Business

BEVERLY HILLS, CA, July 09, (THEWILL) - From all indications, the last is yet to be heard of the face-off between the House of Representatives and Petroleum Resources Minister, Mrs. Diezani Alison-Madueke, as the House Wednesday constituted a seven-man ad-hoc...

SAN FRANCISCO, July 09, (THEWILL) – The House of Representatives Wednesday passed into second reading the N322 billion 2014 appropriation bill of the Niger Delta Development Commission (NDDC) for the fiscal year ending on 31st December 2014. It also passed into...

World stocks fell on Wednesday as a decline in Chinese inflation and weaker European industrial data combined to suggest global growth may be slowing, eclipsing a positive start to the U.S. earnings season. The mining company Alcoa Inc reported results...

A Beijing court has ruled against Apple Inc by upholding the validity of a patent held by a Chinese company, clearing the way for the Chinese company to continue its own case against Apple for infringing intellectual property rights. Apple...

SAN FRANCISCO, July 08, (THEWILL) – The Kano State Government has filed a suit at the Federal High Court Abuja seeking to compel the Minister of Finance, Dr. Mrs. Ngozi Okonjo-Iweala, the Ministry of Finance and the Petroleum Products Pricing...

SAN FRANCISCO, July 08, (THEWILL) – The House of Representatives Committee on Aviation Tuesday expressed concerns over the non—utilisation of a $500 million loan the Ministry of Aviation obtained from the Chinese government for the transformation of the aviation...

Europe's main stock indices and bond benchmarks dipped on Tuesday amid reports of new U.S. fines on banks and dimming prospects for an asset purchase programme from the European Central Bank. Bank shares weighed on European equity indexes, compounding losses...

U.S. authorities have begun settlement talks with Germany's Commerzbank and Deutsche Bank over their dealings with countries blacklisted by the United States, extending a crackdown on European banks at a delicate point in U.S.-German relations. The talks with state and...

The trial of a couple arrested last year following work they did for British drugmaker GlaxoSmithKline PLC (GSK.L) in China will be handled according to the law, China's foreign ministry said on Tuesday, brushing off U.S. concern about the...

The bulk of India's future railway projects will be financed through public-private partnerships, the country's railways minister said on Tuesday, in a bid to modernise the vast but underfunded network. In his maiden budget, Sadananda Gowda said his ministry would...