At the end of every year, lists of the names of the wealthiest individuals are published in the news. Many…
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ABUJA, Nigeria, July 14, 2014/African Press Organization (APO)/ — The Nigerian Export-Import Bank [NEXIM] (http://neximbank.com.ng) has executed a Master Line…
Oil prices edged higher on Wednesday as investors awaited the latest US supply report for clues about demand in the world’s biggest crude consumer. The US benchmark, West Texas Intermediate for delivery in July, gained 63 cents to $103.29 a barrel.…
Britain’s biggest retailer Tesco suffered its largest quarterly drop in sales for four decades, it said on Wednesday, hit by supermarket price wars and the rising popularity of German-owned discounters. Tesco, the world’s third biggest supermarket group…
Europe’s main stock markets fell on Wednesday when caution prevailed on the eve of interest rate decisions in Britain and the eurozone, dealers said. Investors were on edge also ahead of this week’s key non-farm payrolls data in the United States, which…
The newly appointed head of Japan’s top business lobby said Tuesday he wants to play a greater role in helping the country improve its badly frayed relations with China. Sadayuki Sakakibara was formally appointed as chairman of Keidanren — the Japan…
Canada’s economic growth slowed in the first quarter to 0.3 percent, as higher household spending was offset by lower government and business outlays, the government statistical agency said Friday. The figure is less than half the previous quarter’s…
Italy led European stock markets on Monday in a robustly positive reaction to European Parliament elections which put conservatives in a leading position, but also gave anti-EU forces a huge boost in France and Britain. The euro and sterling steadied…
Scandal-hit Barclays has been fined more than £26 million pounds after a former trader at the bank was accused of trying to manipulate the price of gold, Britain’s financial regulator said on Friday. The Financial Conduct Authority said in a statement…
Chinese online retailer JD.com rallied Thursday in its Wall Street debut, suggesting an appetite for its larger rival Alibaba. The company, trading under the symbol JD on the Nasdaq exchange, jumped 10.5 percent to $21 from its initial public offering…