Business

SAN FRANCISCO, August 15, (THEWILL) - The Central Bank of Nigeria (CBN) says it has intervened in the Inter-Bank market to the tune of 364 million dollars to sustain liquidity in the Foreign Exchange (Forex) Market. This was revealed in...

The U.S. dollar and U.S. Treasury yields rose on Tuesday while Wall Street indexes were flat after solid retail data and North Korea's leader delayed a decision on firing missiles. U.S. data showed the biggest increase in retail sales in...

U.S. regulators said on Tuesday that Uber Technologies Inc agreed to do more to protect the privacy of customer and driver data in settling allegations that the ride-hailing company had made deceptive privacy and data security claims. In its complaint,...

Deutsche Bank AG (DBKGn.DE) is replacing its U.S. chief Bill Woodley with the global head of its stock trading business Thomas Patrick, the German lender said on Tuesday. As head of U.S. operations, Patrick will report to Chief Executive Officer...

Air Berlin (AB1.DE), Germany's second-largest airline, filed for bankruptcy protection on Tuesday after key shareholder Etihad Airways withdrew funding following years of losses, leaving valuable runway slots up for grabs. The move offers Lufthansa (LHAG.DE) and rivals a chance to...

China is investigating its top social media sites, including WeChat and Weibo, for failing to comply with cyber laws, the latest step in the country's push to secure the internet and maintain strict Communist Party control over content. President Xi...

Alphabet's Google canceled on Thursday a company-wide meeting scheduled to discuss the controversy over a memo opposing diversity policies, the company said, citing concerns about personal attacks on employees from far-right commentators. The company meeting was called to discuss the...

U.S. retail giant Amazon.com unveiled the site of its first Australian warehouse on Thursday and named a German executive as country manager, signaling it is prepared for industrial strife in the world's 12th-biggest economy. Three months after revealing plans to...

The Australian government on Thursday accused the country's biggest mortgage lender, Commonwealth Bank of Australia, of widespread breaches of money-laundering and counter-terrorism financing rules. Financial intelligence agency AUSTRAC said it had initiated civil penalty proceedings in the Federal Court against...

  BOC Aviation Ltd said on Thursday it would buy 10 new aircraft from Boeing Co for an aggregate list price of $1.25 billion, as it looks to strengthen its future revenue stream by investing in modern, efficient and in-demand...