Business

Japan's Nissan Motor Co (7201.T) will sell its Infiniti luxury brand autos in its home market, seeking to capture growing demand for upscale cars and to better compete with German rivals such as BMW, the Japanese business daily Nikkei...

The United States will become the world's largest oil producer next year - overtaking Russia - thanks to its shale oil boom which has transformed the global energy landscape, the West's energy watchdog said on Friday. The prediction comes only...

Top finance officials from the G20 leading economies looked set to keep their focus on the receding risk of a U.S. default at talks on Friday as hopes grew that Washington could soon clinch a stop-gap deal to ensure...

China's economic growth should exceed 7.5 percent this year, deputy central bank governor Yi Gang was quoted by Xinhua as saying, the latest expression of confidence from Beijing that the world's No. 2 economy is steadying. Yi was quoted as...

Starbucks Corp (SBUX.O) plans to circulate petitions to customers across the United States urging lawmakers to reopen the partially closed government and avoid a looming default, the coffee chain's CEO Howard Schultz said on Thursday. Schultz said he was acting...

BEVERLY HILLS, CA, October 10, (THEWILL) –  In line with its commitment to the growth of Small and Medium Enterprises (SMEs), United Bank for Africa (UBA) Plc has partnered with Netplus Advisory Limited to deploy a robust web payment...

SAN FRANCISCO, October 10, (THEWILL) –  MainOne, one of West Africa’s leading telecommunications services companies, has signed a $100 million financing facility agreement with Standard Chartered Bank, FirstBank, Skye and FCMB Bank. The ceremony which took place on Wednesday October...

Emerging market economies have a window of two or three months to make reforms now that the Federal Reserve has refrained from scaling back its bond-buying program, World Bank President Jim Yong Kim said on Thursday. "We think that now...

The retirement of Dr. Janet Woodcock as head of the Food and Drug Administration's pharmaceutical division is at least a year away, but already the industry she regulates is worrying about who will replace her. Over the past 20 years...

SAN FRANCISCO, October 08, (THEWILL) –  Nigerian banks would need the support of institutional and foreign investors to fund the huge resources needed to drive various ongoing infrastructure projects, especially the over $8 billion required to meet the deficit...