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China Economy Loses More Steam In April, Further Stimulus On The Cards

China's money supply grew at its slowest pace on record and investment growth sank to its lowest in nearly 15 years as April data...

CBN Fines Five Nigerian Banks Over Infractions

BEVERLY HILLS, May 12, (THEWILL) – The Central Bank of Nigeria (CBN) has fined five commercial banks for contravening the Banks and Other Financial...

Aviation Africa: The Challenges Facing Business Operators

Despite the positives for business aviation across Africa, there are still a number of challenges. Ian Sheppard, editor, African Aerospace, moderated a panel session...

Verizon To Buy AOL In $4.4 Billion Deal

Verizon Communications Inc (VZ.N) said it would buy AOL Inc (AOL.N) in a $4.4 billion deal that gives the biggest U.S. wireless carrier access...

Adidas Not Approached By Activist Investors: CEO

Adidas (ADSGn.DE), which has hired advisers to help fend off any potential hostile takeover bid, said it had not been approached by activist investors...

Alibaba Rolls Out Three-Hour Delivery Service For Healthcare Goods

Chinese online shopping giant Alibaba Group Holding Ltd is rolling out a three-hour delivery service for healthcare goods, mimicking rival JD.com Inc. The service will...

Toshiba Shares Skid 17 Pct On Accounting Probe; $2.5 Billion Wiped Off Market Value

Fears over Toshiba Corp's second probe into its own accounting in two years wiped close to $2.5 billion off the Japanese industrial giant's market...

Oil Falls Below $65 On Signs Of U.S. Shale Oil Revival

Oil slipped below $65 a barrel on Monday as signs that U.S. shale oil production was recovering after a recent price rally renewed concerns...

T Rowe’s Challenge To Dell Deal May Fuel Critics Of ‘Appraisal’

An increasingly popular tactic used by hedge funds and others to extract more money from buyouts could face a major courtroom test as soon...

Obama To Democrats On Asia Trade Pact: Like Nike, ‘Just Do It’

President Barack Obama, co-opting Nike Inc's famous slogan, told Democrats on Friday to "just do it" and support a trade deal with Asian countries...