Business

BEVERLY HILLS, CA, October 10, (THEWILL) –  In line with its commitment to the growth of Small and Medium Enterprises (SMEs), United Bank for Africa (UBA) Plc has partnered with Netplus Advisory Limited to deploy a robust web payment...

SAN FRANCISCO, October 10, (THEWILL) –  MainOne, one of West Africa’s leading telecommunications services companies, has signed a $100 million financing facility agreement with Standard Chartered Bank, FirstBank, Skye and FCMB Bank. The ceremony which took place on Wednesday October...

Emerging market economies have a window of two or three months to make reforms now that the Federal Reserve has refrained from scaling back its bond-buying program, World Bank President Jim Yong Kim said on Thursday. "We think that now...

The retirement of Dr. Janet Woodcock as head of the Food and Drug Administration's pharmaceutical division is at least a year away, but already the industry she regulates is worrying about who will replace her. Over the past 20 years...

SAN FRANCISCO, October 08, (THEWILL) –  Nigerian banks would need the support of institutional and foreign investors to fund the huge resources needed to drive various ongoing infrastructure projects, especially the over $8 billion required to meet the deficit...

U.S. stock index futures rose modestly on Wednesday, indicating the S&P 500 may rebound from its worst drop since August, on expectations Janet Yellen will be tapped as the next chairman of the U.S. Federal Reserve. U.S. President Barack Obama...

Rising anxiety over the budget deadlock in Washington drove world shares down for a third day on Wednesday, though the expected nomination of Janet Yellen to head the U.S. Federal Reserve lifted the dollar. Markets were reassured about the outlook...

Jos. A. Bank Clothiers Inc (JOSB.O) has proposed to buy bigger rival Men's Wearhouse Inc (MW.N) for about $2.3 billion to create a men's apparel heavyweight with more than 1,700 stores. The $48 per share all-cash offer is a 36...

President Barack Obama will nominate Janet Yellen to replace Ben Bernanke as chairman of the Federal Reserve, a White House official said Tuesday, in a move that many expect will result in a continuation of the central bank’s loose...

Top U.S. bankers have warned the Obama administration and Republican lawmakers that any move to pay interest on debt before obligations such as Social Security and payments to veterans would pose severe risks to financial markets and the economy,...