Business

Shares in Saudi bank soar after record oversubscription of IPO

Shares in Saudi Arabia's National Commercial Bank surged 10 percent on Wednesday in their first…

China's richest man says being rich is 'great pain'

Jack Ma, founder of China's e-commerce giant Alibaba, may be China's richest man, but he…

Australian PM wants G20 act on corporate tax dodgers

Australian Prime Minister Tony Abbott on Wednesday said leaders of the world's most powerful economies…

US, UK regulators slam $3.1billion fines on 5 banks

Five international banks have been fined $3.

Oil prices continue slide in Asia

Oil prices fell in subdued Asian trade Wednesday following sustained speculation about the dim prospects…

Japanese airbag maker in trouble amid lawsuits

Japanese auto parts maker Takata is facing the biggest test in its 80-year history amid…

Yahoo buys video ad platform for $640 mn

Yahoo on Tuesday announced it is buying video advertising platform BrightRoll for $640 million to…

Price of Brent North Sea oil hits a 4-year low

Crude prices fell further Tuesday on dimming prospects of a production cut by the OPEC…

Train services in eastern Nigeria begin soon

The Chairman of the Nigerian Railway Corporation, Alhaji Bamanga Tukur, has said that train services…

Lafarge WAPCO takes over United Cement

Lafarge WAPCO, a Nigerian unit of France's Lafarge said it had entered into an agreement…