Business

The U.S. Department of Justice (DOJ) has requested more information from around 40 Swiss banks taking part in a program to make amends for possibly aiding tax evasion by wealthy Americans, a Swiss newspaper reported on Thursday. About 100 Swiss...

U.S. stock index futures fell on Thursday as concerns over global growth reemerged after weak business data out of the euro zone and a loss of momentum in Chinese factories. * Euro zone business is growing at a slower pace...

Arizona State filed a lawsuit against General Motors Co (GM.N), claiming the carmaker put the public at risk by concealing safety defects to avoid the cost of recalls. Arizona was seeking an estimated $3 billion from GM, the New York...

...Fixes Oil Benchmark At $73 Per Barrel BEVERLY HILLS, November 19, (THEWILL) – The Presidency on Wednesday submitted a new revenue projection that factored in new economic realities in the country. This is against the backdrop of the much publicised austerity...

Ford Motor Co's (F.N) drive to make its sport utility vehicles (SUV) and other models lighter to save fuel and boost performance will not be delayed by a recent drop in oil prices, Executive Chairman Bill Ford said on...

U.S. stock index futures were little changed on Wednesday following record closing highs for both the Dow and S&P 500 and ahead of housing data and minutes from the most recent Federal Reserve policy meeting. * Data on housing starts...

Dollar General Corp (DG.N) may need to divest more than 4,000 stores to win approval from the U.S. Federal Trade Commission for its acquisition of Family Dollar Stores Inc (FDO.N), the New York Post reported, citing two sources close...

BEVERLY HILLS, November 18, (THEWILL) – The trial of a former Chairman of the House of Representatives Ad-hoc Committee on Fuel Subsidy Regime, Mr. Farouk Lawal, and the committee's secretary Boniface Emenalo, was Tuesday stalled at an Abuja High...

SAN FRANCISCO, November 18, (THEWILL) – Women who chose Ruby, a female focused current account offered by pan-African bank, United Bank for Africa (UBA) Plc, will now enjoy more perks as the bank has expanded its list of exclusive...

Stocks rose and the naira currency fell yesterday, as markets tried to digest plans by Nigeria’s finance minister to mitigate the unfavourable effects of the declining oil prices, which have significantly reduced government revenue since June. The main benchmark index,...