Energy Buoys Wall Street After Selloff, Syria Eyed

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Energy shares buoyed Wall Street on Wednesday as oil prices jumped after the United States and its allies appeared ready to attack Syria, raising...

Lira, Rupee At Forefront As Syria Tension Pounds Emerging Assets

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Emerging stocks, bonds and currencies took another hammering on Wednesday as mounting expectations of Western action against Syria pushed up oil prices and drove...

Swiss Give Nod To Possible Tax Deal With The U.S.

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Switzerland has given the go-ahead to finalize a joint statement with the United States that it hopes will bring to an end a long,...

FBN Holdings Reports 7.7% Rise In Gross Earnings (N194.9B) For First half Of Year

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SAN FRANCISCO, August 28, (THEWILL) – FBN Holdings Plc Tuesday reported its unaudited IFRS compliant results for the first half of the year which...

Wal-Mart To Cover U.S. Workers’ Domestic Partners In 2014

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Wal-Mart Stores Inc said on Tuesday it will offer health insurance benefits to domestic partners of its U.S. employees starting next year. The world's largest...

U.S. SEC To Meet Heads Of Exchanges September 12 Over Nasdaq Glitch

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The Securities and Exchange Commission will meet with heads of exchanges on September 12 to discuss last week's trading glitch with Nasdaq-listed stocks, the...

Wall Street Slides On Worry West Will Strike Syria

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U.S. stocks fell on Tuesday as signs grew of an impending military strike against Syrian President Bashar al-Assad's forces in retaliation for a chemical...

Ackman Turns Back On J.C. Penney, Sells Entire Stake In Retailer

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Hedge fund manager William Ackman, the biggest shareholder in J.C. Penney Co Inc, said on Monday he had sold his entire stake after his...

Keystone Bank Declares N2.8B Profit

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SAN FRANCISCO, August 26, (THEWILL) - From a loss of N7.9billion in five months ended 31 December 2011, Keystone Bank Limited has posted a...

Insight: Trades From 1990s Come Back To Haunt Wall Street

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In the 1990s, U.S. banks came up with a clever idea: using life insurance to bet that their employees would eventually die. Now those...