Business

SAN FRANCISCO, December 15, (THEWILL) – Having come to the realisation that the funding of fuel subsidy which gulped over N1trn in 2015 was no longer sustainable in the years ahead, the federal government has announced its intention to...

...OPEC doesn't have a target price, looking for fair rate ...Any U.S. decision to export crude will not impact oil prices Global crude oil prices at seven-year lows will not continue and could swing upwards in as little as a year,...

U.S. stock index futures were higher on Tuesday, ahead of a widely expected increase in interest rates later in the week, as crude oil prices clawed back some losses. * The U.S. Federal Reserve kicks off a two-day policy meeting...

A U.S. trade body on Monday upheld its earlier decision that rejected Nvidia Corp's claims of patent violation by Samsung Electronics Co and Qualcomm Inc over use of Nvidia's graphics chip technology. The U.S. International Trade Commission (USITC) decided not...

Oil prices edged higher on Tuesday as a slump to near 11-year lows in the previous session triggered investors' buying appetite. Brent crude, the global benchmark, traded up 60 cents at $38.52 a barrel at 1117 GMT (6.17 a.m. EDT),...

Standard Chartered plc (STAN.L) has axed at least half a dozen oil and gas advisory banking roles in recent weeks, ending an eight-year attempt to build a global energy M&A team as new CEO Bill Winters moves to rein...

SAN FRANCISCO, December 14, (THEWILL) –The Securities and Exchange Commission (SEC) has advised all shareholders and investors in the Nigerian Capital Market to visit their banks or registrars to complete the e-Dividend Mandate Form. The advice, contained in a statement...

Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd (0583.HK), a deal that has raised a question over the outlook for...

Royal Dutch Shell expects to slash thousands more jobs to save costs if its takeover of BG Group goes through as planned early next year following a final green light from China. The acquisition, which was announced on April 8...

U.S. stock index futures were little changed on Monday as investors brace for a widely expected interest rate hike in more than a decade. The Federal Reserve will begin its two-day meeting on Dec. 15 to decide on the rate...