in the foreign exchange market. Breakdown of the total sales indicate that much...

Top executives at Uber Technologies Inc used the encrypted chat app Wickr to hold secret conversations, current and former workers testified in court this week, setting up what could be the first major legal test of the issues raised...

Fiat Chrysler Automobiles is in talks with South Korea’s Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday. FCA is often the subject of merger speculation, especially...

A Canadian accused by the United States of helping Russian intelligence agents break into email accounts as part of a massive 2014 breach of Yahoo accounts is expected to plead guilty next week, according to court records. Karim Baratov, who...