LOS ANGELES (AP) — Dozens of people are demonstrating outside Fox Studios in Los Angeles, where News Corp. is holding its annual shareholders meeting. At the meeting Friday, News Corp. CEO Rupert Murdoch is facing shareholders with small stakes in his company for the first time since a phone-hacking scandal […]

  •May compensate owners of nationalised banks •Companies are Zenon Petroleum (N150bn), Seawolf Oilfield Services Limited (N100bn) and Geometric Power Industries (N25bn). •AMCON has acquired N2.78 trillion face value of NPL from 21 banks to date   The Asset Management Corporation of Nigeria (AMCON), on Thursday in Lagos said it […]

TOKYO/LONDON/BOCA RATON (Reuters) – A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm’s ex-CEO. The veteran banker, Hajime ‘Jim’ Sagawa, owned an obscure U.S. financial firm which was hired […]