Business

Doubts Over U.S. Growth Cool Dollar Rally

The dollar lost ground on Thursday, the last trading day of the week for many markets ahead of Easter, after disappointing U.S. economic data on Wednesday raised doubts over the growth outlook ahead of key jobs data due out...

Futures Fall As Investors Await Data

U.S. stock index futures were lower on Thursday, as investors held off on making big bets ahead of a critical payrolls report that will be released on Friday, a market holiday. Trading could be volatile as market participants will be...

Wal-Mart Support Of Gay Rights Turns On Business

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The chief executive of Wal-Mart Stores has emerged as an unlikely voice for gay rights after the Arkansas state governor heeded his call on Wednesday to reject a much-criticized bill. But the decision by Doug McMillon to speak out against...

EU Regulators Probe Apple’s Music Streaming Plans In Europe: FT

The European Commission is scrutinizing Apple Inc's dealings with record labels and digital music companies to find if they are trying to unfairly limit free, ad-supported rivals, the Financial Times reported citing people familiar with the matter. The commission has...

Dangote, Saipem Announce Joint Venture In Central And West Africa

SAN FRANCISCO, April 01, (THEWILL)  – Africa’s leading indigenous conglomerate, Dangote Industries Limited, has announced a multi-million dollar Joint Venture Agreement with Saipem, the Italian engineering and construction giants. The agreement has given birth to a new company named Saipem-Dangote...

Dangote Cement Opens New Plant In Senegal

...As Nigeria Ambassador to Senegal Salutes Aliko Dangote’s Business Acumen SAN FRANCISCO, April 01, (THEWILL)  –  Leading cement manufacturers, the Dangote Cement Plc., has rolled out products from its $300 million Cement Plant in Senegal amid excitement by the country's...

Weak Demand Hits China Factory, Services Firms In March, More Easing Seen

Surveys of China's factory and services sectors showed stubborn weakness in the world's second-biggest economy in March, adding to bets that Beijing will have to roll out more policy support to avert a sharper slowdown. Three separate surveys showed Chinese...

Asian Stocks Sag, Dollar Falls Vs Yen As Nikkei Recoils

Asian stocks were mostly lower on Wednesday, taking their lead from weaker U.S. shares, while the dollar slid against the yen as Tokyo's Nikkei recoiled in volatile trade. As share volatility rose, spreadbetters forecast a significantly lower open for Britain's...

Japan’s Sony Corp. Halves Stake In Olympus

Japan's Sony Corp has halved its stake in camera and endoscope maker Olympus Corp and is no longer its top shareholder, according to Olympus. Sony now owns 5 percent of Olympus shares compared to 10 percent as of end-September 2014,...

Teva To Buy U.S. Drug Developer Auspex Pharma For $3.5 Billion

Israel's Teva Pharmaceutical Industries said it would buy U.S. neurology drug company Auspex Pharmaceuticals Inc for an equity value of $3.5 billion to boost its portfolio of treatments for the central nervous system. Teva, the world's largest maker of generic...