Business

BEVERLY HILLS, CA, July 04, (THEWILL) - Contrary to insinuations making the rounds over allegations of excess charges in the sum of N200 million by one Hotel Excel Limited by the Bank, Sterling Bank Plc has refuted the claim stating...

U.S. auto giant GM said on Friday it had suspended production at its main South African assembly plant in the southeastern city of Port Elizabeth because a strike by the country's biggest union had hit components suppliers. The engineering and...

World stocks were enjoying the view at an all-time high on Friday, lifted by a strong week of U.S. economic data and promises from the European Central Bank that cheap money will be sloshing around for years. European shares opened...

BEVERLY HILLS, CA, July 03, (THEWILL) - Former Bayelsa State governor, Timipre Sylva, and other accused persons in the N19.2 billion money laundering charge filed against them by the Economic and Financial Crimes Commission (EFCC), must appear in court for...

BEVERLY HILLS, CA, July 03, (THEWILL) - As Nigerians await the commencement of the House of Representatives’ probe of the alleged N10billion allegedly spent by Petroleum Resources Minister, Diezani Alison-Madueke, on the charter of private jets, a fresh application filed...

BEVERLY HILLS, CA, July 03, (THEWILL) - The House of Representatives Thursday deferred debate on the proposed 2014 budget of the Passage of the Federal Capital Territory Administration (FCTA) until next Tuesday. The resolve to postpone consideration of the budget proposal...

U.S. stock index futures ticked up in light volume on Thursday after the S&P 500 and the Dow industrials closed at a record, ahead of a short session on Wall Street that is packed with economic data. * The key...

U.S. employment growth is expected to have continued at a solid clip in June, which would further dispel fears about the economy's health and underscore its momentum heading into the second half of 2014. Nonfarm payrolls probably increased by 212,000...

Ousted American Apparel Inc (APP.A) Chief Executive Officer Dov Charney has handed over his entire stake and voting rights in the struggling retailer to Standard General LP, enabling the fund to negotiate directly with the independent directors over the...

Germany's private sector expanded at the slowest rate in eight months in June, a survey showed on Thursday, as manufacturing lost steam, although Europe's largest economy looked set to post solid growth in the second quarter. Markit's final composite Purchasing...