Business

Toshiba Corp (6502.T) is set to report an operating loss of more than 10 billion yen ($83 million) in the April-June quarter hurt by weakness in the consumer electronics business, the Nikkei business daily reported. Toshiba last reported a first-quarter...

Deutsche Bank (DBKGn.DE) is preparing to close all of its Russian operations, except for transaction banking services, a financial source told Reuters on Monday. It was very likely that the group would close 90 percent of its Russian activities, leaving...

Germany made clear it would agree to sharing more banking risk only if governments first proved they were ready to share more responsibilities as well, at a meeting of European Union finance ministers on Saturday. The ministers were discussing a...

...seeks to expand footprint in Nigeria to support growth Kroll, a foremost global corporate investigations and risk consulting firm, has described the economic operating environment in Nigeria as one with a unique set of challenges and opportunities for the discerning...

Oil prices fell more than 2 percent on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese economy, and after Saudi Arabia dismissed the idea of an oil producer summit. Joining a list...

Investors pulled another $19 billion from equity funds over the past week as they sought safety in government bond funds, which have enjoyed the longest run of inflows in four years, Bank of America/Merrill Lynch said on Friday. The exodus...

BEVERLY HILLS, September 10, (THEWILL) – Manufacturers of Cement in Nigeria are set to take the competition tussle a notch higher, following the slash in the price of the essential commodity implemented by the nation’s largest producer Dangote Group.   Dangote...

Wall Street was set to open lower on Thursday, with index futures wiping out earlier gains as more uncertain news emerged out of China. Data showed that producer prices in China fell for the 42nd straight month and car sales...

Apple Inc (AAPL.O) has just made buying a new iPhone every year more affordable - a move that analysts said will drive demand from now on, starting with the new iPhone 6S and 6S Plus.Apple announced a program on...

The U.S. Justice Department has issued new guidelines that emphasize prosecuting individual executives in white-collar crime cases, and not just their corporations. Deputy Attorney General Sally Yates, author of a memo outlining the rules for federal prosecutors, was to announce...