Business

Dangote Cement Posts N74.7bn Profit In Q1

BEVERLY HILLS, May 18, (THEWILL) – Nigeria’s largest cement producer, Dangote Cement, has announced a gross profit of N74.7 billion for the three months ended...

Aiteo Fully Committed To Contractual Obligations To NNPC, Says Firm

SAN FRANCISCO, May 18, (THEWILL) – Indigenous oil company, Aiteo, Sunday said it has not defaulted in its contractual obligations to the Nigerian National...

U.S. Appeals Court Reverses Part Of Apple’s $930 Million Verdict Vs Samsung

A U.S. appeals court on Monday reversed part of a $930 million verdict that Apple Inc (AAPL.O) won in 2012 against Samsung Electronics Co...

Intel, Altera Resume Deal Talks: NY Post

Chipmakers Intel Corp (INTC.O) and Altera Corp (ALTR.O) have resumed talks on a possible deal that could top $13 billion, the New York Post...

Exclusive: Help Us Fight Fakes, Alibaba’s Security Chief Tells Global Brands

When it comes to fighting fakes, Alibaba's head of internet security says cooperation beats the courtroom any day. Ni Liang, who runs the Hangzhou, China-based...

Oil Holds As Mideast Turmoil Offsets Ample Supply Outlook

Oil prices firmed on Monday after a major advance by Islamic State militants in Iraq. Islamic State overran the western city of Ramadi in the...

Amid China Slowdown, Foreign Creditors Face Bankruptcy Riddle

As China's economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up...

Google Versus Oracle Case Exposes Differences Within Obama Administration

The Obama administration has been locked in internal wrangling over what position to take in high profile litigation between two American technology giants, Google...

Pipeline carrying Nigeria’s Bonny Light crude for export shut down

The Trans Nigeria Pipeline that carries Nigeria's Bonny Light crude oil to an export terminal has been shut down since May 12, a Shell...

Sharp Gains $1.9 Billion Bailout But Restructuring Steps Disappoint

Japan's Sharp Corp said it had secured a $1.9 billion bailout, its second major bank-led rescue in three years, after falling deep into the...