Business

SAN FRANCISCO, December 19, (THEWILL) – The naira on Friday strengthened against the dollar after weeks of free fall at the parallel market. The currency gained N10 to exchange at N270 to the dollar after it nosedived to N280 on...

The U.S. Department of Justice is pursuing a criminal investigation of a May 2014 data breach at ride service Uber, including an examination of whether any employees at competitor Lyft were involved in the episode, sources familiar with the...

BlackBerry Ltd reported a smaller-than-expected fiscal third-quarter loss on Friday and its first quarter-to-quarter revenue gain in over two years, indicating turnaround efforts may be gaining traction. The better-than-expected results, driven by higher hardware and software revenues, sent up BlackBerry...

Investors turned cautious on Friday about what a stronger dollar and weak commodity prices could mean for the world economy, as a clutch of central banks moved to cushion the impact of the first U.S. rate rise in nearly...

Oil prices edged higher on Friday as investors closed positions ahead of the end of the year though crude was still heading for a third weekly loss in a row, its longest losing streak in four months. Global benchmark Brent...

Apple Inc said it promoted Apple Watch project head Jeff Williams to the role of chief operating officer, filling a position that had been vacant since Tim Cook took over as chief executive in 2011. Williams, who until recently was...

Nigeria, aiming to boost its crude output, is still grappling with decrepit refineries that fail to produce fuel, which it has to import, the head of state oil firm the Nigerian National Petroleum Corporation (NNPC) said on Thursday. Oil production...

Oil prices fell as much as 2 percent on Thursday, with Brent trading not far from 11-year lows, as data showing fresh supply builds at the delivery point for U.S. crude futures added to worries about a global glut. Market...

BEVERLY HILLS, December 17, (THEWILL) – The Central Bank of Nigeria (CBN) will cancel the weekly sale of foreign exchange to Bureau De Change dealers anytime from now, two sources familiar with the development at the apex bank have...

Electronic payment company PayPal Holdings Inc said on Thursday it will increase its paid maternity and sick leave programs and offer time off for U.S. employees to volunteer and care for ill family members. Beginning Jan. 1, expectant mothers will...