Business

Japanese stocks led a surge in Asian equities to a one-year high on Thursday, after an upbeat reading on China's factory sector burnished risk appetite and blunted some of the more pessimistic views on the world's second-biggest economy. Spreadbetters expect...

Deutsche Bank (DBKGn.DE) will defend plans to raise 8 billion euros ($11 billion) in equity on Thursday when management stands before shareholders at an annual general meeting, less than a week after announcing the surprise plan. Germany's largest bank launched...

America on Wednesday called its flight attendants' drive to join a union detrimental and said it expects the effort to fail like a similar vote two years ago. The Burlingame, California-based airline's flight attendants petitioned on Tuesday for a vote...

SAN FRANCISCO, May 22, (THEWILL) – Speaker of the House of Representatives, Hon. Aminu Waziri Tambuwal, Wednesday, ordered the Public Account Committee (PAC) mandated to investigate the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, over allegations of spending over N10...

PENNY PRITZKER SAN FRANCISCO, May 21, (THEWILL) – The U.S. Secretary of Commerce, Penny Pritzker and Chairman Heirs Holdings Mr. Tony Elumelu on Wednesday called for increased US-Nigeria Investments. Both leaders spoke at a gathering of business leaders in Lagos. Pritzker,...

Investors in Africa are increasingly able to see beyond negative headlines of violence in nations like South Sudan, Nigeria and Kenya, but they also seek more protection against risk for their business ventures, a senior World Bank official said. “There...

Stock index futures advanced on Wednesday, putting the S&P 500 on track to rebound from a broad selloff in the prior session ahead of the release of minutes from the most recent meeting of the U.S. Federal Reserve. The Fed...

Barclays (BARC.L) dismissed reports that it had would drop its sponsorship of the English Premier League as premature, the bank noting that the 120 million pound ($202 million) contract has another two years to run. Speculation that Barclays would end...

Netflix Inc will launch its online movie and TV subscription service later this year in France, Germany and four other European countries, in a major push into new markets. The other new countries Netflix will enter in late 2014 are...

Facebook Inc is expanding its new video advertising service, allowing marketers to show the television-like spots to users of the social network in Britain, Brazil and five other countries, the company told Reuters. The move marks a significant ramping up...