Business

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

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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...

Walmart Canada To Extend Visa Ban To More Stores From October 24

Walmart Canada will stop accepting Visa Inc (V.N) cards at its 16 stores in the province of Manitoba starting on Oct. 24, a spokesman said on Wednesday, raising the stakes in a high-profile fee dispute. Manitoba was "most ready" for...

Market Resumes On Positive Trend After Sallah

BEVERLY HILLS, SEPTEMBER 14, (THEWILL) - Equity transactions on the Nigerian Stock Exchange (NSE) resumed after the Eid-el-Kabir celebration on Wednesday in an upward trend with market indicators growing by 0.23 per cent. The All-Share Index closed higher, appreciating by...

UPS Plans Peak Season Hiring Of 95,000 For Third Year Straight

Package delivery company United Parcel Service Inc (UPS.N) said on Wednesday it plans to hire around 95,000 seasonal employees for its crucial peak holiday season this year, unchanged from the past two years as improvements to its network should...

Wall Street Dragged Lower By Energy, Financials

Wall Street opened lower on Tuesday, with energy stocks falling on lower oil prices and financials hit by diminished prospects of an interest rate hike in the near term. Oil prices were down more than 1 percent after a report...

Monsanto Board To Decide On Sale To Bayer On Tuesday: Sources

The board of U.S. seed market leader Monsanto Co is set to meet on Tuesday to decide whether to approve a sale to Germany's Bayer AG for more than $65 billion after more than four months of negotiations, people...