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Oil At 11-Year Low, Election Impasse Hits Spanish Assets

Brent crude oil extended a slide on Monday to its lowest level in more than 11 years while investors dumped Spanish bonds and stocks...

Panasonic Buys U.S. Refrigeration Firm Hussmann For $1.5 Billion

Japanese electronics maker Panasonic Corp is set to buy U.S. refrigeration firm Hussmann for over 186.6 billion yen ($1.5 billion) in a deal it...

Ericsson And Apple Sign Patent Deal, Settle Litigation

Swedish mobile telecom gear maker Ericsson (ERICb.ST) announced it had signed a patent license deal with Apple Inc (AAPL.O), ending a year-long dispute and...

Forex Crisis: Banks Stop Use Of Naira Debit Cards Abroad

SAN FRANCISCO, December 19, (THEWILL) – As various stringent measures are put in place to curtail excess liabilities likely from Nigeria’s foreign exchange crisis,...

Naira Strengthens Against Dollar At Parallel Market

SAN FRANCISCO, December 19, (THEWILL) – The naira on Friday strengthened against the dollar after weeks of free fall at the parallel market. The currency...

Exclusive: U.S. Justice Department Probes Data Breach At Uber – Sources

The U.S. Department of Justice is pursuing a criminal investigation of a May 2014 data breach at ride service Uber, including an examination of...

Blackberry Third-Quarter Revenues Top Expectations; Shares Rally

BlackBerry Ltd reported a smaller-than-expected fiscal third-quarter loss on Friday and its first quarter-to-quarter revenue gain in over two years, indicating turnaround efforts may...

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...
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