Business

SAN FRANCISCO, January 26, (THEWILL) – The naira on Tuesday strengthened against the dollar across all foreign exchange (FX) market after the Central Bank of Nigeria (CBN) kept the Monetary Policy Rate (MPR) unchanged. The Monetary Policy Committee (MPC) in...

BEVERLY HILLS, January 26, (THEWILL) – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has voted against a devaluation of the naira. Speaking at the end of the meeting, CBN Governor Godwin Emefiele, disclosed that the...

South Korea's biggest carmaker, Hyundai Motors, has seen its profits fall for the eighth consecutive quarter, giving a cautious outlook for 2016. Net profit in the months from October to December dropped by 2% to 1.6 trillion won ($1.4bn). Earnings were...

Malaysia's top prosecutor has cleared Prime Minister Najib Razak of corruption in a long-running financial scandal that has gripped the nation. The attorney-general's office said the $681m (£479m) that Mr Najib received in his bank account was a personal donation...

Twitter Inc named American Express Co executive Leslie Berland as its chief marketing officer, Chief Executive Jack Dorsey tweeted on Tuesday. "Welcoming @leslieberland to Twitter! She will join as our CMO to help tell the stories of our iconic product!,"...

Oil rose further above $30 a barrel on Tuesday, lifted by hopes that OPEC and non-OPEC producers may be edging closer to a deal to tackle one of the biggest supply gluts in decades. The Organization of the Petroleum Exporting...

Apple Inc (AAPL.O) is expected to report iPhone sales increased slightly more than 1 percent in the holiday quarter when it announces earnings on Tuesday, its slowest growth ever and far from the double-digit growth investors have come to...

SAN FRANCISCO, January 25, (THEWILL) – The naira dipped further against the dollar across segments of the foreign exchange (FX) market on monday, due to shortage of supply, even as investors await the CBN Monetary Policy Committee (MPC) decision...

Oil prices fell 3 percent on Monday as Iraq announced record-high oil production feeding into a heavily oversupplied market, wiping out much of the gains made in one of the biggest-ever daily rallies last week. Brent crude, the global benchmark,...

Exxon Mobil Corp on Monday said efficiencies and increased use of renewable fuels will cut by half the carbon intensity of the world's economy by 2040 but climate policies will increase the cost of greenhouse gas emissions, according to...