Business

Three companies have emerged to make a joint bid for Citigroup Inc's (C.N) credit card business in Japan, the Nikkei reported, as the U.S. lender goes ahead with plans to exit consumer banking in the country. Shinsei Bank Ltd (8303.T),...

Asian shares drifted while the dollar marked time on Friday ahead of the key U.S. jobs report later in the session that could help it retake ground lost to the euro overnight. MSCI's broadest index of Asia-Pacific shares outside Japan...

BEVERLY HILLS, December 04, (THEWILL) – President Goodluck Jonathan Thursday in Abuja assured Nigerians and foreign investors that the Nigerian economy will remain stable despite the drop in global oil prices. President Jonathan gave the assurance when a delegation of multinational...

Nigeria has slashed the oil price assumed in its 2015 budget by 11 percent to $65 a barrel from $73, in light of lower world oil prices, a Finance Ministry spokeswoman said on Thursday. It was the second time in...

...Naira down 11.8 percent this year as oil price drops (Adds naira close, intervention, comment from dealers) Nigeria's naira rose for the second straight day on Wednesday after the central bank sold dollars but still closed below the bottom of...

SAN FRANCISCO, December 04, (THEWILL) – A newly founded telecommunications consortium, NATCOM, Wednesday emerged the preferred bidder for the assets and liabilities of the moribund Nigerian Telecommunications Limited (NITEL) and its mobile arm, the Mobile Telecommunications (M-Tel), with a...

Asian stocks edged higher on Thursday as fresh signs of resilience in the U.S. economy offset some of the gloom over a weakening global outlook, while the euro wallowed near two-year lows before a much-anticipated European Central Bank meeting. Tokyo's...

Former Microsoft Corp (MSFT.O) Chief Executive Steve Ballmer and civil rights activist Jesse Jackson livened up the technology company's annual shareholder meeting on Wednesday, grabbing the spotlight from the current leaders on stage. Ballmer, who retired as CEO in February...

Mumbai civil servant Sachin Kenjale regularly ends his day with a steaming cup of instant coffee after trying the drink for the first time with friends around two years ago. Typical of the growing thirst for quick and cheap coffee...

The US Federal Bureau of Investigation (FBI) has warned that cyber-hackers have used malicious software to launch destructive attacks in the US. A five-page confidential warning was issued to US businesses on Monday, according to Reuters news agency. The software would...