Business

Oil fell below $49 a barrel on Tuesday, giving up part of August's strong rally, as signs of rising supply outweighed hopes that producing nations will agree steps to support prices. A Nigerian militant group, which has claimed a wave...

The world's largest indoor theme park is set to open in Dubai this month to lure back some of the tourists and residents who often flee abroad during the scorching desert summer. In a sandy suburb beyond Dubai's concrete jungle...

Pfizer Inc (PFE.N) said on Monday it would buy U.S. cancer drug company Medivation Inc (MDVN.O) in a deal valued at about $14 billion, adding blockbuster prostate cancer drug Xtandi to its portfolio. Medivation shares were up 20 percent at...

Despite banks' nudging toward online tools, many U.S. customers are not ready to give up regular visits to their nearest branch, complicating the industry's efforts to slim down. U.S. banks have trimmed the number of branches by 6 percent since...

Asian fans of smartphone game Pokemon Go are hunting out the best telecom providers and network gear to overcome the hurdle posed by patchy network signals in their race to capture virtual cartoon characters. From Indonesia to Hong Kong and...

Investors questioning whether record high U.S. stock prices mean it is time to bail out of equities should look beyond the elevated levels found in the widely used valuation tool, the price-to-earnings (P/E) ratio, experts say. The benchmark S&P 500...

As Viacom Inc (VIAB.O) prepares for the impending departure of CEO Philippe Dauman, his interim replacement, Thomas Dooley, is planning to reach out to investors, setting a new tone for a company that has kept communications minimal. Dooley plans to...

SAN FRANCISCO, August 19, (THEWILL) - Minister of Finance, Mrs Kemi Adeousn has revealed that the Federal Government was set to release N60 billion for capital projects to stimulate the economy. Adeosun made this known on Friday in Abuja at an...

BEVERLY HILLS, August 19, (THEWILL) - The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday rose by N78 billion to close at N9.50 trillion from N9.42 trillion it opened on Thursday. Similarly, the All-Share Index appreciated by 229.33...

A U.S. judge on Thursday rejected an attempt by Uber Technologies Inc to settle a class action lawsuit with drivers who claimed they were employees and entitled to expenses. In a case that has been closely watched in Silicon Valley,...