Business

BEVERLY HILLS, May 31, (THEWILL) – Activities on the Nigerian Stock Exchange (NSE) on Tuesday resumed after the public holiday to mark. Democracy Day on a downward trend with the market capitalisation, shedding N428 billion to profit taking. The market capitalisation...

After suffering nine days of consecutive losses and falling to a three-month low, marginally below $1200 during trading on Monday, Gold is now attempting to consolidate and stabilize around $1200. The month of May has overall been a painful one...

Wall Street was set to open higher on Tuesday after strong consumer spending data gave the latest sign of improvement in economic growth and supported the Federal Reserve's stance to increase interest rates in the coming months. U.S. consumer spending...

Chinese e-commerce firm Alibaba Group Holding Ltd has told vendors on its Tmall website to stop selling medicine, saying a local regulator has issued an "urgent" directive halting drug sales via third-party platforms. Alibaba, in a notice dated May 27...

Analysis of data seized by investigators in last week's raid of Google's (GOOGL.O) Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday. Dozens of French police raided Google's offices on Tuesday, escalating an investigation over...

Oil prices edged lower toward $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires. Attention turned to a meeting of the Organization...

European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States may be around the corner. The Fed should...

The Dollar sharply appreciated across the board during trading last week following Janet Yellen’s firmly hawkish comments which elevated expectations over the Fed raising US rates in Q2. With a hike probable in the coming months if US data follows...

SAN FRANCISCO, May 27, (THEWILL) – The Nigerian Stock Exchange (NSE) on Friday moved 621.45 million shares valued at N2.81 billion exchanged in 5,802 deals. The News Agency of Nigeria (NAN) reports that this was in contrast with 651 million...

Adidas (ADSGn.DE) said it had agreed to sell U.S. sportswear seller Mitchell & Ness, resulting in a one-time gain in a the low to medium double-digit million euro range. The German group said in a statement on Friday it would...