Business
GDP Growth Further Reveals Reliance On Oil
SAN FRANCISCO, March 08, (THEWILL) – The National Bureau of Statistics (NBS), in data made available to the public, has revealed that the economy...
U.S. Restricts China’s ZTE Over Alleged Export Violations Over Iran
The United States is restricting China's ZTE Corp and three other entities over what it said was a scheme developed by the telecoms equipment...
Europe Shares Fall After Asia Hits Two-Month High, Oil Jumps
European shares fell on Monday, unable to maintain the momentum that took Asian equities to two-month highs, as investors said a rebound in stocks...
Alibaba’s Ant Financial Could Be Valued At Nearly $60 Billion: Source
Chinese e-commerce giant Alibaba Group Holding Ltd's (BABA.N) arm, Ant Financial Services Group, is seeking a valuation of nearly $60 billion in its current...
Why South Africans Will Pay ‘Sin Tax’ For Fizzy Drinks
South Africa has joined the battle against sugar, becoming the first African country to plan a tax on drinks loaded with the sweet stuff.
That...
Crude Price Edges Towards $38 Per Barrel Ahead Of U.S Data
BEVERLY HILLS, March 05, (THEWILL) – Crude oil futures edged up on Friday as traders and analysts eyed United States, U.S, jobs data which...
Facebook To Ditch Tax-Reducing UK Sales Structure
Facebook FB.0 said it would stop booking sales to UK clients via Ireland, a practice which reduced its taxes, following the British government's introduction...
U.S. Tech Companies Unite Behind Apple Ahead Of Iphone Encryption Ruling
Tech industry leaders including Alphabet Inc's Google, Facebook Inc, Microsoft Corp, AT&T and more than two dozen other Internet and technology companies filed legal...
Goldman Sachs Cutting Up To 10 Percent Of Fixed Income Trading Staff: Source
Goldman Sachs (GS.N) is cutting between five and 10 percent of staff in its fixed income and currency trading business, a source familiar with...
Naira Gains, Holds Stable At Parallel Market
BEVERLY HILLS, March 03, (THEWILL) – The naira appreciated in value against the dollar at the interbank foreign exchange (FX), while closing stable at...
