French cosmetics firm L'Oreal (OREP.PA) is buying 8 percent of its shares from Swiss food group Nestle (NESN.VX) for 6.5 billion euros ($9 billion), loosening their 40-year partnership and allowing both firms to boost earnings per share.
However, Nestle said...
Airbus (AIR.PA) claimed bragging rights as the Asia-Pacific's dominant aircraft supplier on Tuesday, saying the region's fast growing economies and rising passenger demand will continue to drive demand over the next 20 years.
The European planemaker said that in 2013,...
Barclays Plc (BARC.L) expects to axe up to 12,000 jobs this year to cut costs and counter falling income at its investment bank, where profits slumped last year.
But it is also paying staff higher bonuses, risking a backlash from...
Indonesian flag carrier Garuda Indonesia (GIAA.JK) is developing a new hub in Bintan island, off Singapore, to augment its domestic network in one of the world's fastest-growing airline markets.
Garuda is partnering Singapore-listed Gallant Venture Ltd (GLVT.SI) to build the...
… Insists Delta IPP Will Be Commission By Year End
SAN FRANCISCO, February 11, (THEWILL) – Delta State Governor Dr. Emmanuel Uduaghan has charged leaders in the country to be transparent, sincere and run an inclusive government.
Besides he hinted that...
BEVERLY HILLS, February 11, (THEWILL) - The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Engr. Andrew Yakubu, and the Managing Director of the Pipelines and Products Marketing Company...
BEVERLY HILLS, February 11, (THEWILL) - The All Progressives Congress (APC) has said the sponsored sabotage of its (APC) ongoing membership registration by the Peoples Democratic Party (PDP) in several states of the federation and its rush to the...
"Despite the onerous difficulties involved in my epic struggle for justice, I am resolute in my conviction that Nigeria belongs to those who are prepared to stand up, stand firm and take control of their destinies. Our young democracy...
To a first-time visitor, much of Nigeria is likely to appear like the wreckage of a long war, what with its gutted roads, rutted infrastructure, the near-absence of electric power, and the paucity of pipe-borne water. It’s a developmental...
Nkeiruka Ezekh, black Russian of Igbo-Nigerian heritage is participating and representing her country Russia, the host of 2014 Winter Olympics in Sochi. She will be participating in the Curling competition at Winter Olympics.
This is not the first time Nkeiruka...
Describing the allegations as entirely false, Adedeji said they were the handiwork of individuals determined to discredit him and weaken public confidence in the Tinubu administration.