Business

igeria’s forex reserves rose by 40 million dollars in March on a 30-day moving average basis to 27.9 billion dollars. This is on the back of oil price climb to 40 dollars a barrel. In an analyst note released on Tuesday...

French telecommunications company Orange is to invest 75 million euro ($85 million) in Nigerian e-commerce group Africa Internet Group (AIG) and become a shareholder, the two companies said on Tuesday. AIG, which was founded in Nigeria in 2012, already counts...

The U.S. trade deficit widened more than expected in February as a rebound in exports was offset by an increase in imports, the latest indication that economic growth remained weak in the first quarter. The Commerce Department said on Tuesday...

The global economy's already modest prospects will decline further unless authorities take stronger action to boost growth, the head of the IMF warned on Tuesday, saying the Fund would cut its headline forecasts next week. Christine Lagarde said China's shift...

Twitter has won a deal to broadcast Thursday night National Football League games online, Bloomberg reported on Tuesday, citing a source familiar with the matter. Twitter Inc (TWTR.N), whose shares were up about 4 percent premarket trading, outbid a number...

Tom Staggs, the veteran Walt Disney Co executive who had been widely seen as the media company's next CEO, will step down on May 6 as the board expands its search for a successor to Bob Iger, Disney said...

The dollar fell on Tuesday to its weakest against the yen since October 2014 as investors pulled away from riskier assets, pushing shares and oil prices lower as the outlook for U.S. interest rates remained clouded. The Japanese currency, often...

Authorities across the globe have opened investigations into the activities of the world's rich and powerful after a cache of leaked documents from a Panamanian law firm showed possible wrongdoing using offshore company structures. The "Panama Papers" have cast light...

The U.S. Department of Justice said it had sued activist investor ValueAct Capital for violating pre-merger notification requirements related to oilfield service provider Halliburton Co's (HAL.N) deal to buy rival Baker Hughes Inc (BHI.N). The lawsuit, which says ValueAct used...

U.S. stocks opened slightly lower as oil prices touched a month-low on Monday as investors expressed scepticism over top exporters reaching an agreement to limit production. The Dow Jones industrial average .DJI was down 18.08 points, or 0.1 percent, at...