Business

A surprise move by the Bank of Canada to cut interest rates on Wednesday could reignite Canada's housing market and renew fears of a bubble, just as the market had finally begun to cool after a five-year run to...

BEVERLY HILLS, January 21, (THEWILL) – United Capital Plc. Wednesday released its authoritative and eagerly anticipated Nigerian Economy and Financial Markets 2015 report. The report provides a detailed review of the Nigerian market in 2014 with projections for 2015,...

International Business Machines Corp posted a new 2015 profit target and quarterly revenue that both missed analysts' estimates, as the one-time world technology leader continues to grapple with its journey from low-margin hardware maker to the new world of...

Netflix Inc's faster-than-expected rollout in overseas markets surprised many analysts, who scrambled to raise their price targets on the stock. Shares of the video streaming service, which reported stronger-than-expected quarterly results on Tuesday, were set to open about 18 percent...

U.S. stocks opened higher on Tuesday as lower growth forecasts from the International Monetary Fund spurred hopes that central banks would take more aggressive policy stances to accelerate economic improvement. The Dow Jones industrial average rose 32.82 points, or 0.19...

With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world’s second-most populous nation if it were a country. While its users may populate only a virtual country, Facebook says it generates a lot of...

Brent crude oil prices steadied around $49 a barrel on Tuesday after the International Monetary Fund cut its forecast for global economic growth in 2015 implying lower demand for fuel. Global growth is projected at 3.5 percent for 2015 and...

Delta Air Lines Inc said on Tuesday it lost $712 million in the fourth quarter largely due to fuel hedge settlements, although the carrier topped analysts' estimates and offered positive outlook for the start of 2015. The Atlanta-based carrier lost...

Nigeria's Seplat Petroleum Development Company has won an extension to a deadline for announcing whether it intends to make a firm offer for oil producer Afren, the London-listed firm said on Monday. Seplat confirmed earlier this month that it had...

Nigeria’s naira weakened to a record low a day before the central bank decides on interest and exchange rates and as Morgan Stanley and Renaissance Capital forecast further declines for the currency battered by low oil prices. The naira fell...