Business

JPMorgan under US criminal probe on forex trade

The US Department of Justice has launched a criminal probe of JPMorgan Chase's foreign exchange…

Steve Jobs early Apple-1 up for auction

An early Apple device sold by Steve Jobs from his parents' garage goes under the…

Bonuses whistleblower accuses World Bank of witch hunt

A French World Bank official who criticized large bonuses given to senior staff says he…

Sprint, US telecom firm to slash 2000 jobs

Number three US wireless carrier Sprint said Monday it was slashing 2,000 jobs in a…

Oil prices plunge on back of Saudi price cuts

Oil prices plunged late in the day Monday after reports that Saudi Arabia was slashing…

Lafarge WAPCO, DangCement shed prices, banks gain

Transactions on the Nigerian Stock Exchange (NSE) opened on Monday on a bearish trend with…

Fuel economy fraud: Hyundai, Kia agree to pay US govt $100 mln

Hyundai and Kia agreed to pay $100 million Monday to settle a US government investigation…

Dubai repays $1.93 billion Islamic bonds debt

Dubai said Monday it has repaid $1.

67 ships, with petrol and rice, expected in Lagos ports

Sixty seven ships laden with petroleum products and other commodities are being expected to berth…