Airbus parent EADS (EAD.PA) will not chase growth at any cost and will avoid investing in areas where growth looks shaky or inaccessible, the company's strategy chief said on Thursday.
The company, which is in the process of selling its...
French carmaker PSA Peugeot Citroen (PEUP.PA) unveiled a 1.1 billion euro ($1.52 billion) writedown at its ailing overseas operations and won General Motors (GM.N) backing for a tie-up with China's Dongfeng.
Peugeot and GM also lowered savings goals for their...
Global equities slipped to a one-month low on Thursday after a provisional budget deal in Washington prompted speculation the Federal Reserve policymakers will start trimming its stimulus as early as next week.
"The chances of them doing something next week...
State-controlled Finnish utility Fortum has agreed to sell its local power distribution grid to a consortium of institutional investors led by First State Investments and Borealis Infrastructure for 2.55 billion euros ($3.5 billion).
The deal is the latest in a...
God fatherism has seldom worked in Nigeria even thought it has been tried for a very long time in Nigeria’s history. Current efforts by many Nigerian leaders to create their successors will fail like the ones before them. The...
"The whole world step aside for the man that knows where he is going"—Johnnie Walker
Quality is never ubiquitous. It is always for the discerning. The event was not particularly grandiose. Even the organiser doesn’t pretend it was meant to...
In 2011 Jude Agbaso, a young man was made deputy governor of Imo state via the political connection of his elder brother Martin Agbaso . Jude had no idea about governance. He knew nothing about politics . He had...
It is perhaps one of the most famously quoted references on the Nigerian blogosphere, particularly in ethnic squabbles. You probably heard or read it before if you are active on the Nigerian online community. Equivalent to the Holy Grail...
The United States and Britain suspended non-lethal aid to northern Syria after Islamist fighters seized Western-backed rebel weapons warehouses, highlighting fears that supplies could end up in the wrong hands.
The rebel Free Syrian Army fighting President Bashar al-Assad said...
Ukrainian protesters stood their ground on Wednesday after an overnight sweep by riot police and their leaders dismissed an offer of talks from a president they say must quit for favoring ties with Russia over the European Union.
Pressed by...
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.
