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Fed puts brakes on Wells Fargo when bank needs to step on gas

The Federal Reserve’s surprise ban on Wells Fargo & Co growing its balance sheet comes at a difficult juncture for…

8 years ago

Samsung’s Jay Y. Lee Freed in Surprise Korean Court Verdict

A South Korean high court unexpectedly let Samsung Electronics Co. Vice Chairman Jay Y. Lee walk free after suspending his…

8 years ago

Steinhoff Refers Ex-CEO to Police on Suspicion of Corruption

Steinhoff International Holdings NV reported former Chief Executive Officer Markus Jooste to South Africa’s anti-graft police, pinning the blame for…

8 years ago

Japan’s Fujifilm to take over Xerox in $6.1 billion deal, create JV

Japan’s Fujifilm Holdings is set to take over Xerox Corp in a $6.1 billion deal, combining the U.S. company into…

8 years ago

EBay to Ditch PayPal for Dutch Processor Adyen

  EBay Inc. will shift its payments business from long-time partner PayPal Holdings Inc. to Adyen BV, a global payments…

8 years ago

Facebook Is Banning All Ads Promoting Cryptocurrencies

Facebook Inc. is banning ads on its social network that promote cryptocurrencies, initial coin offerings and binary options, saying they’re “frequently…

8 years ago

Nigerian Stocks Among World’s Best-Performers

Nigeria’s stocks have been rated among the world’s best-performers in the past four months. Bloomberg reported on Monday that the…

8 years ago

It Will Take Over Two Centuries To close The Gender Pay Gap

Oxfam International published a report on inequality on Monday, as the world’s richest and most influential plan to meet tomorrow…

8 years ago

China Denies Allegations of Spying into African Union’s Headquarters For Five Years

The African Union, a coalition of 55 countries established in Addis Ababa, Ethiopia, has reportedly been a victim of state-sponsored…

8 years ago

Access Bank Approves Paternity Leave For Male Employees

On Thursday, 18th of January 2017, almost every news platform was buzzing with the news of Nigeria's Access Bank Plc’s…

8 years ago

London’s Bankers Miserable Amidst Brexit Speculation

-Nine out of 10 firms see Brexit as risk to London’s dominance Sentiment among London’s Brexit-hit bankers sank to its…

8 years ago

Nigeria to Start Building $5.8 Billion Power Plant in 2018

Nigeria plans to start building a $5.8 billion hydro-power plant in the eastern Mambila region this year, after it agrees…

8 years ago

Shell’s Race to Remake Itself For a Low-Price World

Last March, Royal Dutch Shell said it was selling most of its stake in Canada’s oil sands, a vast project…

8 years ago

Why Canada is the next frontier for shale oil

The revolution in U.S. shale oil has battered Canada’s energy industry in recent years, ending two decades of rapid expansion…

8 years ago

Japan Seeks to Clean Up Cryptocurrency Markets After $530 Million Coincheck Heist

Japan’s financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together…

8 years ago

Wyndham Worldwide Corporation Is Making the Right Moves

Wyndham Worldwide Corporation  announced two explosive deals that sent its shares 5% higher last Thursday. First, it is going to…

8 years ago

YouTube Pledges $5 Million to Fund ‘Positive’ Videos

Expect more positivity and less suicide mockery on YouTube in 2018. Following the Logan Paul "suicide forest" video controversy, YouTube…

8 years ago

Ivory Coast Is On Track to Sell More Cocoa

Ivory Coast sold more cocoa from its main crop this month after favorable growing conditions resulted in better-than-expected deliveries of…

8 years ago

SEC Launches Investigation into GE charge

U.S. securities regulators are probing a massive insurance charge recently announced by General Electric Co (GE.N), the latest blow to…

8 years ago

How a $1.5 Trillion Aramco IPO Could Transform Global Stocks

Money managers in the Middle East are confident the sale of government-owned Saudi Arabian Oil Co. this year will shake…

8 years ago