Business

Mylan has hired banks for a euro-denominated multi-tranche debut euro bond, a day after the under-fire drugmaker announced it would launch a generic version of its EpiPen allergy injection at half the price. The company has mandated Deutsche Bank, Citigroup,...

Oil futures rose on Tuesday supported by production suspensions in the U.S. Gulf due to an expected tropical storm and speculation that producers meeting in Algeria next month will act to prop up prices. Brent crude futures LCOc1 were trading...

Ireland should recover up to €13bn (£11bn) from Apple in back taxes, the European Commission has ruled. After a three-year investigation, it has concluded that the US firm's Irish tax benefits are illegal. The Commission said Ireland enabled the company to...

BEVERLY HILLS, AUGUST 30, (THEWILL) - Nigeria’s external reserves have risen by $595 million in the past five days to stand at $26.196bn on Monday. The marginal accrual represented an increase of 2.26 per cent, compared with $25.601bn as...

BEVERLY HILLS, August 29, (THEWILL) - Equity transactions on the Nigerian Stock Exchange which resumed for the week on Monday ended at the end of the day’s trading on a negative note as the market capitalisation depreciated by N28bn...

Sentiment towards the US economy was elevated on Friday following the hawkish comments from Janet Yellen which bolstered expectations over the Federal Reserve raising US rates in 2016. Investors were gifted the clarity long sought when Yellen suggested that...

When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about $70 million worth of the virtual currency. The cyber theft -- the second largest by an exchange since hackers took roughly...

U.S. stock index futures were little changed on Monday as investors tried to decipher comments from top Federal Reserve officials on the timing of the next interest rate hike. * Fed Chair Janet Yellen said on Friday the case for...

Oil fell towards $49 a barrel on Monday, pressured by high output from Middle East OPEC members and as a stronger U.S. dollar weighed on commodities. Iraq, which has exported more crude from its southern ports in August, will continue...

Oil eased on Friday, on course for its largest weekly decline in a month after the Saudi energy minister watered down expectations that the world's largest producers might agree next month to limit their output. Brent crude futures LCOc1 were...