Business

Vodafone (VOD.L) is reviewing potential acquisitions, including of Europe's leading cable operator Liberty Global (LBTYA.O), to counter the pending consolidation among rivals in Britain, five people close to the matter said. The internal deliberations at the world's second-biggest mobile operator,...

Mall crowds were relatively thin on Black Friday in a sign of what has become the new normal in U.S. holiday shopping: the mad rush is happening the night of Thanksgiving and more consumers are picking up deals online. Across...

Oil plunged below $70 a barrel for the first time since 2010, leading a selloff in commodities and energy shares. Treasuries advanced and the dollar reached a five-year high, while retailers rose amid Black Friday sales. West Texas Intermediate tumbled 10...

BEVERLY HILLS, November 28, (THEWILL) – United Bank for Africa (UBA) Plc, one of Africa’s largest financial services institutions, swept the global banking awards in London, Thursday, winning in five categories to become one of the highest single winning...

World investors eased back on their exposure to risk assets such as stocks as they grappled with divergent monetary policies and multi-speed growth paths among major world economies, a global poll shows. A monthly survey of 47 senior investors in...

Britain's biggest drugmaker, GlaxoSmithKline Plc, fired an executive from its South African unit for refusing to appear for a performance review, which was called a week after he complained of racial discrimination in the workplace, Bloomberg reported, citing company...

Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year low. Brent oil fell more than $6...

SABMiller Plc, The Coca-Cola Company and Gutsche Family Investments (GFI) are combining their soft drinks bottling operations in South and East Africa to create a group with $2.9 billion in revenue across 12 fast-growing markets. The new company, which will...

Nigeria’s Finance Minister, Dr. Ngozi Okonjo-Iweala, has given an assurance that the government has put strategies in place to deal with falling oil prices for as low as $60 dollars per barrel. The Minister said the scenario-based approaches developed to...

Barclays' private bank in Switzerland has dropped out of a U.S. program aimed at cracking down on wealthy Americans evading taxes through hidden offshore accounts, the British bank's market head for Switzerland said on Thursday. "We have recently exited the...