Business

BEVERLY HILLS, January 08, (THEWILL) – Analysts at Cowry Asset Management Limited have predicted a stability in Federal Government Bond (FGN bond) prices in the coming weeks based on bargain hunting activities amid attractive yields and relatively stable financial...

Chelsea Football Club's wage bill shot up £25m in the year to 30 June 2015, its latest Companies House filing shows. It means Chelsea's wage bill was the highest of all the Premier League clubs at £215.6m, compared with £190m...

Oil prices rose modestly on Friday, still within reach of 11 and a half-year lows, boosted by a recovery in Chinese shares, but persistent global oversupply and a bleak demand outlook capped gains. Beijing deactivated a circuit breaker mechanism that...

Hyundai Motor Co (005380.KS) said on Thursday it will start making its Santa Fe Sport at its Montgomery, Alabama, factory in early summer to increase supply for the quick-growing crossover sport utility vehicle (SUV) segment of the U.S. market. The...

Yahoo Inc (YHOO.O) is working on a plan to cut its workforce by at least 10 percent and it could start the process as early as this month, Business Insider reported, citing sources. "We are not confirming this rumor or...

SAN FRANCISCO, January 07, (THEWILL) – Management of MTN Nigeria has confirmed the completion of the acquisition of Visafone, a leading CDMA firm in Nigeria, in a bid to improve the quality of broadband services for its subscribers. According to...

BEVERLY HILLS, January 05, (THEWILL) – The market capitalisation of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by N93 billion for the second consecutive day. At the end of trading, the market capitalisation lost N93 billion or 0.95...

The U.S. Justice Department has sued Volkswagen for up to $90 billion for allegedly violating environmental laws - five times regulators' initial estimate and a reminder of the carmaker's problems nearly four months after its emissions scandal broke. Although such...

Barclays Plc will announce job cuts in its investment banking businesses across Asia, including closing the businesses in Korea and Taiwan, people with direct knowledge of the matter told Reuters, in the latest cuts for the London-based lender in...

China's industry and commerce regulator has asked Microsoft Corp to explain "major issues" that it says have come to light from digital data obtained as part of an anti-trust investigation. The State Administration of Industry and Commerce, or SAIC, did...