Business

In the end, it wasn't the security cameras or the audit inspections in the vault of Albania's central bank that brought down Ardian Bitraj. It was the high blood pressure and lack of sleep, the burden of a multi-million-dollar secret. Sitting...

Mexico's government earlier this year implemented reforms to shake up its telecom and broadcast market by weakening the dominance of broadcaster Grupo Televisa and billionaire Carlos Slim's cellphone and fixed-line company America Movil. AT&T is looking to tap into the...

Wall Street's biggest banks remain convinced the Federal Reserve will raise interest rates by June 2015, a Reuters poll found, and economists also said the market was underestimating how aggressively the U.S. central bank will tighten policy. Fourteen of 19...

Tayo Oviosu’s mobile payment service, Paga launched in Nigeria in April 2009, about 5 years ago. It hasn’t been an easy journey because it took Paga 2 years, after launch, to get a CBN operating license. But since then, the...

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...