Business

BEVERLY HILLS, December 30, (THEWILL) – The Naira on Wednesday strengthened against the dollar at inter-bank market as activities begin to slow preparatory to the end of the year . Consequently, after trading on the same day, Naira gained N0.54k...

U.S. tech giant Apple will pay Italy's tax office 318 million euros ($348 million) to settle a dispute and sign an accord next year on how to manage its tax liabilities from 2015, a source with direct knowledge of...

China's central bank has suspended at least three foreign banks from conducting some foreign exchange business until the end of March, three sources who had seen the suspension notices told Reuters on Wednesday. Included among the suspended services are liquidation...

Twitter Inc has clarified its definition of abusive behavior that will prompt it to delete accounts, banning "hateful conduct" that promotes violence against specific groups. The social media company disclosed the changes on Tuesday in a blog post, following rising...

Pep Boys-Manny Moe & Jack (PBY.N) said its board determined activist investor Carl Icahn's latest buyout offer was superior to the deal it accepted from Bridgestone Corp (5108.T), and the U.S. auto parts retailer moved to terminate the Bridgestone...

Barclays Plc will pay more than $13.75 million to settle U.S. regulatory charges that it let retail brokerage customers make unsuitable mutual fund transactions, including more than 6,100 fund switches, over a five-year period. The Financial Industry Regulatory Authority on...

Annualized U.S. single-family home prices rose in October at a slightly faster pace than in September and above market expectations, a closely watched survey showed on Tuesday. The S&P/Case Shiller composite index of 20 metropolitan areas gained 5.5 percent in...

Oil prices rose by $1 a barrel on Tuesday in thin trade amid prospects of colder weather in coming weeks but the outlook for 2016 remained bearish due to slowing global demand and abundant supplies from OPEC members. Brent and...

China's central bank said on Monday that it would "flexibly" use various policy tools to maintain appropriate liquidity and reasonable growth in credit and social financing. The People's Bank of China will keep the yuan basically stable while forging ahead...

Strong online sales and demand for furniture and women's apparel helped U.S. retail sales grow by a "solid" 7.9 percent this holiday season, according to MasterCard Advisors SpendingPulse. U.S. retail sales, excluding automobiles and gas, had grown 5.5 percent in...