Business

Toyota Motor Corp moved into damage control mode on Friday after its new communications chief Julie Hamp, an American and its first senior woman executive, was arrested on suspicion of illegally bringing pain killers into Japan just two months...

Nigeria's central bank has called a meeting with chief executives and treasurers of commercial lenders on Friday to discuss issues surrounding its policy on the foreign exchange market, multiple banking sources told Reuters. The central bank imposed tight controls on...

Wall Street was higher at the open, a day after the Federal Reserve said the U.S. economy is likely strong enough to withstand an interest rate increase later this year but indicated that the pace of a hike will...

Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers' wallets, according to...

BEVERLY HILLS, June 17 (THEWILL) – The Dangote Foundation – the global philanthropic arm of Dangote Industries Limited has donated $1million to the government of the earthquake-hit Federal Democratic Republic of Nepal as humanitarian aid and disaster relief for...

SAN FRANCISCO, June 17, (THEWILL) –  ECOWAS on Wednesday in Abuja assured that its plan to introduce a single currency in the region by 2020 was on track. The acting Director, Directorate of Multilateral Surveillance of the union, Dr. Nelson...

U.S. stock index futures inched up on Wednesday but investors remained cautious ahead of a Federal Reserve statement that could provide hints on the timing of a rate hike. * Investors will scour the statement after a U.S. Federal Reserve...

Package delivery firm FedEx Corp (FDX.N) on Wednesday reported a quarterly net loss due to a $2.2 non-cash pretax charge related to a move to mark-to-market accounting for employee pensions. The Memphis-based company reported a fiscal fourth-quarter loss of $895...

Volkswagen's (VOWG.DE) chief executive told staff on Wednesday of a coming reorganisation of Europe's biggest carmaker in the wake of the departure of its chairman. "Volkswagen has to make its management structure fit for the future," Martin Winterkorn told around...

BEVERLY HILLS, June 16 (THEWILL) – Eleven ships laden with petroleum products and food items have arrived Lagos ports and awaiting to berth, the Nigerian Ports Authority’s (NPA) daily publication ‘Shipping Position’ said Tuesday. The document stated that three of...