Business

The euro jumped more than 1 percent and yields on benchmark U.S. government debt remained at unattractive rates on Friday after the world’s two leading central bankers declined to discuss monetary policy in keynote speeches. Federal Reserve Chair Janet Yellen’s...

President Donald Trump’s name was rarely mentioned as top central bankers and economists spent Friday mulling the fate of the global economy at a mountain lodge here. But his presence loomed large at a Federal Reserve symposium, and even without...

BEVERLY HILLS, August 25, (THEWILL) - A South Korean court has found Lee Jae-yong, the de facto Chief of the Samsung business empire, guilty of bribery and other corruption charges. Lee, the billionaire son of Samsung’s ailing Chairman, was...

Oil prices fell nearly 2 percent ahead of monthly contract expiration on Monday, pulling back from last week's rally built on signs the global market is starting to rebalance from chronic oversupply. Brent crude futures LCOc1 settled down 2 percent,...

SAN FRANCISCO, August 21, (THEWILL) - The Central Bank of Nigeria on Monday offered $195m in three segments of the Foreign Exchange Market to boost liquidity in the operation. The CBN’s Acting Director, Corporate Communications Department, Isaac Okorafor, in a...

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...