Business

BEVERLY HILLS, CA, October 25, (THEWILL) – UBA Global Investor Services, a Division of United Bank for Africa (UBA) Plc set up in September 2007 to process securities trades, safe-keep financial assets and service associated portfolios has won this year’s...

… Plan to Divest Interests in Portfolio Companies Approved … Divestments Will Support Bank’s Transformation Goal of Providing Superior Banking Services to Customers and Maximising Value for Stakeholders SAN FRANCISCO, October 25, (THEWILL) – Union Bank of Nigeria Thursday reported to...

Seeking to avoid a repeat of Facebook Inc's much-maligned public debut, Twitter Inc revealed more modest ambitions, saying its initial offering would raise up to $1.6 billion and value the company at up to about $11 billion. The valuation was...

U.S. stock index futures were little changed on Friday, with the S&P 500 slightly below its record high, as Amazon and Microsoft rallied after reporting results. The U.S. Commerce Department releases durable goods orders for September at 8:30 a.m. EDT...

Procter & Gamble Co's (PG.N) quarterly profit met Wall Street's expectations on Friday helped by growth overseas, cost cuts and a lower tax rate, and the world's largest household products maker maintained its financial forecasts for the year. Shares of...

Japanese industrial output is expected to have rebounded in September, fuelled by strong domestic demand and business investment, a Reuters poll showed, highlighting the strength of the economy as government policies bolster growth. Indicators of Labor demand, consumer spending and...

British bank Barclays Plc (BARC.L) breached a derivative agreement with a Black Diamond Capital Management unit and must return an estimated $297 million in collateral to the hedge fund, a divided New York state appeals court ruled on Thursday. Barclays...

Billionaire investor Carl Icahn said he would withhold his shares of Apple Inc from a $150 billion buyback that he has proposed for the iPhone maker. "There is nothing short-term about my intentions here," Icahn wrote in a letter to...

The number of Americans filing new claims for unemployment benefits fell less than expected last week, but a lingering backlog of applications in California makes it difficult to get a good read of labor market conditions. Initial claims for state...

U.S. stocks opened little changed on Thursday as investors grappled with a host of corporate earnings and muddled economic data. The Dow Jones industrial average .DJI was up 22.73 points, or 0.15 percent, at 15,436.06. The Standard & Poor's 500...