Business

BEVERLY HILLS, June 09, (THEWILL) – Customers of commercial banks in Nigeria have called for an end to excessive charges levied on them by commercial banks. A cross section of the customers, who spoke to the News Agency of Nigeria...

Dutch pension fund manager PGGM said on Tuesday Hewlett-Packard had agreed to pay $100 million to settle a class-auction lawsuit relating to the company's 2011 acquisition of Autonomy, a "big data" analysis company. PGGM alleged that HP made "false and...

SAN FRANCISCO, June 08, (THEWILL) – The naira on Monday strengthened further as it sold at N216 against the dollar at the Bureau de Change (BDCs). The currency gained N2 from N218 that it traded at the segment on Friday. The...

SAN FRANCISCO, June 08, (THEWILL) – Ecobank has appointed Ade Ayeyemi as its new Group Chief Executive Officer. His appointment is effective from 1 September 2015, the bank said in a Monday statement. The statement said, “Mr Ayeyemi, 52, will...

German Chancellor Angela Merkel urged Group of Seven (G7) leaders to commit to tough goals to cut greenhouse gases on the final day of their summit in Bavaria on Monday, at which they also discussed the threat from Islamic...

Any possible military dimensions of Iran's nuclear program can be clarified if the details of a preliminary deal sealed in April between Tehran and six world powers are implemented, the head of the U.N. nuclear watchdog said on Monday. Iran...

A senior U.S. official denied on Monday a news wire report that President Barack Obama had told a Group of Seven industrial nations' summit that the strong dollar was a problem. Bloomberg News earlier quoted a French official as saying...

U.S. stocks were set to open modestly lower on Monday as investors digested Friday's strong jobs data, which increased expectations that the Federal Reserve could raise interest rates as soon as September. Stronger-than-expected jobs data for May and a pickup...

SAN FRANCISCO, June 05, (THEWILL) – The Organisation of Petroleum Exporting Countries (OPEC) has said it has decided to maintain its maximum production limit at 30 million barrels of oil a day. The decision was made at the cartel's meeting...

Vodafone, the world's second-biggest mobile telecoms company, said on Friday it was in talks with Europe's largest cable operator, Liberty Global, about an exchange of "selected assets" but was not discussing a full-blown merger. "Vodafone is not in discussions with...