Business

The NSE All-Share Index and Market Capitalization appreciated by 7.46% to close the week which ended 12 May 2017 at 28,192.46 and N9.746 trillion respectively. A total turnover of 3.255 billion shares worth N28.738 billion in 25,370 deals were traded...

Asian shares were hobbled on Friday by a downbeat performance on Wall Street though they remained on track for weekly gains, while oil prices extended a rally on hopes for output cuts. Financial spreadbetters expect European markets to shrug off...

A federal judge on Thursday ordered Wal-Mart Stores Inc Chief Executive Douglas McMillon to submit to questioning in a lawsuit by shareholders hoping to learn what he knows about suspected bribery by the world's largest retailer in Mexico. U.S. District...

The International Energy Agency will review its electric vehicle (EV) use and oil demand forecasts after India and China recently signaled new policies in favor of electric cars and vehicles using other alternatives to gasoline. In its current policies scenario,...

Oil prices rose on Friday as traders expected OPEC-led production cuts to extend beyond the middle of this year, and as U.S. crude inventories fell to their lowest levels since February. International Brent crude futures LCOc1 were at $50.96 per...

European stocks and the euro pulled back on Monday from highs touched after pro-European centrist Emmanuel Macron's emphatic but well-flagged victory in France's presidential election as investors' focus shifted from politics to monetary policy. With the political risks that have...

President Donald Trump took aim again on Sunday at Rexnord Corp (RXN.N) for the industrial supplier's decision to move jobs to Mexico from Indiana. Milwaukee-based Rexnord announced plans in October to move a bearing plant and its 300 jobs from...

Australia will hold an inquiry into competition in the country's financial system, following a series of scandals in the banking sector and public allegations against the "Big Four" banks of abuse of market power. The latest inquiry is part of...

When mobile gaming firm Netmarble Games (251270.KS) debuts on Friday, its founder Bang Jun-hyuk will be the only billionaire in South Korea's top-10 wealthiest stock holders with no ties to the chaebol, the mainly family-owned industrial conglomerates that dominate...

A glance at the U.S. stock market's main measure for the health of retailers suggests all is well among those companies in the business of peddling stuff directly to consumers. After all, the $1.16 trillion S&P 500 retail index .SPXRT...