Business

BEVERLY HILLS, CA, May 20, (THEWILL) – The warring factions of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Warri Depot Tuesday resolved to work together in the interest of peace in the Warri axis and progress of the...

GOVERNOR EMMANUEL UDUAGHAN OF DELTA STATE (R) CONGRATULATING AS NEW CHAIRMAN OF THE COMMITTEE ON OGBORODO GAS EPZ PROJECT - BARR. AUSTIN OBOROEGBEYI (L) SHORTLY AFTER THE INAUGURATION BY THE GOVERNOR HELD IN GOVERNMENT HOUSE, ASABA … As Ugborodo Peace...

AstraZeneca's (AZN.L) twelfth largest shareholder Schroders has joined a chorus of investor disapproval over its rejection of a takeover offer by Pfizer (PFE.N) and urged it back into talks. In a statement on Tuesday, the British fund manager, which holds...

European shares and southern European bonds made tentative progress on Tuesday, as expectations the European Central Bank will provide fresh support in coming weeks helped counter uncertainty over European Union elections. The region's main bourses .FTEU3 inched up 0.15 percent...

China has denounced US charges against five of its army officers accused of economic cyber-espionage. Beijing says the US is also guilty of spying on other countries, including China, and accuses the US of hypocrisy and "double standards". China has summoned...

Credit Suisse on Monday became the largest bank in 20 years to plead guilty to a U.S. criminal charge, and will pay a $2.5 billion fine to authorities for helping Americans evade taxes, Attorney General Eric Holder said. But the...

Pfizer Inc. (PFE) raised its offer to buy AstraZeneca Plc (AZN) to 69.4 billion pounds ($117 billion) in what the drugmaker described as a final bid to spur negotiations for the industry’s biggest-ever acquisition. Pfizer said it doesn’t expect AstraZeneca...

AT&T Inc. (T) agreed to acquire DirecTV (DTV), the largest U.S. satellite-TV provider, for $48.5 billion, adding video subscribers as the biggest competitors in the pay-TV industry bulk up. AT&T will pay $95 for each share of DirecTV, with $28.50...

Malaysia Airlines has seen its losses deepen after Flight 370 vanished over two months ago, raising questions about the future of the 76-year-old carrier. The company's net loss rose by 59% to 443m ringgit ($138m; £82m) in the January-to-March period,...

The long-serving chief executive of Germany's Adidas (ADSGn.DE) said preparing the sportswear giant for a change at the top when his contract ends in 2017 will be among his biggest priorities, Sueddeutsche Zeitung reported on Saturday. "I will not stay...