Business

The Renault-Nissan alliance drew a line under an eight-month power struggle with the French government on Friday, with a compromise deal balancing increased state influence at Renault with weakened control over its Japanese affiliate. The agreement, offering Nissan guarantees against...

Nigeria's central bank on Friday revised the rules for operating retail bureaux de change in a bid to tighten regulation to curb speculation after the long slide in oil prices hit its dollar reserves and currency . The naira was...

BEVERLY HILLS, December 10, (THEWILL) – Mr. Godwin Emefiele, the Governor of CBN, says the apex bank may not release funds due to banks following the reduction of the Cash Reserve Ratio (CRR) if they failed to lend to...

Wal-Mart Stores Inc (WMT.N) said it would launch 'Walmart Pay,' to become the first U.S. retailer to offer its own payment feature to expand consumer payment options and increase the speed of checkouts. Walmart Pay will be introduced in select...

A U.S. safety group said Japanese and German automakers dominated the list of the safest vehicles on American roads, in part by adding advanced technology to prevent frontal collisions. The Insurance Institute for Highway Safety, an industry funded group that...

Asian stocks slipped on Thursday as weak oil prices continued to feed global growth worries, while the euro held solid gains after a policymaker poured cold water on market expectations of more easing by the European Central Bank. European shares...

Apple Inc is struggling to persuade Australia's big banks to sign up for its Apple Pay mobile payment system, people familiar with the matter say, as the technology giant works from an unfamiliar negotiating position: weakness, not strength. Apple rolled...

BEVERLY HILLS, December 09, (THEWILL) – Out of 20 emerging and developed economies in the world, Nigeria has been ranked as the 10th biggest exporter of Illicit Financial Flows, IFF, between 2004 and 2013. The country ranked after South...

Yahoo Inc said it shelved a plan to spin off its stake in Alibaba Group Holding Ltd, citing tax concerns, and instead will create a company to hold all of its assets excluding its stake in the Chinese e-commerce...

U.S. stock index futures were little changed on Wednesday after China's consumer inflation rose slightly but remained under the government's 3 percent target for the year and commodity prices stabilized. * Data showed China's November consumer price index surprised on...