Business

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...

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...