Business

U.S. stock index futures pointed to a higher open on Tuesday as a pair of big M&A deals boosted market optimism and pointed to a rebound from the broad decline in the previous session, which was the S&P 500's...

British luxury carmaker Jaguar Land Rover said on Tuesday it has reached a deal over pay and pensions with union representatives after revising its offer, which will now be recommended to staff to settle a dispute that had threatened...

Apple Inc (AAPL.O) will defend against allegations that it abused a monopoly position in the digital music player market as it heads to trial in a case that could cost the company about $1 billion if it loses. Opening statements...

At 11:00am Monday, during a major press conference at Heirs Place, Mr. Tony Elumelu announced the launch of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP). TEEP is the flagship entrepreneurship programme of the Tony Elumelu Foundation, with the aim to...

Nigeria's naira touched a new record low of 183.05 against the dollar on Monday, driven by concerns over a sustained low oil price and expectations foreign investors would demand more dollars to pull out of local assets, dealers said. The...

Oil prices fell to a five-year low on Monday, sending the rouble tumbling, while fears over slowing manufacturing activity in Europe and China undermined global confidence. The Russian currency slid more than 6% against the dollar to a new record...

European Union antitrust regulators will decide by Jan. 14 whether to clear two asset trade deals between Swiss drugmaker Novartis and British rival GlaxoSmithKline, the European Commission said on Monday. Novartis is buying GSK's oncology products for $14.5 billion plus...

The European Union's insurance watchdog said on Monday it expected rapid action from insurers and supervisors to address weaknesses in capital and business models it had identified in a series of stress tests. In findings released on Sunday, the independent...

State-controlled German rail company Deutsche Bahn is seeking a total of about 2.1 billion euros ($2.6 billion) in damages in Germany and United States from air freight carriers that were involved in a cartel. The separate suits relate to...

Nigeria's naira fell 2.5 percent on Friday, despite central bank intervention, and it briefly touched a record low on concerns OPEC's decision not to cut oil output would put further pressure on Nigeria's shaky finances. The central bank has struggled...