Business

Greek Minister Says Europe Won’t Let Athens Go Under

Greece’s finance minister accused creditors of trying to "terrorize" Greeks into accepting austerity, warning Europe stood to lose as much as Athens if the country is forced from the euro after a referendum on Sunday on bailout terms. After a...

European Bonds And Stocks On The Defensive Before Tight Greek Vote

European bonds and stocks traded cautiously on Friday before a Greek referendum on EU-prescribed reforms that could determine the country's future in the euro zone and which polls suggest could go either way. Yields on top-rated German 10-year Bunds, the...

Aetna To Buy Humana For $37 Billion In Largest Insurance Deal

Ask ZiVA 728x90 Ads
Health insurer Aetna Inc (AET.N) on Friday said it would buy smaller rival Humana Inc (HUM.N) for about $37 billion in cash and stock, in the largest ever deal in the insurance industry. The combination will push Aetna close to...

FIRS Collects N1.8trn In 6 Months

The Federal Inland Revenue Service (FIRS) Thursday said that it collected N1.85 trillion as tax from the various sectors of the economy between January and June this year. The Acting Chairman of agency, Mr. Samuel Ogungbesan, made this known before...

Wall St. Up As Tepid Job Data Eases Rate Hike Concerns

U.S. stocks rose on Thursday after data showed job growth slowed in June, indicating that the U.S. Federal Reserve might hold off on raising interest rates in September. Eight of the 10 major S&P 500 sectors rose, with the utilities...

BP To Pay £12bn For Gulf Oil Spill

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...

Boom Times For Healthcare Mergers Bring Bankers 59 Percent Rise In Fees

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 To Pay £12bn For Gulf Oil Spill

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 Signs Deal For China Cabin-Completion Plant

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...

At AELG Meeting In Ivory Coast, Elumelu Calls For End To Energy Poverty

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...