Business

BEVERLY HILLS, June 29, (THEWILL) - The latest billionaires’ ranking by Bloomberg has shown that Bill Gates, the world’s richest man, and Mark Zuckerberg, co-founder of Facebook, have lost $3.4 billion to the decision of the UK voters to...

The leaders of the United States, Canada and Mexico gather on Wednesday to stress the importance of trade at a time of mounting international doubts about the benefits of globalization. The three nations belong to the North American Free Trade...

Japan's Sony Corp (6758.T) on Wednesday lifted the sales target for its games division next year on hopes for its new virtual reality headset, and said it would re-enter robots a decade after it last abandoned the business. But the...

A wave of risk aversion eclipsed the financial markets during trading last week following the unanticipated Brexit victory that weighed heavily on global sentiment. Stock markets entered a free fall with over $2 trillion in value surrendered as unease...

Sentiment towards the Nigerian economy displayed signs of improvement in June following the Central Bank of Nigeria’s decision to de-peg the Naira against the Dollar in an effort to promote economic stability. Like other oil export dependent nations, Nigeria...

Alphabet's (GOOGL.O) Google may face a third EU antitrust charge as soon as next month, this time focusing on its revenue mainstay AdWords ad placement service, three people familiar with the matter said on Tuesday. The world's most popular Internet...

Wall Street was higher on Tuesday as investors rushed to pick up stocks after Britain's decision to leave the European Union sparked a massive two-day selloff in global markets. Banks, which were the worst hit since the referendum on Thursday,...

Oil production in Nigeria has risen to about 1.9 million barrels per day (bpd), from 1.6 million bpd, due to repairs and more than a week having passed since a major pipeline attack in the Niger Delta, a state...

Nigeria's central bank asked for bid-offer quotes from currency traders on Monday as it sold dollars on the interbank market to boost liquidity, traders said. The naira NGN=D1 ended at 282 to the dollar after the central bank's intervention, slightly...

Britain's decision to leave the European Union sent new shockwaves through financial markets on Monday, with the pound falling despite the country's leaders' attempts to ease political and economic turmoil unleashed by the move. Finance minister George Osborne said the...