Business

Deutsche Bank AG (DBKGn.DE) said it would review its strategy in 2015 after a business magazine said it was considering major changes, possibly including the sale of its Postbank-branded (DPBGn.DE) retail unit and a revision of its profit targets. However,...

SAN FRANCISCO, December 17, (THEWILL) – Nigeria’s Finance Minister, Ngozi Okonjo-Iweala, Wednesday presented a N4.3trillion proposed appropriation for 2015 before the National Assembly in two separate appearances before the Senate and House of Assembly. Traditionally, budget presentations in the past have...

Technology giant Apple says it cannot sell products online in Russia because the rouble's value is too volatile for it to set prices. The company stopped sales of its iPhones, iPads and other products in the country after a day...

Business sentiment among Asia's top companies rebounded in the fourth quarter to the second-highest level in almost three years, a Thomson Reuters/INSEAD survey showed, helped by a stronger U.S. economy and a plunge in oil prices. The Thomson Reuters/INSEAD Asian...

Philips (PHG.AS) has agreed to acquire U.S.-based medical device maker Volcano Corp (VOLC.O) for $1.2 billion including debt, its largest healthcare acquisition in seven years and a bid to cash in on an aging population's need for more complex...

President Goodluck Jonathan warned Tuesday that Nigeria could be forced to cut further the amount of oil revenue it uses for government spending if the global crude price continued to plummet. The warning came on the evening of the presentation...

Sony Pictures Entertainment advised its current and former employees to be on the alert for fraudsters looking to use their stolen data, which included detailed personal information. In what is Sony's most detailed description on the types of data stolen,...

The global economy is ending the year in a fragile state with factory activity shrinking in China, euro zone business growth remaining weak, and emerging market giant Russia in a spiraling currency crisis. "These are uncertain times again and there...

Chinese authorities said on Tuesday that Honda Motor Co. and its two joint ventures in China would recall 569,769 cars due to potentially defective air bags which the carmaker said were made by Japan's Takata Corp.. Close to 20 million...

SAN FRANCISCO, December 16, (THEWILL) – Nigeria’s Petroleum Resources Minister was Tuesday appointed President of the Gas Exporting Countries Forum (GECF) at the 16th Ministerial Meeting of the forum holding in the Qatari capital city of Doha. The Minister who...