Business

Apple is kicking off a busy week: Today the giant tech company will host reporters and analysts at its Silicon Valley headquarters for a product launch event. On Tuesday, its lawyers will square off with authorities in federal court...

SAN FRANCISCO, March 18, (THEWILL) – The market capitalisation of the Nigerian Stock Exchange (NSE) on Friday appreciated by N5 billion to close at N8.838 trillion. The News Agency of Nigeria (NAN) reports that this was against the N8.833 trillion...

British government efforts to crack down on money laundering and fraud through UK businesses are failing to tackle a key area - the role of company formation agents - a Reuters study of the sector shows. Some formation agents, who...

Oil rose above $42 a barrel on Friday, hitting its highest this year and extending a rally into a fourth week on expectations of a production freeze by major exporters, stronger seasonal demand and dollar weakness. Brent crude's front-month contract...

Upscale jeweler Tiffany & Co (TIF.N) said it expected profit to fall in the first half of this fiscal year as a strong dollar hurts tourist spending at its stores in the United States and erodes revenue from other...

Oil rose above $41 a barrel briefly on Thursday, trading close to a 2016 high, bolstered by a plan among some of the world's biggest producers to meet next month to discuss supporting the market. OPEC and non-OPEC producers including...

The breakup of Royal Dutch Shell's and Saudi Aramco's giant U.S. refining joint venture draws a line under an often rocky relationship and allows Aramco to accelerate an ambitious public offering and Shell to push ahead with a large...

SAN FRANCISCO, March 16, (THEWILL) – The naira on Wednesday witnessed a significant rise in value against the dollar by N1.51k or 0.76 percent at the interbank foreign exchange (FX) market. According to data from the FMDQ, it closed at...

U.S. stock indexes were little changed on Wednesday as investors awaited the outcome of a Federal Reserve meeting on monetary policy. While the central bank is expected to leave interest rates unchanged, investors will keep a close eye on its...

Swiss bank UBS (UBSG.S) plans to cut around six percent of its investment banking jobs in Europe in the coming weeks, two sources familiar with the matter told Reuters. The Swiss bank plans to lose about 300 staff out of...