Business

France said it would defend the interests of its biggest bank BNP Paribas, calling a possible $10 billion-plus U.S. fine "unreasonable" and warning it could have a bearing on transatlantic free trade talks. French government ministers have until now shied...

Apple Inc will let software developers include virtual-currency transactions in their applications, paving the way for new forms of money to appear on iPhones and iPads. "Apps may facilitate transmission of approved virtual currencies provided that they do so in...

… Seeks N2bn Damages BEVERLY HILLS, CA, June 02, (THEWILL) - Malabu Oil and Gas Limited Monday began moves to nullify the February 18 House of Representatives resolution on Oil Prospecting License (OPL) 245 in which it has an interest. The company...

Samsung Electronics Co Ltd (005930.KS) plans to launch the first smartphone based on its Tizen operating system in the third quarter, marking the company's latest bid to build up its own ecosystem and reduce reliance on Google Inc's (GOOGL.O)...

Signs of an economic revival in China have raised hopes that Beijing's targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there. Chinese factory activity expanded at...

Reassuring Chinese factory data and another record high for Wall Street lifted world stocks and commodities on Monday, as markets waited to see how far the European Central Bank will go with policy easing plans this week. China's manufacturing activity...

Dubai's Emirates airline, the largest customer for the Airbus A380, said on Monday it hoped to achieve progress soon on its call to upgrade the world's biggest passenger jet with new engines. Emirates has expressed interest in applying the lessons...

....Says Legacy Projects Must be Sustained SAN FRANCISCO, May 31, (THEWILL) – Senate Spokesman, Senator Enyinnaya Abaribe, has declared that Abia State particularly Aba is strategic in industrial development of Nigeria. Abaribe also said it requires a clearheaded personality to sustain...

European policymakers should not give up on efforts to make their economies more efficient and stick to budget rules, despite a strong protest vote in European Parliament elections, the ECB's Yves Mersch said on Saturday. With far-right, anti-EU parties sweeping...

The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the matter said. Federal investigators...