Business

Oil Falls More Than 2 Percent After Goldman Cuts Forecasts

Oil prices fell more than 2 percent on Friday after Goldman Sachs cut its crude forecasts, citing global oversupply and concerns over the Chinese...

Equity Funds Shed $46 Billion In Four-Week Run Of Outflows: BAML

Investors pulled another $19 billion from equity funds over the past week as they sought safety in government bond funds, which have enjoyed the...

Cement Manufacturers Brace Up For Stiff Competition After Dangote Price Cut

BEVERLY HILLS, September 10, (THEWILL) – Manufacturers of Cement in Nigeria are set to take the competition tussle a notch higher, following the slash...

Wall Street Set To Open Lower As China Adds To Uncertainty

Wall Street was set to open lower on Thursday, with index futures wiping out earlier gains as more uncertain news emerged out of China. Data...

Apple Upgrade Program Seen Driving Demand For New Iphones

Apple Inc (AAPL.O) has just made buying a new iPhone every year more affordable - a move that analysts said will drive demand from...

U.S. To Focus More On Executives, Not Just Companies, In Criminal Cases

The U.S. Justice Department has issued new guidelines that emphasize prosecuting individual executives in white-collar crime cases, and not just their corporations. Deputy Attorney General...

Oil Prices Rise Slightly Ahead Of U.S. Data, Asia Weighs

Oil prices rose on Thursday ahead of weekly U.S. stocks data, despite fresh signs of an economic slowdown in China and Japan. Crude prices have...

Facebook Rakes In Users In Nigeria And Kenya, Eyes Rest Of Africa

Facebook has nearly 20 million users in major African markets Nigeria and Kenya, statistics released by the social network showed on Thursday, with the...

Nigeria Signs Revised Oil Swaps After Investigation: Sources

Nigeria's state-owned oil company has set up four new crude swap contracts to replace those cancelled last month that were vital for bringing in...

Wall St. Set To Open Higher On Chinese Stimulus Hopes

Wall Street was set to open higher on Wednesday as positive comments from Chinese officials kept alive hopes of further stimulus measures. China's Ministry of...