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Kleiner To Invest In Messaging Startup Snapchat At Near-$10 Billion Valuation: Report

Venture capital firm Kleiner Perkins Caufield & Byer has agreed to invest in fast-growing messaging startup Snapchat at a valuation close to $10 billion,...

UBA Group Appoints Tony Elumelu As Chairman

SAN FRANCISCO, August 25, (THEWILL) – The Board of United Bank for Africa Plc (UBA) Monday announced the appointment of Mr. Tony O. Elumelu as...

Hackers Attack Sony PlayStation Network

A group of hackers calling themselves "Lizard Squad" has taken down several popular online video game networks and possibly diverted an American Airlines jet...

German Business Morale Sours In August As Ukraine Crisis Weighs

German business sentiment dropped for a fourth straight month in August as concerns about the Ukraine crisis and the impact of sanctions against Russia...

Exclusive: IRS Enforcement Agent Numbers Could Drop To Lowest Levels Since 1970s

Budget pressures at the Internal Revenue Service's Criminal Investigation Division are cutting the number of investigators there to the lowest level in four decades,...

Roche To Buy U.S. Biotech Firm InterMune For $8.3 Billion

Roche Holding AG has agreed to buy U.S. biotech company InterMune Inc for $8.3 billion in cash, helping the world's leading maker of cancer...

How British Business Has Been Hit By The Ebola Epidemic

British companies are braced for a “significant impact” on revenues after being forced to retreat from operations in west Africa in the face of...

French Economy Minister Says Austerity Measures Sapping Growth

Montebourg's interview with Le Monde daily came days after President Francois Hollande said he would accelerate reforms but not back away from his supply-side...

Russian Deputy PM Says No Plans To Ban McDonald’s: Itar-Tass

Russian authorities are not planning to close the McDonald's chain in the country, Deputy Prime Minister Arkady Dvorkovich was quoted saying on Saturday, after...

US Clothing Store Gap To Set Up In India

US clothing store Gap is bringing its brand to India with the aim of opening 40 outlets, and it will launch the first two...
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