Business

China's growth engine looks to have ended last year on a flat note as its massive factory sector sputtered in December, though ebbing price pressures also offered scope for more policy stimulus from Beijing and across much of Asia. The...

Brent crude LCOc1 pared early gains to trade near $57 a barrel on Friday, as a glut of oil that has halved prices since June overshadowed investors repositioning at the start of the year for an eventual recovery. Brent has...

The euro took another downward lurch on Friday, sinking to a 4-1/2 year low against the dollar on clear indications that the European Central Bank will soon embark on outright money-printing. Yields on government bonds issued by the euro zone's...

SAN FRANCISCO, January 01, (THEWILL) – The $100 million Tony Elumelu Foundation Entrepreneurship Programme – an annual programme of training, funding and mentoring, designed to empower the next generation of African entrepreneurs – is now open for entries through its...

The head of the remuneration committee at scandal-hit British grocer Tesco PLC (TSCO.L), Stuart Chambers, is set to step down, Tesco said on Wednesday. Deanna Oppenheimer, a non-executive director, will succeed Chambers as chairman of the committee on Jan. 1,...

Ambac Assurance Corp sued Bank of America Corp to recoup hundreds of millions of dollars of losses from insuring roughly $1.68 billion of securities backed at least in part by risky mortgages from the bank's Countrywide Home Loans unit. In...

Revelers ringing in of the new year this week need to watch out for the next day's hangover. And investors may experience a similar feeling early in 2015 after a two-year run that has propelled U.S. stocks up by...

Chinese and U.S. stocks headed the list of 2014 top performers while markets elsewhere ended the year on Wednesday on a cautionary note as worries about Greece's future served as an excuse to take profits. The U.S. dollar lost a...

The Chief Executive Officer/founder of Pan African International (PAI) Group, Mr. Ike Ejizu and the Chairman of Skye Bank Plc, Mr. Tunde Ayeni, among others, have partnered to acquire Ascot Offshore Nigeria Limited for an estimated N16 billion ($95.24...

U.S. stock index futures were slightly lower on Tuesday, suggesting the market's recent trend of slight moves and low volume would continue in the next-to-last trading day of the year. Equities have been trending to the upside, buoyed by strong...