Business

U.S. Lawmakers Probe Fed Cyber Breaches, Cite ‘Serious Concerns’

A U.S. congressional committee has launched an investigation into the Federal Reserve's cyber security practices after a Reuters report revealed more than 50 cyber breaches at the U.S. central bank between 2011 and 2015. The House Committee on Science, Space...

It’s Goodbye To KFC In Botswana

BEVERLY HILLS, June 03, (THEWILL) – International fast food outlet, Kentucky Fried Chicken (KFC) has closed its franchise in Botswana rendering over 400 employees jobless. A statement issued on Friday by VPB Propco, the franchise of KFC in Botswana, announced...

EURUSD In Spotlight, But Don’t Forget The JPY

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While the ECB conference on Thursday afternoon failed to provide any unexpected fireworks, the EURUSD still managed to decline down the charts and moved back to 1.11 after Mario Draghi reminded investors that policymakers are willing to take further...

Markets Brace Ahead Of OPEC & ECB

Financial markets may experience untold levels of volatility during trading this Thursday as the explosive combination of critical data releases encourages anxious investors to systematically offload and reload positions. This volatility can be displayed in global stocks that have...

Deloitte Africa Appoints New Leaders In Move To Strengthen Presence Across Africa

BEVERLY HILLS, June 01, (THEWILL) – Deloitte Africa has announced four senior appointment to its leadership, effective from 1 June 2016, in order to strengthen the firm’s presence in West and East Africa. According to Lwazi Bam, CEO of Deloitte Africa,...

Ecobank Nigeria Upgrades 200 Contract Staffs To Permanent Workers

SAN FRANCISCO, June 01, (THEWILL) – Ecobank Nigeria Limited has announced the conversion of over 200 outsourced personnel to permanent employees of the bank. Making the announcement in Lagos, the Managing Director of the bank, Charles Kie, said converting the...

British Pound Continues To Fall Down The Charts

The British Pound has continued to fall down the charts during trading on Wednesday as a result of the markets becoming concerned regarding the upcoming EU referendum and the significant risks that the UK economy would face if the...

Brexit Attack Pressures The Sterling

Written by Lukman Otunuga, Research Analyst at FXTM Global stocks were swift to relinquishing their gains during trading on Tuesday as the toxic combination of renewed Brexit anxieties and ongoing concerns over the unstable financial landscape soured investor risk appetite....

U.S. Court Rules $24.9 Billion Dell Buyout Underpriced By 22 Percent

Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc by about 22 percent and may have to pay tens of millions to investors who opposed the deal for the computer maker, a Delaware...

Gulf OPEC Members Seek Joint Action On Oil Output

Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on Thursday, a senior OPEC source said, but Iran signaled the country was not ready for...