Business

The U.S. government will give Chinese telecom equipment and smartphone maker ZTE Corp (000063.SZ) a three-month reprieve on tough export restrictions it imposed this month, the Commerce Department said on Tuesday. The department on March 8 imposed some of the...

Yahoo Inc will suspend offering paid Daily Fantasy Sports contests in New York from Wednesday, a Yahoo spokesman said on Tuesday. A probe by New York State's attorney general into the fast-growing, multibillion-dollar daily fantasy sports industry had been expanded...

BEVERLY HILLS, March 22, (THEWILL) – The naira, on Tuesday, appreciated against the dollar after the announcement that Monetary Policy Committee (MPC) has raised the interest rates from 11 percent to 12 percent. The CBN at the MPC meeting also...

U.S. prosecutors said Monday that a "third party" had presented a possible method for opening an encrypted iPhone used by one of the San Bernardino shooters, a development that could bring an abrupt end to the high-stakes legal showdown...

Shoemaker Arezzo&Co (ARZZ3.SA) is fighting for a bigger share of the cutthroat U.S. market, a place many other Brazilian manufacturers fear to tread, with a flagship Los Angeles store opening next month and a planned nationwide rollout in 2017. With...

SAN FRANCISCO, March 21, (THEWILL) – Sterling Bank Plc has recorded growth in virtually all its performance indicators for the year ended December 31, 2015, pushing up profit before tax by 2.5 per cent to N11.0 billion. Profit after tax,...

Western Union Co (WU.N) said on Monday it would expand in Cuba, at a time when U.S. President Barack Obama started a historic Cuba tour as the two countries attempt to rebuild their bilateral relationship. Cuba said last week it...

Amazon.com Inc (AMZN.O) said it has warrants to buy a stake in Air Transport Services Group Inc (ATSG.O), 9.99 percent of which will become exercisable as of July 8 or when Air Transport holds its shareholder meeting - whichever...

A stronger dollar and weaker oil prices weighed on European shares on Monday, though gains in Chinese equities and a benign U.S. interest rate outlook brightened investors' mood. At the start of a week shortened by the Easter break, the...

The U.S. government plans to temporarily lift export curbs it imposed on Chinese telecom equipment and smartphone maker ZTE Corp (0763.HK) for alleged Iran sanctions violations, a senior Department of Commerce official said. The Commerce Department restrictions imposed earlier this...