Business
Visa In Talks To Buy Former Subsidiary Visa Europe For Up To $20 Billion: Bloomberg
Visa Inc (V.N) is in preliminary talks to buy former subsidiary Visa Europe Ltd, in a deal that could be valued at up to...
GE Wins Deal Worth Up To $2 Billion For Engines For Taiwan, Others
General Electric Co (GE.N) has won a five-year contract valued at up to $2 billion to supply helicopter engines to the government of Taiwan...
Nigeria Subsidy Fears Threaten Worse Fuel Shortage
Fuel shortages are set to worsen in Nigeria as international traders and local marketers back away from imports over fears that the cash-strapped new...
Tony Elumelu To Speak As President Obama Celebrates Emerging Global Entrepreneurs
African business leader and philanthropist, Mr. Tony O. Elumelu, CON will speak at a White House event hosted by U.S. President Barack Obama this...
Syngenta Rejects $45 Billion Monsanto Takeover Offer
Agrochemicals firm Syngenta on Friday rejected a $45 billion takeover offer from Monsanto, saying the offer undervalued the Swiss firm and did not fully...
Exclusive: Microsoft Has No Plans To Pursue Salesforce – Sources
Microsoft Corp (MSFT.O) currently is not weighing an offer for Salesforce.com Inc (CRM.N), two people familiar with the matter said on Thursday, dampening speculation...
FG Urged To Strengthen Local Content Law
BEVERLY HILLS, May 07, (THEWILL) – The Chairman of Lee Engineering and Construction Company, one of Nigeria’s leading indigenous oil, gas and power engineering...
Media Consultant Drags Diezani To Court, Seeks N1bn Compensation
BEVERLY HILLS, May 07, (THEWILL) – An Abuja-based media consultant and former newspaper editor, Simon Imobo-Tswam, has dragged the Minister of Petroleum Resources, Mrs....
Alibaba Revenue Beats Estimates, CEO Lu To Step Down
Alibaba Group Holding Ltd's (BABA.N) quarterly revenue rose 45 percent, beating analysts' expectations, as the Chinese e-commerce company reported a jump in gross merchandise...
Alcatel-Lucent Defends Nokia Deal As Weathers U.S. Slowdown
Telecom equipment maker Alcatel-Lucent (ALUA.PA), which is set to be bought by larger rival Nokia (NOK1V.HE), improved profit margins in the first quarter despite...