Business

BEVERLY HILLS, August 01, (THEWILL) - Trade union members at the Bank of England, Britain’s Central Bank, under the auspices of Unite, will go ahead with the first strike action by staff for over 50 years on Tuesday. “Last-minute talks facilitated...

What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? In a word, Amazon. Almost 700 U.S. companies have reported quarterly results so far this earnings season, and the e-commerce titan's name has popped...

Lockheed Martin Corp (LMT.N) was awarded a $3.7 billion interim payment for a batch of 50 F-35 fighter jets earmarked for non-U.S. customers, the Pentagon said on Friday. The contract provides funds for the procurement of 50 aircraft, comprised of...

The union representing workers at Lider, Wal-Mart Stores Inc's (WMT.N) main supermarket chain in Chile, said on Friday they had voted to go on strike for higher pay. "We are awaiting the final result from the work directorate, but we...

SAN FRANCISCO, July 28, (THEWILL) - The Central Bank of Nigeria (CBN) on Friday injected $462,336,426.74 into the foreign exchange market. THEWILL recalls that the bank had earlier injected $194 million to the forex market on July 24. The Acting Director in charge of...

SAN FRANCISCO, July 24, (THEWILL) - Despite the inflation rate of 16.10 per cent in Nigeria as at June 2017, the International Monetary Fund, IMF, on Monday predicted that the Nigerian economy would expand by 1.9 per cent in 2018,...

Websites and some television channels linked to Qatar were unblocked in Saudi Arabia on Monday morning but the change arose from a technical glitch and the restrictions will be reimposed shortly, a key Saudi royal court adviser said. Saudi Arabia,...

CIMB Group Holdings Bhd, Malaysia's second-biggest bank, on Monday said its subsidiary will form an equity joint venture with Ant Financial Services Group, the parent of Alipay, to provide mobile wallet and related financial services. The CIMB unit, Touch 'n...

Amazon.com Inc (AMZN.O) has launched a social feature called Spark that allows members to showcase and purchase products on its platforms, the retail giant's first clear move into the world of social media. Spark, which is currently only available for...

iPhone chip supplier Qualcomm Inc (QCOM.O) faces a new set of antitrust allegations from a group of four companies that assemble the iPhone and other products on behalf of Apple Inc (AAPL.O). Foxconn parent Hon Hai Precision Industry Co (2317.TW),...