Energy experts laud CBN鈥檚 forex policy

Energy experts have applauded the Central Bank of Nigeria, CBN, for its decision to float the Naira and allow it to be driven by...

Gold falls on profit-taking after metal trades at most since July 2014

BENGALURU: Gold fell on Tuesday as investors opted to book profits, after the yellow metal traded near the highest since July 2014, buoyed by...

Main Street Morning: Here鈥檚 how the Brexit could affect U.S. small businesses

The Washington Post鈥檚 daily collection of news affecting entrepreneurs, start-ups and small businesses with a special focus on policy and government. Here鈥檚 what鈥檚 affecting my...

Government securities record 156% over-subscription

The volume of idle cash in the interbank money market rose last week to N408 billion, triggering 156 percent excess demand for government securities....

WTO sees Brexit costing UK billions in trade tariffs: FT

Leaving the European Union would cost British consumers 9 billion pounds ($13.2 billion) in annual additional import tariffs, World Trade Organization chief Roberto Azevedo...

Monsanto rejects Bayer bid, but open to more talks

Monsanto Co, the world's largest seed company, turned down Bayer AG's $62 billion acquisition bid as "incomplete and financially inadequate" on Tuesday, but said...

BSI Singapore shutdown a wake-up call for private banks in Asia

Singapore's drastic move to shut Swiss bank BSI's operations in the city-state over its dealings with scandal-hit Malaysian fund 1MDB is a wake-up call...

Alstom sues GE for breach of train signal sales contract

  French rail transport company Alstom SA (ALSO.PA) has filed a U.S. lawsuit accusing General Electric Co (GE.N) of breach of contract related to last...

U.S. fines Wells Fargo $70 million over mortgage practices

The U.S. Comptroller of the Currency fined Wells Fargo Bank (WFC.N) $70 million on Wednesday over mortgage servicing but said it was ending business...

Starbucks to open first coffee roastery outside U.S. in Shanghai

Starbucks Corp (SBUX.O), the world's biggest coffee company, said on Thursday it would open a coffee roastery in Shanghai, China in 2017, its first...

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