Business
Big Banks Accused Of Interest Rate-Swap Fixing In U.S. Class Action Suit
A class action lawsuit, filed Wednesday, accuses 10 of Wall Street’s biggest banks and two trading platforms of conspiring to limit competition in the...
GSK In China: Escaping The Shadow Of A Scandal
GlaxoSmithKline Plc (GSK.L) has cut 40 percent of its sales reps in China and axed some units as it eyes a return to growth...
HP Inc Plunges After Printer Business Underwhelms
Shares of HP Inc, which houses former Hewlett-Packard Co's legacy hardware business, plunged 16.3 percent on Wednesday after the company's lackluster results fueled concerns...
MTN In More Mess, As Report Indicts Telecoms Giant, NCAA Over N1bn Fine
SAN FRANCISCO, November 25, (THEWILL) – An audit report has indicted the Nigerian Civil Aviation Authority (NCAA) over the payment of a N699 million...
U.S. GDP Growth Raised For Third Quarter
The U.S. economy grew at a healthier clip in the third quarter than initially thought, but strong inventory accumulation by businesses could temper expectations...
China Police Cracks $4.5 Billion Underground Bank: Xinhua
Chinese police have busted an underground banking network that handled $4.5 billion worth of illegal transactions at Agricultural Bank of China Ltd (AgBank)(601288.SS)(1288.HK) alone,...
Ukraine Closes Airspace To All Russian Planes
Ukraine has banned all Russian planes from using its airspace and exports of Russian gas to Ukraine have been halted by state-controlled giant Gazprom.
The...
Nigerian Banks Adequately Capitalised – CBN, Says FX Policy Largely Successful
BEVERLY HILLS, November 24, (THEWILL) – The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said on Tuesday that all Nigerian banks were adequately...
German Prosecutors Launch Tax Evasion Probe At VW: Media
German public prosecutors have launched an investigation into suspected tax evasion in connection with the emissions scandal that has rocked carmaker Volkswagen (VOWG_p.DE), daily...
Futures Lower Ahead Of GDP Data
U.S. stock index futures were down on Tuesday ahead of third-quarter GDP data that could feed into the Federal Reserve's decision on whether to...
