Business

BEVERLY HILLS, February 19, (THEWILL) – A South African retail company, Truworths has shut its outlets in Nigeria as a result of the prevailing economic realities in the country, coupled with Federal Government’s policies aimed at strengthening the battered...

U.S. stock indexes were lower on Friday morning, led by energy shares as a rally in oil prices fizzled out, and as CPI data indicating firmer inflation trends rekindled prospects of a rate hike this year. All 10 major S&P...

Yahoo Inc said its board has formed a committee of independent directors to explore strategic alternatives, alongside its plan to revamp and spin off its Internet business. The move comes two days after Bloomberg reported activist investor Starboard Value LP...

Feb 19 Amazon.com Inc AMZN.O wants to set up a network of parcel lockers across Europe to enable people to pick up their own orders as it seeks to widen delivery options and cut costs. Amazon already runs its own...

BEVERLY HILLS, February 18, (THEWILL) - The naira further depreciated in value to a record low of N400/$ following continued scarcity of the greenback as well as speculation occasioned by the forex policy of the Federal Government, THEWILL findings...

U.S. stock indexes were set to open higher on Thursday, and extend a three-day rally, as oil prices continued to rise. Brent crude prices were up 2.5 percent, rising for the second straight day after Iran supported plans to freeze...

Dish Network Corp (DISH.O) reported a 3.4 percent rise in full-year revenue, helped by higher revenue per user in its core pay-TV business. However, net income attributable to Dish fell to $747 million, or $1.61 per share, in 2015 from...

The newest Federal Reserve policymaker dismissed concerns that his call for radical action to rein in "too big to fail" banks was a partisan move, and instead said on Wednesday it highlighted the U.S. central bank's independence from politics. Minneapolis...

SAN FRANCISCO, February 17, (THEWILL) – As shortage of dollar persists at the foreign exchange (FX) market, the naira on Wednesday, significantly depreciated in value against the dollar across segments of the market. Checks by THEWILL revealed that it dropped...

Apple will contest a court order to help FBI investigators access data on the phone belonging to San Bernardino gunman Syed Rizwan Farook. The company had been ordered to help the FBI circumvent security software on Farook's iPhone, which the...