Business

Energy Transfer Equity LP (ETE.N), the U.S. pipeline company that agreed to acquire Williams Companies Inc (WMB.N), has held talks to sell gas station and convenience store operator Sunoco LP (SUN.N), according to three people familiar with the matter. While...

BEVERLY HILLS, March 11, (THEWILL) – Transactions on the Nigerian Stock Exchange (NSE) closed the week on Friday with market capitalisation appreciating by N22 billion or 0.25 per cent to close at N8.94 trillion from the N8.92 trillion recorded on...

...Phone company offers to spread cash payments over five years ...MTN would purchase government bonds, allow access to network MTN Group Ltd. has proposed to pay 300 billion naira ($1.5 billion) to settle a record $3.9 billion fine in Nigeria for...

The euro slumped and shares and bonds rallied on Thursday as traders cheered aggressive stimulus measures by the European Central Bank which cut its main interest rate to zero and souped up its QE program to include corporate bonds. Markets...

Twitter Inc has been sweetening employee compensation packages to retain talent as the company's user growth stalls and it stock price slides, the Wall Street Journal reported. Four top executives left the company in January, the biggest leadership exodus since...

Yahoo Inc (YHOO.O) said it appointed two independent directors, returning the size of its board to nine people as it explores the sale of its core business amid pressure from activist investors. The new directors are former Morgan Stanley (MS.N)...

Wall Street rose on Thursday after the European Central Bank cut key interest rates and boosted its stimulus program, but a decline in energy stocks capped gains. The ECB pushed deposit rate deeper into negative territory and increased its asset-buying...

Nigeria's petroleum minister said on Wednesday he would hold talks with trade unions to resolve a strike over restructuring at the state oil company in Africa's biggest crude producer. President Muhammadu Buhari has prioritised reforming Nigeria's oil sector, long mired...

Oil prices surged as much as 4 percent on Wednesday, with Brent back above $40 a barrel, after a big draw in U.S. gasoline convinced the market that energy demand was improving despite U.S. crude stockpiles at record highs. Crude...

Depositors at some of the largest U.S. banks are finally going to get the chance to do something quick and simple: send money to another person's account instantaneously by mobile phone. The idea has been in the works for at...