Business

U.S. health insurer Anthem Inc’s (ANTM.N) Chief Executive Joseph Swedish will step down and be succeeded by industry veteran Gail Boudreaux, the Wall Street Journal reported on Friday, citing people with knowledge of the matter. It is unclear how quickly...

Twitter Inc said on Thursday it could turn its first ever profit in the fourth quarter, after making sweeping cuts in expenses the past few months and finding sources of revenue beyond the advertising that dominates social media. Shares of...

Wal-Mart Stores Inc will roll out shelf-scanning robots in approximately 40 stores to replenish inventory faster on its shelves and save store employees time when products run out. The company has been piloting such robots in a handful of stores. “If...

Apple (AAPL.O), Volkswagen (VOWG_p.DE), BMW (BMWG.DE) and Daimler (DAIGn.DE) have warned EU regulators that adopting patent fee guidelines which favor Qualcomm (QCOM.O) and Ericsson (ERICb.ST) could hurt consumers and hinder innovation. The companies’ lobbying group, the Fair Standards Alliance (FSA),...

Cisco Systems Inc (CSCO.O) will buy software company BroadSoft Inc (BSFT.O) for $1.71 billion, it said on Monday, in a deal that boosts Cisco’s collaboration tools and helps the company diversify its offerings away from switching and routing. Shares in...

Nigeria plans to increase its budget to a record 8.6 trillion naira ($27.34 billion) in 2018, up 15.5 percent from this year to stimulate growth, according to a draft budget document seen by Reuters on Thursday. The country, which has...

BEVERLY HILLS, October 19, (THEWILL) - Barely a day after the Nigerian Stock Exchange, NSE, suspended trading on the shares of Oando Plc, the Nigerian oil company on Thursday suffered the same fate at the Johannesburg Stock Exchange, JSE. Nigeria’s...

BEVERLY HILLS, October 18, (THEWILL) - The Nigerian Stock Exchange, NSE, on Wednesday announced the suspension of trading on shares belonging to Oando Plc, explaining that the action was based on the directive of the Securities Exchange Commission, SEC. This...

BEVERLY HILLS, October 17, (THEWILL) - Annual inflation in Nigeria slowed for an eighth month in September, easing to 15.98 per cent, Reuters reports the National Bureau of Statistics, NBS, as saying on Tuesday. The rate of annual inflation was 0.03...

Global finance leaders on Saturday appealed to central bankers to stick as long as possible with low-interest rate policies that have made borrowing attractive and helped safeguard an improving but still fragile world economic recovery. Declaring the “recovery is not...