Business

Citigroup (C.N) is planning to shift the headquarters of its European retail banking operation to Dublin from London to benefit from lower costs and capital requirements. This week the bank wrote to clients to say the UK-based business, Citibank International...

A South Korean court on Friday said it will rule by July 1 on U.S. hedge fund Elliott's injunction request to block a Samsung C&T Corp (000830.KS) shareholder vote on an $8 billion takeover bid from Cheil Industries Inc...

Gazprom is building a global strategic alliance with energy major Royal Dutch Shell that will include asset swaps and allow the Russian gas giant to penetrate new markets, its chief executive told Reuters. Gazprom, the world's top gas producer, said...

Toyota Motor Corp moved into damage control mode on Friday after its new communications chief Julie Hamp, an American and its first senior woman executive, was arrested on suspicion of illegally bringing pain killers into Japan just two months...

Nigeria's central bank has called a meeting with chief executives and treasurers of commercial lenders on Friday to discuss issues surrounding its policy on the foreign exchange market, multiple banking sources told Reuters. The central bank imposed tight controls on...

Wall Street was higher at the open, a day after the Federal Reserve said the U.S. economy is likely strong enough to withstand an interest rate increase later this year but indicated that the pace of a hike will...

Nearly 20 percent of Apple Watch buyers are not only shelling out hundreds of dollars for the timepiece but are springing for a spare band too, giving the tech giant a profitable second dip into customers' wallets, according to...

BEVERLY HILLS, June 17 (THEWILL) – The Dangote Foundation – the global philanthropic arm of Dangote Industries Limited has donated $1million to the government of the earthquake-hit Federal Democratic Republic of Nepal as humanitarian aid and disaster relief for...

SAN FRANCISCO, June 17, (THEWILL) –  ECOWAS on Wednesday in Abuja assured that its plan to introduce a single currency in the region by 2020 was on track. The acting Director, Directorate of Multilateral Surveillance of the union, Dr. Nelson...

U.S. stock index futures inched up on Wednesday but investors remained cautious ahead of a Federal Reserve statement that could provide hints on the timing of a rate hike. * Investors will scour the statement after a U.S. Federal Reserve...