Business

Africa Needs More US Engagement in Trade, Investment – Elumelu Tells Clinton, Trump

SAN FRANCISCO, September 19, (THEWILL) - Chairman of Heirs Holdings, Mr. Tony Elumelu, on Sunday urged the leading candidates in the United States presidential election Democratic Party’s Hilary Clinton and Republican Party’s Donald Trump to retain the prevailing US-Africa...

Exclusive: Google May Face Indonesia Tax Bill Of Over $400 Million For 2015 – Government Official

Indonesia plans to pursue Alphabet Inc's (GOOGL.O) Google for five years of back taxes, and the search giant could face a bill of more than $400 million for 2015 alone if it is found to have avoided tax payments,...

All Hanjin Shipping Chartered Vessels To Be Returned To Owners After Unloading: Judge

Ask ZiVA 728x90 Ads
All Hanjin Shipping Co Ltd (117930.KS) chartered vessels that have completed unloading their cargo have been told to cancel their charter agreements and return the ships to the shipowners, a South Korean judge said on Monday. Hanjin, the world's seventh-largest...

Oil Climbs As Venezuela Sees Output Deal, Libya Suffers Clashes

Oil prices rose almost 2 percent on Monday, after Venezuela said OPEC and non-OPEC producers were close to reaching an output deal and as clashes in Libya raised concerns that efforts to restart crude exports could be disrupted. Venezuelan President...

UPS, Fast Radius To Open 3D Printing Factory In Singapore

Package delivery company United Parcel Service Inc said on Monday it will expand its 3D printing services to Asia with a new facility in Singapore run by its partner Fast Radius that will open by the end of 2016. UPS...

Philippine Central Bank Ordered To Return Recovered Money To Bangladesh

A Philippine regional trial court has ordered the Bangko Sentral ng Pilipinas (BSP) to return to the Bangladesh central bank a recovered portion of the $81 million that was stolen from the bank earlier this year, a government lawyer...

S&P And Dow Flat On Lackluster Data, Apple Boosts Nasdaq

The S&P 500 and the Dow were little changed on Thursday morning following a lackluster set of data, while the Nasdaq got a boost from Apple. Investors got a blast of economic data, including a bigger-than-expected drop in retail sales...

Apple Says Initial Quantities Of Iphone 7 Plus Sold Out

Initial quantities of the iPhone 7 Plus have sold out globally as Apple Inc prepares to roll out its new gadget in stores, the company said Wednesday. Supplies of the larger size of Apple's new phone have been exhausted in...

Shareholder Adviser Glass Lewis Backs AB Inbev Takeover Of Sabmiller

Investor advisory firm Glass Lewis has recommended SABMiller (SAB.L) shareholders vote in favor of its takeover by Anheuser-Busch InBev (ABI.BR), adding to the likelihood of the $100 billion-plus beer mega-merger getting done. One of the biggest deals in corporate history,...

Bank Of England Sticks With Rate Cut Signal Despite Brexit Bounce

The Bank of England said on Thursday it was still likely to cut interest rates to just above zero later this year, even though the initial Brexit hit to Britain's economy was proving less severe than it expected only...