Business

‎SAN FRANCISCO, April 27, (THEWILL) – President Goodluck Jonathan Monday ordered the immediate release of the forensic audit report of the accounts of the NNPC carried out by PricewaterhouseCoopers. The president's directive, which was made public in a presidency statement, is...

A move by British banking giant HSBC to relocate its headquarters back to Hong Kong would present major challenges to the city's banking watchdog, regulatory experts said. The Hong Kong Monetary Authority (HKMA) is regarded as one of Asia's leading...

Whisper it, but the next challenge for financial markets and policymakers may not be deflation, but the remarkable surge in oil prices from the six-year low touched in January. Since then, Brent crude futures have risen 45 percent. If that...

Deutsche Bank's (DBKGn.DE) biggest strategic overhaul under co-chief executives Anshu Jain and Juergen Fitschen got a thumbs down from investors on Monday who judged it too little too late. Germany's flagship lender has trailed rivals under the tenure of Jain...

U.S. stock index futures were up slightly on Monday after the Nasdaq Composite and S&P 500 chalked up record high closes on Friday and ahead of Apple's (AAPL.O) results after the close. Investors this week will also be closely watching...

SAN FRANCISCO, April 27, (THEWILL) – Nigeria’s President-elect, General Muhammadu Buhari, Sunday said a probe will be conducted into the alleged missing $20 billion crude revenue which the former Governor of the Central Bank of Nigeria (CBN), Mallam Lamido Sanusi...

Finland's Nokia denied reports in Chinese media that it planned to return to manufacturing phones. "Nokia notes recent news reports claiming the company communicated an intention to manufacture consumer handsets out of a R&D facility in China. These reports are...

A small group of Japanese tech-addicts lined up in Tokyo to become the first to buy the Apple Watch from select stores on Friday, but there was no sign of the frenzy that usually accompanies Apple Inc product rollouts. So...

Samsung Electronics (005930.KS) has pulled out all the stops on its new Galaxy smartphones, but their modest prices compared to the latest iPhones throw an uneasy spotlight on the long-term cost of fighting Apple's (AAPL.O) premium branding. The 64-gigabyte model...

Oil prices dipped under $62 a barrel on Wednesday after industry data showed a build in U.S. crude inventories for the 15th straight week, adding to concerns of a global supply glut. The American Petroleum Institute (API) said on Tuesday...