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Audi, BMW Sell Fewer Luxury Cars Than Mercedes

Business THEWILL_ -
Germany's Audi (VOWG_p.DE) and BMW (BMWG.DE) sold fewer vehicles in January than luxury rival Mercedes-Benz, which has benefited from a continued surge in Chinese...

Naira Exchanges N312/$1 As Inter-Bank Rate Doubles After FX Payment

Business THEWILL_ -
SAN FRANCISCO, February 09, (THEWILL) – The naira on Tuesday exchanged at N312 against the dollar following shortage of the greenback. Consequently, naira depreciated in...

Cost Cuts Help Coca-Cola Beat Profit Expectations

Business THEWILL_ -
Coca-Cola Co (KO.N) reported a better-than-expected quarterly profit, helped mainly by aggressive cost-cutting. Coca-Cola is also trying to boost sales by raising prices and diversifying...

Google CEO Pichai Receives Stock Grant Worth About $199 Million

Business THEWILL_ -
Google Chief Executive Sundar Pichai received restricted stock worth about $199 million, according to a regulatory filing by Google parent company Alphabet Inc (GOOGL.O)...

MTN Confirms Lawsuit With Etisalat

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SAN FRANCISCO, February 08, (THEWILL) – MTN Nigeria has confirmed that it has been served with court summons based on a lawsuit filed by...

India Introduces Net Neutrality Rules Barring Facebook’s Free Internet

Business THEWILL_ -
India introduced rules on Monday to prevent Internet service providers from having different pricing policies for accessing different parts of the Web, in a...

Verizon Enlists AOL CEO To Explore Yahoo Deal: Bloomberg

Business THEWILL_ -
Verizon Communications Inc (VZ.N) has given Tim Armstrong, chief executive officer of its AOL unit, a leading role in exploring a possible bid for...

Credit Suisse’s Thiam Wants His Bonus To Be Cut Up To 50 Percent: Report

Business THEWILL_ -
Credit Suisse (CSGN.VX) Chief Executive Officer Tidjane Thiam has asked the bank's board to cut his 2015 bonus by between 25 percent and 50...

Etisalat Takes MTN To Court Over Visafone Acquisition

Business THEWILL_ -
SAN FRANCISCO, February 07, (THEWILL) – Etisalat Nigeria has brought a legal action against MTN Nigeria and Visafone Limited, challenging MTN’s use of the...

German Competition Watchdog Wants ‘Big Data’ Hoards Considered In Merger Probes: Paper

Business THEWILL_ -
The vast troves of consumer data held by big Internet companies should be scrutinized in merger probes because they have a big impact on...
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