Business

Labor Strife, Safety Concerns Push South Africa Platinum Mechanization

For decades, production in South Africa's platinum mines has rested on the muscular shoulders of men risking life and limb to drill into the rock face with jackhammers. Three years of labor upheaval and a political push to make the...

Wall Street Hits Lowest Level In Five Months; S&P Breaks Support

U.S. stocks fell on Monday to continue their recent decline, with the S&P 500 dropping to its lowest level since May on global growth concerns. The benchmark S&P index had slumped 3.1 percent last week and Monday's losses pushed the...

New iPhones To Be Available In More Than 115 Countries By Year-end

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Apple Inc (AAPL.O) said that its recently released iPhone 6 and iPhone 6 Plus phones will be available in more than 115 countries by the end of the year. The iPhones will arrive in 36 additional countries and territories across...

Ford To Add 850 Jobs At Dearborn Factories For New F-150 Truck

Ford Motor Co said on Monday it will add 850 hourly jobs at its Dearborn, Michigan, facilities to support the launch of the redesigned, aluminum-intensive 2015 F-150 pickup truck. The No. 2 U.S. automaker said the new jobs are divided...

Honda Recalls 43,000 2014-2015 Acuras In U.S. To Fix Front Belts

Honda Motor Co (7267.T) said Monday it is recalling 43,000 Acura luxury models in the United States to fix faulty seat belts. Honda said front seat belts may not release from the retracted position in very low temperatures below 0...

UBA & MoneyGram Launch New Outbound Money Transfer Service In Nigeria

BEVERLY HILLS, October 13, (THEWILL) - Nigeria’s money transfer business landscape entered a new phase Monday as Africa’s global bank, the United Bank for Africa (UBA) Plc and global Money Transfer giant, MoneyGram launched outbound money transfers in Nigeria. The newly...

FedEx Workers At New Jersey Facility Reject Union Representation

Workers at a New Jersey facility of package delivery company FedEx Corp (FDX.N) unit FedEx Freight voted against union membership on Friday, the latest in a series of setbacks for the Teamsters union's efforts to unionize the company's workforce. In...

Nissan Recalls 238,000 2013 Altima Sedans On Hood Latch Issue

Nissan Motor Co is recalling about 238,000 Altima sedans from the 2013 model year because a secondary hood latch may not hold, increasing the risk of a crash, U.S safety regulators and the company said on Friday. Altima is the...

Berkshire-Owned Dairy Queen Says Customer Data Hacked In 46 States

Ice cream and fast-food restaurant chain Dairy Queen has confirmed a security breach that may have compromised the payment card information of customers at several hundred locations across 46 U.S. states. Computers at Dairy Queen locations, and one Orange Julius...

Switzerland Says Will Begin Talks With EU On Sharing Bank Data Soon

Switzerland will begin negotiations soon with the European Union and some other countries on automatically sharing data on Swiss bank accounts held by foreigners, the government said on Wednesday. It could start exchanging data in 2018 at the earliest, once...
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Tinubu Doesn’t Live Large — NRS Boss Fires Back At Critics, Says President Walks To Work, Eats Once Daily, Debunks $279m Fraud Allegation

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.
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