Business

Former Google CEO Schmidt To Head New Pentagon Innovation Board

Eric Schmidt, the former chief executive officer of Google, has agreed to head a new Pentagon advisory board aimed at bringing Silicon Valley innovation...

Deutsche Bank CEO Aims For Universal Bank With German Roots

Deutsche Bank (DBKGn.DE) is firmly focused on being a top international corporate and capital markets player with strong roots in Germany, its Chief Executive...

German Competition Watchdog Opens Probe Against Facebook

Facebook's privacy rules are under fresh scrutiny in Germany after the country's competition watchdog said Wednesday it suspects the social networking site of abusing...

Barclays Shares Fall 7% On Results And Restructuring

Barclays shares closed down 7% after reporting a drop in full-year profits, a dividend cut and a restructuring including reducing its stake in Africa. Underlying...

Naira Falls Across Fx Market As Reserve Declines To $27.8bn

BEVERLY HILLS, February 29, (THEWILL) – The naira depreciated in value against the dollar across foreign exchange (FX) markets due to shortage of the...

Amazon Enters Britain’s Fresh Food Market With Morrisons Deal

Online retailer Amazon (AMZN.O) is set to enter the British fresh food market after striking a supply deal with supermarket Morrisons (MRW.L), potentially ramping...

U.S. Shale’s Message For OPEC: Above $40, We Are Coming Back

For leading U.S. shale oil producers, $40 is the new $70. Less than a year ago major shale firms were saying they needed oil above...

China Expects To Lay Off 1.8 Million Workers In Coal, Steel Sectors

China said on Monday it expects to lay off 1.8 million workers in the coal and steel industries, or about 15 percent of the...

Elumelu Emphasises Collaboration, Integration In Trade, Investment Across Africa

SAN FRANCISCO, February 26, (THEWILL) – Sustained Investments in agriculture and energy can lead to and sustain economic transformation across Africa, Tony Elumelu, chairman,...

Naira Closes At 320/Dollar

BEVERLY HILLS, February 26, (THEWILL) – The naira traded at 320 to a dollar on the parallel market on Friday, after five days of...
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