Business

Nigerian Stock Market Gains N117bn To Hit 23-Month High

BEVERLY HILLS, June 09, (THEWILL) - Activities on the Nigerian Stock Exchange (NSE) remained on a bullish trend on Friday with the All-Share Index crossing the 33,000 mark for the first time since June 2015. NAN reports that the index...

U.S., Mexico Nearing Deal On Sugar: Mexico’s Guajardo

The United States and Mexico are close to announcing a deal on sugar trade, Mexican Minister of Economy Ildefonso Guajardo said ahead of a planned news conference on Tuesday after talks went into overtime this week. Guajardo, in an interview...

Jitters Push Treasury Yields, Dollar To Seven-Month Lows

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U.S. Treasury yields and the dollar dropped to seven-month lows on Tuesday and world stocks slid as political uncertainty from the United States to the Middle East and weakness in commodity markets pushed investors away from risky assets. The yen...

Oil Slips On Worries Mideast Rift Could Undermine OPEC Cuts

Oil prices slipped further below $50 a barrel on Tuesday on concerns that a diplomatic rift between Qatar and several Arab states including Saudi Arabia could undermine efforts by OPEC to tighten the market. Benchmark Brent crude oil LCOc1 was...

Big U.S. Companies Stay On White House Panel Despite Climate Jolt

Several major U.S. companies, including Wal-Mart Stores Inc (WMT.N), JP Morgan Chase & Co (JPM.N) and IBM Corp (IBM.N), on Friday said their CEOs will remain in an influential presidential advisory group despite objecting to President Donald Trump's withdrawal...

Wal-Mart Reassures Employees As It Touts Tech Investments

Wal-Mart Stores Inc (WMT.N) executives on Friday reassured workers they remained integral to the company's success as they highlighted investments in online sales and other technology to compete with rivals like Amazon.com Inc (AMZN.O). Wal-Mart is successfully using e-commerce to...

Apple Set To Expand Siri, Taking Different Route From Amazon’s Alexa

Inc (AAPL.O) is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon.com Inc's (AMZN.O) competing Alexa service. But...

Bitcoin Exchange Coinbase Seeks New Funds At $1 Billion Valuation: Wall Street Journal

Bitcoin exchange Coinbase Inc is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday. It is not clear which investors are committing to...

Dollar Express Sues Dollar Tree For Driving It Out Of Business

U.S. discount retailer Dollar Express has filed a lawsuit accusing rival Family Dollar and its parent company Dollar Tree Inc (DLTR.O) of driving it out of business, the third government-required divestiture to fail in recent years. Dollar Express was formed...

Naira In Remarkable Rise Against The Dollar, Now Trades At N367 In Parallel Market

SAN FRANCISCO, June 01, (THEWILL) - The naira Thursday rose sharply against the dollar on the streets closing at N367 - $1 in Abuja and Lagos, recording a N15 gain from its previous close of N382/$. Aminu Gwadabe, president of...