Business

Deutsche Bank's co-chief executive Juergen Fitschen went on trial on Tuesday, accused of giving misleading evidence in connection with the collapse in 2002 of the Kirch media empire in a case that could prove a major distraction at a...

T-Mobile US Inc (TMUS.N) said on Tuesday its revenue grew 13.1 percent in the first quarter as the wireless company rapidly grew its subscriber base. T-Mobile revenue rose to $7.8 billion from $6.88 billion a year earlier. This beat analysts'...

SAN FRANCISCO, April 27, (THEWILL) – President Goodluck Jonathan has approved the confirmation of Mr. Mounir Haliru Gwarzo as Director-General of the Securities and Exchange Commission (SEC), a presidency statement said Monday. Mr. Gwarzo, who has been acting as Director-General of...

‎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...