Business

Written by Lukman Otunuga, Research Analyst at FXTM Global stocks were swift to relinquishing their gains during trading on Tuesday as the toxic combination of renewed Brexit anxieties and ongoing concerns over the unstable financial landscape soured investor risk appetite....

Michael Dell and Silver Lake Partners underpriced their 2013 $24.9 billion buyout of Dell Inc by about 22 percent and may have to pay tens of millions to investors who opposed the deal for the computer maker, a Delaware...

Gulf OPEC members including Saudi Arabia are looking to revive the idea of coordinated oil-output action by major producers when the group meets on Thursday, a senior OPEC source said, but Iran signaled the country was not ready for...

BEVERLY HILLS, May 31, (THEWILL) – Activities on the Nigerian Stock Exchange (NSE) on Tuesday resumed after the public holiday to mark. Democracy Day on a downward trend with the market capitalisation, shedding N428 billion to profit taking. The market capitalisation...

After suffering nine days of consecutive losses and falling to a three-month low, marginally below $1200 during trading on Monday, Gold is now attempting to consolidate and stabilize around $1200. The month of May has overall been a painful one...

Wall Street was set to open higher on Tuesday after strong consumer spending data gave the latest sign of improvement in economic growth and supported the Federal Reserve's stance to increase interest rates in the coming months. U.S. consumer spending...

Chinese e-commerce firm Alibaba Group Holding Ltd has told vendors on its Tmall website to stop selling medicine, saying a local regulator has issued an "urgent" directive halting drug sales via third-party platforms. Alibaba, in a notice dated May 27...

Analysis of data seized by investigators in last week's raid of Google's (GOOGL.O) Paris headquarters could possibly take years, French financial prosecutor Eliane Houlette said on Sunday. Dozens of French police raided Google's offices on Tuesday, escalating an investigation over...

Oil prices edged lower toward $49 a barrel on Monday as Iraq raised its crude exports target ahead of an OPEC meeting while Canadian production was set to restart after huge wildfires. Attention turned to a meeting of the Organization...

European shares hit one-month highs on Monday, while the dollar index rose to a two-month peak after Federal Reserve Chair Janet Yellen suggested that an interest rate hike in the United States may be around the corner. The Fed should...