Business

Israeli troops sparked a fire that gutted about 10 Palestinian shops on Thursday after they tried to blow open safes in a raid on a money-changing office suspected of handling funds for militants. The fire brigade in El Bireh, in...

McDonald's Corp (MCD.N) is targeting private equity firms, including Bain Capital, MBK Partners, TPG Capital Management and Chinese state-backed conglomerate China Resources (Holdings) for its planned sale of 2,800 restaurants in North Asia, people familiar with the matter told...

JPMorgan Chase & Co (JPM.N), the No. 1 U.S. bank by assets, reported a quarterly profit that topped low market expectations as lower costs and better-than-expected trading revenue helped soften the blow from a fall in investment banking fees. The...

OPEC on Wednesday cut its forecast for global oil demand growth in 2016 and warned of further reductions citing concern about Latin America and China, pointing to a larger supply surplus this year. The Organization of the Petroleum Exporting Countries...

Five out of eight of the biggest U.S. banks do not have credible plans for winding down operations during a crisis without the help of public money, federal regulators said on Wednesday. The banks have until October 1 to resubmit...

BEVERLY HILLS, April 12, (THEWILL) – Oil reached a 2016 high, hitting 43 dollars a barrel on Tuesday, and supported by hopes that upcoming meeting of oil producers will agree on steps to tackle a supply glut. The rise was...

Dell Inc's cyber security unit, SecureWorks Corp, could be valued at up to $1.42 billion in its initial public offering, the first major U.S. listing of a technology company this year. Atlanta, Georgia-based SecureWorks said on Monday its offering...

Britain's Daily Mail is in talks with potential partners to mount a joint bid for Yahoo's (YHOO.O) internet assets, as it seeks to drive up advertising income from its globally popular websites to counter shrinking print revenue. The newspaper's parent...

Microsoft (MSFT.O) became on Monday the first major U.S. tech company to say it would transfer users' information to the United States using a new transatlantic commercial data pact and would resolve any disputes with European privacy watchdogs. Data transfers...

BEVERLY HILLS, April 08, (THEWILL) –  Equity transactions on the Nigerian Stock Exchange (NSE) closed for the week on Friday on a downward trend with the market capitalisation, which opened at N8.726 trillion, dropping N14 billion to close at...