Business

SAN FRANCISCO, April 10, (THEWILL) - The Central Bank of Nigeria (CBN) has opened a special Forex window for Small and Medium Enterprises (SMEs) to enable SMEs import eligible finished and semi-finished items not exceeding $20,000 for an enterprise...

AT&T Inc (T.N) said on Monday it would buy Straight Path Communications Inc (STRP.A), a holder of licenses to wireless spectrum, for $1.25 billion in an all-stock deal as it aims to accumulate the airwaves it needs for a...

A gap in EU financial rules is allowing member countries to compete to host the trading operations of London-based investment banks after Brexit by offering looser regulatory standards. The European Central Bank is the euro zone's banking supervisor but, under...

Facebook Inc (FB.O) plans to announce on Monday that more than 5 million businesses are advertising on the social network each month and that it is updating its suite of ad services to try to draw more small businesses...

British bank Barclays (BARC.L) has reprimanded Chief Executive Jes Staley and will cut his bonus heavily after he tried to uncover the identity of an internal company whistleblower in a case being investigated on both sides of the Atlantic. In...

Shares in Imagination Tech (IMG.L) crashed more than 70 percent on Monday after the British company said its biggest customer, Apple (AAPL.O), would stop using its graphics technology in iPhones, iPads and Apple Watches. Imagination said Apple, which accounts for...

British luxury brand Burberry (BRBY.L) said on Monday it would transfer its beauty business to U.S. group Coty (COTY.N) in a deal that will bring in around $225 million plus ongoing royalty payments and grow the division. Known for its...

Tesla Inc (TSLA.O), the U.S. luxury electric car maker, said on Sunday first-quarter vehicle deliveries jumped 69 percent from a year ago to a quarterly record of 25,000 vehicles, bouncing back from delays in the previous quarter. The company said...

British luxury brand Burberry (BRBY.L) said on Monday it would transfer its beauty business to U.S. group Coty (COTY.N) in a deal that will bring in around $225 million plus ongoing royalty payments and grow the division. Known for its...

Although BlackBerry Ltd (BB.TO) has extricated itself from the smartphone handsets that weighed on its recent fortunes, the Canadian firm faces a tough slog to convince skeptics it can return to its glory days through an enlarged software business. The...