Business

BEVERLY HILLS, July 30, (THEWILL) - Oando Energy Resources Inc, a company focused on oil and gas exploration and production in Nigeria, Wednesday announced the successful completion of its acquisition of the Nigerian Upstream Oil and Gas Business of ConocoPhillips...

SAN FRANCISCO, July 30, (THEWILL) – The House of Representatives committee on Local Content Wednesday raised the alarm over alleged illegal operations of a Korean firm, Hyundai Heavy Industries Co. Nigeria Limited. The Korean company according to the chairman of the...

Ireland is in the firing line from Washington again for luring U.S. companies to its shores for tax benefits, but despite contrite noises coming from Dublin, it has too much to lose to discourage U.S. firms bent on shifting...

U.S. stocks were boosted Wednesday by some bullish earnings and a read on second-quarter economic growth that came in much stronger than expected, overshadowing a weak report on the labor market. Gross domestic product grew at a 4 percent annual...

The euro hit an eight-month trough against the dollar on Wednesday and German bond yields were at record lows ahead of inflation data expected to boost the case for further European Central Bank policy easing. Investors were also awaiting a...

U.S regulators may relax rules that require the fastest possible execution of securities trades, potentially helping upstart trading venue IEX Group's plans to become a full-fledged stock exchange. IEX, described in author Michael Lewis' book "Flash Boys: A Wall Street...

Deutsche Bank's plan to become "the last man standing" in investment banking in Europe is working, the bank said on Tuesday, reporting a 16 percent year-on-year increase in quarterly pretax income. But the specter of costly litigation and settlements cast...

Goldman Sachs Group Inc's metals warehousing unit is exploring its first foray into China, and privately held C Steinweg has expanded capacity there, sources said, as a financing scandal in a major Chinese port fuels a scramble for market...

A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp (MSFT.O) because the firm has not fully disclosed information about its Windows operating system and Microsoft Office software. China's State Administration for Industry & Commerce...

The public trial of a foreign couple linked to GlaxoSmithKline Plc (GSK) is set for Aug. 8, a Shanghai court said on Tuesday. Earlier this month, Chinese prosecutors accused British investigator Peter Humphrey and his American wife Yu Yingzeng for...