Business

American Express Co (AXP.N) is raising interest rates for over 1 million cardholders for the first time in more than five years, Bloomberg reported. American Express told customers this month that their annual rates will rise an average of 2.5...

Brent crude oil rose to around $59 a barrel on Wednesday after data showed Chinese factories were producing more than expected and Saudi Arabia's oil minister said oil demand was growing. China's factory sector has expanded slightly this month, according...

U.S. stock indexes were little changed on Wednesday, after the Dow and S&P 500 climbed to their latest records, before a second day of testimony from Federal Reserve Chair Janet Yellen and data on the housing market. * The Fed...

SAN FRANCISCO, February 24, (THEWILL) – The APC Presidential Campaign Organisation (APCPCO) has challenged the Federal Government and the Nigerian Maritime Administration & Safety Agency (NIMASA) to tell Nigerians what happened to the $800 Million (US Dollars) and NGN50...

Visa Europe has announced a new, more secure way for consumers to pay retailers via smartphones, a move that could set the stage for Apple's (AAPL.O) Apple Pay and rival mobile payment services to be introduced into Europe in...

Indian tax officials searched the Mumbai headquarters of HSBC Holdings PLC (HSBA.L) last week as part of a probe related to allegations that the bank's Swiss business helped clients dodge taxes, a person with knowledge of the matter said...

World shares held near all-time highs on Tuesday on relief that Greece had submitted reform plans and the dollar was firmer on expectations that Fed chair Janet Yellen would keep the bank nudging towards U.S. rate hikes. European bourses traded...

BEVERLY HILLS, February 24, (THEWILL) – The Dangote Group has expressed optimism that with its ongoing agricultural projects across the country, Nigeria is on its way of being self-sufficient in the areas of food production. The Group reiterated its determination...

Nigeria will call an extraordinary meeting of OPEC if crude oil prices slip any further, the country's oil minister said in an interview with the Financial Times, in a sign of growing alarm over the impact of oil's collapse...

For the last decade, Wall Street brokerages have had a pact not to sue brokers that leave their firms and try to take clients with them. Now Bank of America BAC.N Merrill Lynch, one of the founding signers of...