Business

...As Diezani Declares Operation Zero Fuel Queue BEVERLY HILLS, CA, April 20, (THEWILL) – The Nigerian National Petroleum Corporation, NNPC, said on Sunday that there is no rift between the Petroleum Resources Minister and Chairman of NNPC Board, Mrs. Diezani...

Germany's BMW (BMWG.DE) is getting closer to deciding whether it will build a new factory, its board member Ian Robertson said on Sunday, as the luxury carmaker expands capacity to meet demand in key markets. "We are in the final...

South Korea's Hyundai Motor (005380.KS) on Sunday unveiled its small sport utility vehicle (SUV) concept targeted at the Chinese market, planning to join a flurry of rivals in tapping the growing segment in the world's biggest market. Hyundai said it...

Toyota Motor Corp (7203.T) plans to make and sell hybrid versions of its Corolla and Levin sedans in China next year, fitting them with locally-made components, in its first bid to entirely manufacture gas-electric hybrids outside Japan. The backdrop to...

Brazil´s federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday. If the police probe leads to criminal charges against Batista, it...

A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for nearly 47,000 retirees. U.S. Bankruptcy Judge Sean Lane in New York rejected a motion...

10 Nigerian universities are to get 70 million dollar financial support, from the International Development Association funding. This is part of money approved by the board of directors of the World Bank to build and nurture specialized world-class higher education...

SAN FRANCISCO, April 18, (THEWILL) – The bid by The Nation Newspapers and an Akure based activist, Morakinyo Ogele, to overturn the judgement of an Ado Ekiti High Court which awarded N750 million against them in favour of a...

Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley, according to a court document filed late on Thursday by employees suing...

Ford Motor Co (F.N) and IBM Corp (IBM.N) will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue...