Business

BEVERLY HILLS, September 08, (THEWILL) - The price of bitcoin crashed $400 following rumors that China was planning to make it illegal to operate a bitcoin exchange within the country. A regional financial website on Friday reported that China will...

BEVERLY HILLS, September 08, (THEWILL) - Finnish telecoms giant, Nokia, has revealed that it plans to cut around 600 jobs in France as it seeks to make cost-savings and refocus its loss-making businesses. The group, in a statement, said it...

SAN FRANCISCO, September 07, (THEWILL) - The Debt Management Office (DMO), on Thursday, started a national road show in Lagos in preparation for the issuance of the much awaited N100bn non-interest bearing Sukuk bond. The DMO, in a statement issued...

Merger and acquisition dealmakers make their livings advising companies on mergers, sales and spinoffs. But this time, investment bankers at JPMorgan Chase & Co (JPM.N) are working on an internal deal of their own. JPMorgan is creating a joint venture...

State Street Corp (STT.N) will pay more than $35 million to settle U.S. charges that it fraudulently charged secret mark-ups for transition management services and hid details from clients about the trading of U.S. Treasury securities, the U.S. Securities...

Apple Inc’s (AAPL.O) new iPhone had hit production glitches early in its manufacturing process and could lead to supply shortfalls and shipping delays following its launch next week, the Wall Street Journal reported on Thursday. The company’s shares were down...

U.S., Canadian and Mexican negotiators are zeroing in on ways to enshrine Mexican President Enrique Pena Nieto’s sweeping energy reforms into a modernized North American Free Trade Agreement, Mexico’s chief negotiator said on Saturday. The 2014 reforms wrung control of...

Hyundai Motor (005380.KS) has replaced the head of its Chinese operation, media reports said on Saturday, as it struggles to regain a foothold in the world’s biggest auto market amid a diplomatic spat between the Asian trading partners. Tao Hung...

Apple Inc (AAPL.O) has transferred responsibility for Siri, its voice assistant, from content chief Eddy Cue to operating systems chief Craig Federighi, a sign that the company is looking to embed the voice assistant more deeply into its core...

SAN FRANCISCO, August 31, (THEWILL) - The Central Bank of Nigeria (CBN), on Thursday, raised its total intervention for the week in the forex market to 547 million dollars as against 195 million dollars offered the previous week. This was disclosed by...