Business

Brent crude oil fell to a 5-1/2-year low of less than $57 a barrel on Tuesday as a global supply glut outweighed concerns of lost supply from Libya where battling militias have closed ports. The North Sea oil benchmark recovered...

SAN FRANCISCO, December 29, (THEWILL) – In recognition of its outstanding commitment to upholding the highest levels of corporate governance, Transcorp has been awarded the Company Award for the Most Compliant Firm in Nigeria by the Nigerian Stock Exchange...

BEVERLY HILLS, December 29, (THEWILL) –  The Minister of Finance and Coordinating Minister of the Economy (CME), Dr. Ngozi Okonjo-Iweala, has described 2014 as a difficult Budget year , stressing that fiscal outlook over the mid-term 2015-2017 will also...

Shares in AirAsia fell 7.8 percent on Monday, their biggest one-day drop in more than three years after one of its aircraft went missing on its way to Singapore from the Indonesian city of Surabaya. Analysts said the Sunday incident...

Oil prices rose on Monday, after dropping for the past two sessions, as escalating clashes in Libya stoked worries about supply from the OPEC member. A fire caused by fighting at one of Libya's main export terminals has destroyed 800,000...

Asian stocks rose on Monday, following fresh gains on Wall Street, while the euro wallowed near 28-month lows versus the dollar on nervousness before a vote in the Greek parliament that could result in snap elections. MSCI's broadest index of...

Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan ($108.85 billion), official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half. Despite last month's...

Oil prices fell Friday, tumbling as the dollar strengthened and as a supply glut in top consumer, the United States, trumped worries about falling production from Libya. The market had come under pressure from Wednesday's Energy Department report, which showed...

Volkswagen's (VOWG_p.DE) flagship Audi division is to increase spending on new models, plants and technology through 2019 to push its goal of surpassing German rival BMW as the world's largest luxury-car manufacturer. Audi, which contributes 40 percent of operating profit...

U.S. stocks pushed higher on Friday, with the Dow and S&P 500 both closing at record highs, while oil and natural gas fell on worries of a supply glut and on mild U.S. weather. The three major U.S. stock indexes...