Business

China trade surplus hits $45.41 bn in October

China recorded a better-than-expected trade surplus of $45.

Nigeria's cement industry got $7bn new funds in 3 years, says Aganga

Mr Olusegun Aganga, Minister of Industry, Trade and Investment, on Friday said the Federal Government…

Oil prices rise after rough week of steep losses

Oil prices climbed Friday as the market took a breather after a turbulent week that…

11,000 workers to go at JP Morgan Chase

JPMorgan Chase will cut 3,000 more jobs than previously planned this year in its retail…

Russia's central bank vows to defend the ruble

Russia's central bank said Friday it was ready to step in to protect the crashing…

Nigeria's stock investors lose N1.433 trillion in 5 days

Nigerian Stock holders at the Lagos bourse further saw their portfolio shrinking as bearish pressure…

Mexico cancels Chinese bullet train contract

Mexico has abruptly withdrawn a multi-billion-dollar deal with a Chinese-led consortium to build the country's…

Singapore's Sovereign Fund buys stake in New Zealand malls

Singapore sovereign wealth fund GIC will acquire a 49 percent stake in five shopping malls…

OPEC forecast, strong dollar drive oil prices down in Asia

Oil prices fell in Asia Friday after the OPEC oil cartel slashed its longer-term global…

BMW topples Mercedes for US luxury car market crown

DETROIT (AFP) - With the economy rebounding and gasoline prices sinking, German automakers BMW, Mercedes-Benz…