Business

Oil prices rose on Thursday ahead of weekly U.S. stocks data, despite fresh signs of an economic slowdown in China and Japan. Crude prices have fallen more than 3 percent this week on persistent worries over global demand and a...

Facebook has nearly 20 million users in major African markets Nigeria and Kenya, statistics released by the social network showed on Thursday, with the majority using mobile devices to access their profiles. Facebook opened its first African office in Johannesburg...

Nigeria's state-owned oil company has set up four new crude swap contracts to replace those cancelled last month that were vital for bringing in about half of the country's domestic gasoline demand, industry sources and a state oil firm...

Wall Street was set to open higher on Wednesday as positive comments from Chinese officials kept alive hopes of further stimulus measures. China's Ministry of Finance said the government will strengthen fiscal policy, boost infrastructure spending and speed up reform...

With its highly profitable iPhone due for an upgrade, Apple is expected to unveil a pair of new handsets at an event in San Francisco on Wednesday, analysts say, in addition to showing off a larger iPad and an...

Wall Street analysts tempered their view on Yahoo Inc's stock after the company's plans for a tax-free spinoff of its stake in Alibaba Group Holdings Ltd hit a snag. The company's shares fell 3.4 percent to $29.85 in premarket trading...

Nigeria will be phased out of JP Morgan's Government Bond Index (GBI-EM) by the end of October, the bank said on Tuesday, after warning that currency controls were making bond market transactions too complex to meet its rules. When the...

Faster iPhones and a new TV box are likely to dominate Apple's launch event on Wednesday, but a tweak to the firm's mobile web browser will arguably be just as far-reaching. For the first time, Apple will allow adverts to...

Brent oil rose on Tuesday as strong European economic data and a year-on-year increase in Chinese crude imports outweighed concerns about Asia's economic growth and global oil oversupply. German exports in July climbed 2.4 percent on the month and imports...

China's imports tumbled in August, raising concerns about the health of the world's second-largest economy and its contribution to global growth. The data will add to the pressure on Beijing policymakers trying to ensure China's economy avoids a hard landing,...