Business

The prolonged and troubled Nigeria asset sale by American international oil company, Chevron, appears to have taken a new twist, as it has emerged that the oil major surreptitiously wrote separate letters on October 9 and October 14, 2014 to...

SAN FRANCISCO, November 02, (THEWILL) – In a move that will raise the stakes in the rapidly evolving Nigerian cement market, leading cement manufacturer, Dangote Cement Plc has announced huge cuts in the price of the essential product. A step...

A handful of toss-up U.S. Senate races next week could hold the key to whether the stock market glides through the year-end in a typical post-midterm election rally or gets hit with a fresh bout of volatility. U.S. investors appear...

J.P. Morgan Chase & Co learned about hackers who stole the bank's contact information for 76 million households and 7 million small businesses through a corporate event that it sponsors, the New York Times and Wall Street Journal reported,...

A surge in refining profits boosted quarterly results at Exxon Mobil Corp (XOM.N) and Chevron Corp (CVX.N), helping to offset declining oil and gas production and falling crude oil prices. Both companies reported better-than-expected third-quarter profits on Friday, with executives...

Top U.S. oil producers, which already were reining in spending before crude prices started to slip in June, are now looking to trim more fat from their budgets while reminding investors they must spend to grow. Exxon Mobil Corp (XOM.N)...

SAN FRANCISCO, October 31, (THEWILL) – With just two months to the end of the year, Cross River State Governor, Senator Liyel Imoke late Friday night presented to the state House of Assembly for consideration and approval a budget...

ConocoPhillips, the largest U.S. independent oil company, on Thursday reported a higher third-quarter profit as results were lifted by the sale of its Nigerian business. Profit was $2.7 billion, or $2.17 per share, compared with $2.5 billion, or $2.00 per...

U.S.-listed shares of major European banks were among the biggest movers of the premarket session on Thursday, continuing to see weakness ever since the results of the European Central Bank's stress tests were published over the weekend. The Euro STOXX...

Samsung Electronics Co Ltd (005930.KS) on Thursday said it would revamp its smartphone line-up to take on competitors in the rapidly growing mid-to-low range segment, after third-quarter earnings set it on course for its worst year since 2011. The global...