Business

… Challenges Minister, APC To Debate On Economy SAN FRANCISCO, February 01, (THEWILL) – With the presidential elections just barely two weeks away, former Central Bank Governor, Professor Charles Soludo, Sunday published a follow up to the Op-Ed he published...

Stock prices in the U.S. energy sector have been under pressure in 2015, and there could be more bad news to come when several key players report their fourth-quarter results next week. The group has been falling alongside crude oil...

Chevron Corp (CVX.N), the second-largest U.S. oil producer, reported a higher-than-expected quarterly profit on Friday as sales of chemicals, lubricants and other refined products helped offset plunging crude prices CLc1. That drop in crude prices, about 60 percent since June,...

AT&T Inc (T.N) spent close to half the total in the record-setting U.S. sale of airwaves for mobile data, with Dish Network Corp (DISH.O) spending heavily to manage a surprise win at No.2 ahead of Verizon, results showed on...

Nigeria's central bank intervened on Friday, selling an undisclosed amount of dollars to prop up the naira currency, which has been hit hard by falling global oil prices, dealers said. The bank has been intervening this week to lift the...

Xerox Corp (XRX.N), best known as a maker of printers and copiers, reported a 3.5 percent fall in quarterly revenue as printer sales declined. Net income attributable to Xerox fell to $156 million, or 13 cents per share, for the...

Qatar Airways has bought a 9.99 percent stake in International Consolidated Airlines Group (IAG) worth around 1.15 billion pounds ($1.7 billion), building closer ties with the owner of its partners British Airways and Iberia in the oneworld alliance. Qatar's national...

Crude oil will likely continue falling before posting only a mild recovery in the second half of this year, a Reuters survey of analysts showed on Friday, with prices set to average even less in 2015 than during the...

Global banks expect to increase base salaries by less than 3 percent this year and most are not planning to overhaul their pay structure in the face of tougher European Union rules on bonuses, a survey reported on Thursday. Salary...

Samsung Electronics Co Ltd (005930.KS) is closer to losing its crown as global smartphone leader after posting a plunge in quarterly mobile earnings on Thursday, a day after rival Apple Inc (AAPL.O) reported the biggest profit in corporate history. The...