A verdict in a case involving U.S. e-commerce giant Amazon will be issued by the Court of Appeal in Versailles on…

The price of a barrel of benchmark U.S. oil plunged below $0 a barrel on Monday for the first time in history, a…

Following its directive to terminal operators to suspend all applicable storage fees on consignments (demurrage)…

The nearby airport, the lifeblood of Varadero’s economy, closed after Cuba shut its borders two weeks ago to…

The International Monetary Fund may need to step outside its comfort zone and consider “exceptional measures” to…

Of all the wild, unprecedented swings in financial markets since the coronavirus pandemic broke out, none has been…

“Given that the policy focus from governments and central banks has been to support the corporate sector, we like…

U.S. benchmark falls the most since trading began in New York. WTI May contract drops as much as 56% before Tuesday…

Bahrain became the latest nation in the oil-rich Gulf to announce drastic spending cuts, an effort to stretch…

JPMorgan Asset Management is prioritizing lending to companies with high-quality assets as more cash-hungry…

U.S. restaurants are on track to lose $50 billion in April, with losses mounting to an estimated $240 billion by…

United Airlines (UAL.O) said on Monday it expects to report a pre-tax loss of about $2.1 billion for the first…

As the coronavirus pandemic keeps America’s retail stores closed, Michael McGrail is gearing up for what is shaping…

The May contract for U.S. West Texas intermediate crude oil which expires on Tuesday, dropped 39.74% to $11.07 per…

Aston Martin’s (AML.L) immediate priorities will be restarting manufacturing and launching production of its…

Virgin Atlantic will only survive the coronavirus outbreak if it gets financial support from the British…

Volkswagen has reached settlements with 200,000 of the 260,000 claimants participating in a class action lawsuit…

The record label of American rapper, The Game and all profits from the sale of his last album “Born 2 Rap” has been…

Lagos State Governor, Babajide Sanwo-Olu has ordered mass production of locally made masks in a bid to halt spread…

Pandemic wracked Europe will need at least another 500 billion euros from European Union institutions to finance…

The African Development Bank (AfDB) has described as inaccurate news article stating it plans to provide financial…

The Managing Director, International Monetary Fund (IMF) Mrs. Kristalina Georgieva has advised Africa not…

The Nigerian Stock Exchange (NSE) has extended the due date for the submission of the audited financial…

The Nigerian economy is currently in dire straits with major economic indicators looking grim amidst…

The Managing Director, Financial Derivatives Company Limited and a member of President Muhammadu Buhari’s Economic…

GlaxoSmithKline and Sanofi will join forces to speed up production of a vaccine. Sanofi's flu vaccine will be added…

Consumer spending across the world is expected to take a hit in the second quarter of 2020 as sheltering in place…

US stocks soared on Friday, giving markets their second week of gains in a row. This hasn’t happened since the…

The Central Bank of Nigeria says interested stakeholders must meet its set criteria to access its N50bn…

The NIRSAL Microfinance Bank (NMFB) has waived Business Plans as a mandatory requirement for loan applications from…