VIENNA — Austria’s draft law on restructuring heavily indebted Hypo-Alpe-Adria Bank International AG could lead to higher financing costs for the country’s banks and damage investors’...
ABUJA – The Federal Airports Authority of Nigeria, FAAN, has disclosed that its revenue increased by 17 per cent because of the recent automation carried out...
NEW YORK – U.S. stock index futures edged higher on Tuesday, ahead of impending data on housing and inflation, and as the Federal Reserve prepared to...
ABUJA – The Central Bank of Nigeria (CBN) yesterday issued a 46- day ultimatum for the banks to refund billions of naira trapped in ATM transactions to...
NEW YORK – Apple Inc reached an out-of-court settlement with U.S. states and other complainants in an e-book price-fixing class action lawsuit on Monday, effectively avoiding...
SAN RAMON – Chevron Corporation today announced that its subsidiary, Chevron Global Energy Inc. , has sold its 25 percent non-operated interest in a producing oil...
By Joseph BAMIDELE NEW YORK – Texas-Exxon Mobil Corporation today announced the CLOV project in Angola started up on schedule and is expected to reach daily...
By Joseph BAMIDELE ABUJA – The Shell Petroleum Development Company of Nigeria Limited (SPDC) operated Joint Venture has suspended production at the EA field for repair...
WASHINGTON – The U.S. dollar remained little changed against most of its major rivals Thursday after the release of slightly disappointing numbers for May retail sales...
TORONTO – BlackBerry Ltd said on Thursday it has signed a agreement with EnStream LP, a mobile payments joint venture owned by Canada’s three large wireless...