Wal-Mart Stores Inc (WMT.N) wants Americans, even those on a budget, to buy more organic food. The retailer that leads U.S. stores in grocery sales said on Thursday it struck a deal to sell Wild Oats brand organic foods at non-organic prices.
Updated 5 Years ago

A car bomb went off outside a Bank of Greece building in central Athens early on Thursday, smashing windows in nearby shops but causing no injuries, police and Reuters witnesses said. The blast struck hours before Greece planned its first foray into the international bond markets since it plunged into a debt crisis four years ago, and a day before a visit by German Chancellor Angela Merkel.
Updated 5 Years ago

US Secretary of State John Kerry and his Russian counterpart have agreed on the need to resolve the security situation in eastern Ukraine peacefully, officials say. It comes as pro-Russia activists continue to occupy state buildings in eastern cities of Ukraine.
Updated 5 Years ago

Ahead of its formal admission and ‘unconditional’ trading next week (April 14) in London, equity traders yesterday commenced ‘conditional’ trading of Seplat Petroleum Development Company’s shares on the Main Market of the London Stock Exchange (LSE), BusinessDay has learnt.
Updated 5 Years ago

A stock market debut by oil and gas firm Seplat in Lagos and London is likely unleash a round of initial public offerings (IPOs) in Nigeria after they stalled in the wake of a 2008 financial crisis, the head of the country’s bourse said.
Updated 5 Years ago

The Central Bank of Nigeria (CBN) has put the total amount disbursed to beneficiaries under the Commercial Agriculture Credit Scheme (CACS) as at the end of the first quarter 2014 at N228.093 billion.
Updated 5 Years ago

The Central Bank of Nigeria (CBN) has put the total amount disbursed to beneficiaries under the Commercial Agriculture Credit Scheme (CACS) as at the end of the first quarter 2014 at N228.093 billion.
Updated 5 Years ago

The Central Bank of Nigeria (CBN) has put the total amount disbursed to beneficiaries under the Commercial Agriculture Credit Scheme (CACS) as at the end of the first quarter 2014 at N228.093 billion.
Updated 5 Years ago

China plans to connect the stock exchanges ofHong Kong and Shanghai, allowing a combined 23.5 billion yuan ($3.8 billion) of daily cross-border trading. Investors will be able to trade 10.5 billion yuan of Hong Kong-listed stocks through the Shanghai exchange, and 13 billion yuan of mainland shares through Hong Kong, the China Securities Regulatory Commission said in a statement on its website today. That’s equivalent to about 21 percent of the average daily value of shares bought and sold in Hong Kong over the past year, and 14 percent of daily trading on the Shanghai Composite Index, according to data compiled by Bloomberg.
Updated 5 Years ago

Federal Reserve Chair Janet Yellen and her international counterparts are suffering from a case of what psychologists call confirmation bias: They keep insisting inflation will accelerate even as it continues to ebb. That’s the diagnosis of Ethan Harris, co-head of global economics research at Bank of America Corp. in New York. He says central bankers are seeing what they want to see by blaming subpar inflation in their countries on temporary, partly home-grown forces. That risks ignoring more lasting, global influences ranging from weak worldwide demand and more emerging-market competition to cheap labor in developing nations, cooling commodity prices and technological breakthroughs.
Updated 5 Years ago