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The Federal Government on Tuesday revealed plans to cut the oil price benchmark for the 2020 budget to $20 per…

The U.S. trade deficit increased by the most in more than a year in March as a record drop in exports offset a…

California and three of its largest cities on Tuesday sued Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O),…

BMW (BMWG.DE) on Tuesday lowered the outlook for the profitability of its automotive and motorcycles divisions,…

Lyft Inc (LYFT.O) said on Tuesday it would expand its program that provides cheaper rides to customers willing to…

Airbnb Inc is laying off 25% of its workforce due to the coronavirus pandemic, impacting nearly 1,900 employees of…

Health protocols introduced by Nigerian authorities to curb the spread of the Covid-19 disease have delayed cocoa…

Solvency concerns in the developing world are nothing new. But as governments stare down the humanitarian and…

Kenya plans a 1.5% digital tax on the value of online transactions, according to proposals in the Finance Bill…

British airline Virgin Atlantic said on Tuesday it planned to cut 3,150 jobs and would move its flying programme…

Fiat Chrysler Automobiles (FCA) plunged to a first-quarter loss of $1.8 billion and scrapped its full-year earnings…

Congressional Republicans who strenuously objected when a Democratic-led U.S. House of Representatives panel…

Lufthansa (LHAG.DE) is not planning to buy rivals weakened by the coronavirus crisis, Chief Executive Carsten Spohr…

France accused Apple APPL.O on Tuesday of undermining its effort to fight the coronavirus by refusing to help make…

The naira sold for N430 to a dollar on Monday, gaining some strength over previous week’s sales figures, following…

Oil extended gains in Asia Tuesday on signs of improving demand as coronavirus-hit major economies begin to ease…

African countries have fewer coronavirus cases than much of the world, but weaker healthcare systems do put the…

New Zealand Prime Minister Jacinda Ardern says the country will not have open borders with the rest of the world…

European markets bounced back on Tuesday after a session of steep losses, spurred by a late rally for Wall Street…

Leading Nigerian financial institution, First City Monument bank (FCMB) has issued an official statement to address…

Risk assets had been hit amid earnings, geopolitical worries. Japan, China, South Korean markets are closed on…

U.S. President Donald Trump said some states “aren’t going fast enough” to reopen, even as he acknowledged that the…

Solvency concerns in the developing world are nothing new. But as governments stare down the humanitarian…

Market turbulence has calmed down since the mid-March extremes, but a couple of recent moves may bode particularly…

Pandemic means tourism sector will focus more on hygiene. The government says it will not restrict hotel…

American International Group Inc. was hit by about $272 million in costs tied to the coronavirus as the insurance…

L Brands Inc. agreed to cancel a deal that would have given private equity firm Sycamore Partners control of…

U.S. stocks ended higher on Monday as increases in large tech and internet companies and oil price gains outweighed…

Fund managers and corporations have deployed over $1.1 trillion into money markets while the S&P 500 mounted a…

Germany’s state premiers will agree on measures to further ease coronavirus restrictions in a teleconference with…