Business

U.S. and European authorities have arrested 16 suspected members of underground drugs and weapons cybermarkets this week, in addition to the alleged operator of the website known as Silk Road 2.0, Europe's police agency Europol said on Friday. U.S. authorities...

Nigeria's central bank banned the sale of dollars to importers of telecom equipment, power generators and finished products at its foreign exchange auction, instead shifting demand to the interbank market, dealers told Reuters on Thursday. The central bank also restricted...

A new, ugly malware threat could be lurking for millions of Apple Inc. customers. The new family of malware, dubbed WireLurker, has been discovered by Palo Alto Networks Inc. PANW, +2.63% which said it shows “characteristics unseen in any previously...

European Central Bank members are all prepared to take more policy action if necessary and the bank's staff will prepare the groundwork in case, President Mario Draghi said on Thursday. The ECB kept interest rates at a record low 0.05...

Harold Hamm, the chief executive of North Dakota oil producer Continental Resources Inc (CLR.N), has stunned a bearish crude market by scrapping all of the company's hedges - a bold bet that prices will recover soon after sliding some...

More than 300 companies, including PepsiCo Inc (PEP.N), AIG Inc (AIG.N) and Deutsche Bank AG (DBKGn.DE), secured secret deals from Luxembourg to slash their tax bills, the International Consortium of Investigative Journalists (ICIJ) reported, quoting leaked documents. The companies appear...

SAN FRANCISCO, November 05, (THEWILL) – The National Leader of the All Progressives Congress (APC), Asiwaju Bola Tinubu, has bagged the Achievement Award of a group, the Africa's Young Entrepreneurs (AYE). Tinubu, who was also appointed as AYE patron, was...

U.S. stock index futures pointed to a higher open on Wednesday after the Republican Party took control of the Senate in the midterm elections, as expected, and following a report on the labor market that was stronger than expected. The...

PSA Peugeot Citroen (PEUP.PA) will open an engineering centre in Morocco with consulting firm Altran (ALTT.PA) in the first major step under new boss Carlos Tavares to increase the French carmaker's footprint in lower-wage countries, sources said. Peugeot will outsource...

U.S. private employers added 230,000 jobs in October, the most since June and exceeding economists' expectations as mid-sized businesses added the most workers in more than seven years, a report by a payrolls processor showed on Wednesday. Economists surveyed by...