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Business

World Stocks, Dollar Dip As Investors Turn Wary After Fed

Investors turned cautious on Friday about what a stronger dollar and weak commodity prices could mean for the world economy, as a clutch of...

Oil Heads For Third Straight Weekly Loss As Supply Weighs

Oil prices edged higher on Friday as investors closed positions ahead of the end of the year though crude was still heading for a...

Apple Names Apple Watch Project Head Jeff Williams As COO

Apple Inc said it promoted Apple Watch project head Jeff Williams to the role of chief operating officer, filling a position that had been...

Nigeria Says Its Oil Refineries Produce Nothing

Nigeria, aiming to boost its crude output, is still grappling with decrepit refineries that fail to produce fuel, which it has to import, the...

Oil Prices Down Again On Fresh Supply Build Worry, Dollar Spike

Oil prices fell as much as 2 percent on Thursday, with Brent trading not far from 11-year lows, as data showing fresh supply builds...

Exclusive: CBN To Cancel Weekly Sale Of Forex To Bureau De Change

BEVERLY HILLS, December 17, (THEWILL) – The Central Bank of Nigeria (CBN) will cancel the weekly sale of foreign exchange to Bureau De Change...

Paypal Boosts Maternity Leave, Sick Time For U.S. Employees

Electronic payment company PayPal Holdings Inc said on Thursday it will increase its paid maternity and sick leave programs and offer time off for...

Fed Finally Lifts Key Interest Rate From Near Zero

The Federal Reserve is raising interest rates after seven years of record lows. But it's signaling that further rate hikes will likely be made...

U.S. House Democrats To Seek Testimony From Valeant In Coming Weeks

Democrats on a U.S. House of Representatives panel are planning to call Valeant Pharmaceuticals (VRX.TO) Chief Executive Michael Pearson to testify in early 2016...

China Central Bank Sees Economic Growth Slowing To 6.8 Percent In 2016

China's annual economic growth is likely to slow to 6.8 percent next year from an expected 6.9 percent this year, the People's Bank of...