Business

Japan's first quarter growth handily beat initial estimates on an unexpected surge in capital spending, fresh signs the world's third-biggest economy is in better shape to weather a hit to consumption from a sales tax hike. Capital spending, long a...

Cyber crime costs the global economy about $445 billion every year, with the damage to business from the theft of intellectual property exceeding the $160 billion loss to individuals from hacking, according to research published on Monday. The report from...

BEVERLY HILLS, CA, June 07, (THEWILL) - Kola Aluko, the co-founder of Seven Energy and Atlantic Energy Drilling Concepts Limited, two companies with vast interest in the Nigerian oil sector, has refuted reports that he is being sought by...

Euro zone interest rates will diverge from those in the United States and Britain for a number of years, European Central Bank (ECB) Executive Board member Benoit Coeure told France Inter radio on Saturday. Speaking after the ECB this week...

SAN FRANCISCO, June 06, (THEWILL) – A comprehensive package to creating a clement environment for the private sector to thrive and driving investment in technology and industrialization has been unveiled by Delta State, Dr. Emmanuel Eweta Uduaghan for the...

Airtel Nigeria has entered into partnership with Iphone, the most sold phone in the world with about 272 million subscribers, in order to improve the quality of the network, products, services and infrastructure. Speaking at the launch of the new...

Bank of America Corp (BAC.N) could pay more than $12 billion to settle probes by the U.S. Justice Department and a number of states into the bank's alleged handling of shoddy mortgages, the Wall Street Journal said on Thursday,...

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke yesterday said the United States (US) has finally stopped the importation of crude oil from Nigeria. This may not be unconnected with the US’ discovery and utilisation of Shale oil and gas. Following...

U.S. stock index futures were slightly higher on Thursday after the European Central Bank cut interest rates to record lows while indicating further monetary policy actions will follow. * Seeking to combat deflation, the ECB cut the deposit rate to...

General Motors Co (GM.N) has found senior executives were not to blame for a delayed vehicle recall involving defective ignition switches linked to at least 13 deaths, a person familiar with the matter told Reuters on Thursday. The report by...