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Washington: A broad coalition of US states and powerful business federations went to court on Tuesday to block the Obama administration's move to extend overtime pay to some 4.2 million American workers.

The government's ongoing efforts to reform the economic and social structure of Thai society are moving in the right direction, says Supachai Panitchpakdi, a former secretary-general of the United Nations Conference on Trade and Development (Unctad).

Multiple award-winning artiste 9ice brought Ikorodu to a halt, recently as the Legend’s Real Deal Experience rolled into town for a second edition in Lagos. The event, which makes it the eighth stop in the nationwide tour where music stars get to areas, had a number of fun activities including a fullsizedrotating Legend bar, exciting onstage performances, the Taste, Tell and Win promotion as well ...

President Muhammadu Buhari has assured potential investors that Nigeria would soon be one of the most attractive places to invest as his administration has embarked on significant economic reforms to realise that goal. A statement issued yesterday by Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, quoted the President as giving the assurance to a large ...

The Federal Accounts Allocations Committee, FAAC, distributed N510.106 billion for the month of August to the three tiers of government. The amount represented a N16.442 billion increase over N493.828 billion shared by themin July. Briefing newsmen after the committee meeting Tuesday night in Abuja, Minister of Finance, Kemi Adeosun said the increased in allocation was due a “slight improvement in collection particularly ...

PwC Nigeria on Monday launched a tax mobile application, Tax247 app, an innovative tool that will radically transform the nation’s tax administration. The application enables business leaders, investors, regulators and citizens easy access to all relevant tax and related laws and keep them updated on developments in the economy, especially as it relatesto their tax obligations, government  policies and the ...

Le Forum Africa qui se tient aujourd'hui et demain à Paris est une opportunité pour les opérateurs algériens d'exposer leurs projets de partenariat et de s'intégrer dans le réseau des investisseurs africains et français.

The U.S. government granted aviation giants Airbus and Boeing permission on Wednesday to sell aircraft to Iran following last year’s nuclear accord. European airplane manufacturer Airbus announced the license from the U.S. Treasury’s Office of Foreign Assets Control early Wednesday. Chicago-based Boeing followed with its own announcement later in the ...

The Organisation for Economic Cooperation and Development on Wednesday cut its global economic outlook for 2016, as growth remains subdued in the United States, Europe and Japan amid sluggish trade activity. The OECD now expects the global economy to expand 2.9 percent this year, downgraded from the 3 percent forecast ...

Banks reportedly submit proposals to the emirate’s Department of Finance for the Route 2020 project