Business

Tesla Inc (TSLA.O) said it is expanding its auto service centers and adding 350 mobile service vans as it gears up to support its Model 3 sedan, a mass-market car that is expected to drive a 500 percent increase...

SAN FRANCISCO, July 10, (THEWILL) - The Central Bank of Nigeria (CBN) on Monday injected a total of $142.5 million into the inter-bank foreign exchange, days after intervening in the retail segment of the market with the sum of $254.3million. A breakdown...

BEVERLY HILLS, July 07, (THEWILL) - The Nigerian Stock Exchange (NSE) has suspended 17 listed companies from trading their shares in the bourse. In a statement signed by Acting Head, Listings Regulation Department, Godstime Iwenekhai, the NSE said the action was...

Microsoft Corp (MSFT.O) plans to cut "thousands" of jobs, with a majority of them outside the United States, a person familiar with the matter told Reuters. Reuters reported on Monday that Microsoft would undergo a reorganization that would impact its...

Qatar Airways has axed orders for four A350s because of delivery delays, Airbus said on Thursday, handing the European planemaker a new headache over what to do with jets worth $1.2 billion at list prices as it tries to...

Qatar Airways is to press on with plans to build a stake of up to 4.75 percent in American Airlines (AAL.O) in the near future, despite the "categorical" opposition of the U.S. company's management, Qatar Chief Executive Akbar al-Baker...

Dish Network Corp (DISH.O) Chief Executive Charlie Ergen and Amazon.com Inc (AMZN.O) head Jeff Bezos have discussed a partnership to enter the wireless business, the Wall Street Journal reported, citing people familiar with the matter. Amazon could help bankroll a...

BEVERLY HILLS, July 05, (THEWILL) - The Central Bank of Nigeria (CBN) on Wednesday announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market, following its intervention in other segments of the market on Monday,...

SAN FRANCISCO, July 05, (THEWILL) - Ashaka Cement Plc has voluntarily delisted from the Nigerian Stock Exchange (NSE) for violation of the exchange free float deficiency provision of 20 percent. At any time, every listed company on the NSE must hold...

BEVERLY HILLS, July 03, (THEWILL) - The Central Bank of Nigeria, CBN, on Monday sold the sum of $195 million in various segments of the inter-bank foreign exchange market in continuation of its drive to ensure liquidity and stability in...