Credit Suisse To Cut Up To 6,500 Jobs In 2017

Credit Suisse is to cut up to 6,500 jobs this year after reporting a 2.44 billion Swiss franc ($2.43 billion) net loss for 2016,...

Dansa Foods, Sani Dangote’s Company Assures Stakeholders After Court Freezes Bank Accounts

SAN FRANCISCO, September 07, (THEWILL) – The Management of Dansa Foods Limited and Bulk Pack Services Limited, companies owned by Alhaji Sani Dangote, over the...

China Holds Line On Yuan, Stocks Weaken Again

China's central bank held the line on its yuan for a fourth straight session on Wednesday while putting the squeeze on offshore sellers of...

China Railway Construction Wins $12 Billion Nigeria Deal: Xinhua

China Railway Construction Corp (601186.SS) (1186.HK) has signed a deal worth nearly $12 billion with Nigeria to build a railway along the West African...

EU Antitrust Regulators To Decide On Novartis, GSK Deals By January 14

European Union antitrust regulators will decide by Jan. 14 whether to clear two asset trade deals between Swiss drugmaker Novartis and British rival GlaxoSmithKline,...

After Five-Week Shut Down, Greek Stocks Plummet

Greece's stock market suffered heavy losses on Monday, plunging nearly 23 percent at the open before recovering slightly, after a five-week shutdown brought on...

Insight: Trades From 1990s Come Back To Haunt Wall Street

In the 1990s, U.S. banks came up with a clever idea: using life insurance to bet that their employees would eventually die. Now those...

Russia Says Currency Crisis Over, But Inflation Set To Soar

Russia said its currency crisis was over on Thursday but warned that inflation is set to climb above 10 percent, adding to the problems...

Wall St. Set To Open Up As Investors Shrug Off Weak Jobs Data

Wall Street was set to open higher on Wednesday as investors focused on healthy corporate earnings reports and a revival in dealmaking, shrugging off...

HP To Cut Up To 33,300 Jobs Over Next Three Years

Hewlett-Packard Co (HPQ.N), which plans to split into two listed companies this year, said it expected to cut about 33,300 jobs over three years...