Business

A surge in mergers and acquisitions in the healthcare sector has been a windfall for investment bankers, with fees from activity in the sector up 59 percent in the first half of 2015, according to Thomson Reuters data. Goldman Sachs...

BP has reached an $18.7bn (£12bn) settlement with the US Department of Justice (DoJ) following the 2010 Gulf of Mexico oil spill. It comes as a US federal judge was expected to rule on how much BP owed in Clean...

Airbus (AIR.PA) signed an agreement on Thursday to set up its second plant on Chinese soil in a deal that the European planemaker hopes will lead to lucrative new plane orders. The 150-million-euro plant will be placed alongside an existing...

BEVERLY HILLS, July 01, (THEWILL) – “Providing access to electricity for schools, hospitals, businesses and industries is the single most impactful intervention that can be made to transform the continent. It has tremendous implications for job creation, health, food...

The president of the European Parliament has urged lawmakers to support a trade deal between Europe and the United States, telling them that setting up a new European court to settle trade disputes could overcome public resistance to the...

SAN FRANCISCO, June 30, (THEWILL) – Former Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, has denied spending without authorisation $2.1 billion from the Excess Crude Account, saying the Federation Accounts Allocation Committee (FAAC) approved...

BEVERLY HILLS, June 30 (THEWILL) – The Central Bank of Nigeria (CBN) has extended the Bank Registration Verification (BVN) deadline to Oct. 31, to accommodate customers who had thronged the banks to beat this week’s deadline. The extension was announced Tuesday...

Nigeria's Oando has agreed to sell a 60 percent stake in its downstream business to Vitol and Helios Investment Partners for $276 million, the energy company said on Tuesday. Oando, which is shifting away from being a marketer of refined...

EU authorities made a last-minute offer to salvage a bailout deal that could keep Greece in the euro as the clock ticked down on Tuesday, with Germany warning that time had run out to extend vital credit lines to...

Microsoft Corp (MSFT.O) said on Monday it will hand over its display advertising business to AOL Inc and sell some map-generating technology to ride-hailing app company Uber, as it slims down its money-losing online operations. The moves mean Microsoft will...