WASHINGTON – U.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of...
ANKARA – On Friday, Turkey restricted access to Twitter hours after Prime Minister Recep Tayyip Erdogan threatened to “root out” the social media network where wiretapped...
ABUJA – Persistent gas shortages at power stations in Nigeria, Africa’s second-biggest economy, halved electricity output, delaying the start of a market-driven industry due this month,...
NEW YORK – The U.S. dollar extended gains against the euro but traded little changed against the yen Thursday, as investors assessed the possibility that an...
LONDON – European policymakers agreed on Thursday to complete a banking union with an agency to shut failing euro zone banks, but there will be no...
ACCRA – The Communications Consultant to the Energy Ministry, Edward Bawa, has said the country cannot solely rely on Nigeria for its gas supply. According to...
KUALA LUMPUR – One hour into an ongoing closed-door briefing that the Malaysian authorities are holding on Thursday night for the families of passengers on board...
LONDON – Oil futures retreated from one-week highs Thursday as market participants assessed high domestic supplies and reduced demand due to seasonal refinery maintenance. Light, sweet...
LAGOS – Clearing agents operating in Apapa port have attributed their protest which led to the shutting down of the weekend to activities of Customs Intelligence...
SHANGHAI – China has relaxed rules to allow more foreign participation in its main stock market, in the latest step towards liberalizing the financial system in...
