Business

Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned on Tuesday under mounting pressure from investors over his leadership. Kalanick's departure caps a tumultuous period for the world's largest...

Emirates, the Middle East's largest airline, is looking to the region's biggest economy, Saudi Arabia, to help make up for a drop in demand that has forced it to keep five aircraft grounded. Emirates has redeployed eight aircraft elsewhere after...

BEVERLY HILLS, June 20, (THEWILL) - Etisalat has been instructed to transfer its 45 percent stake in Etisalat Nigeria to a loan trustee following the failure of debt restructuring talks with a consortium of banks, led by Access Bank...

SAN FRANCISCO, June 19, (THEWILL) - The Asset Management Corporation of Nigeria (AMCON) has revealed that at least 350 individuals in the country currently owe banks a total sum of N2.5 trillion representing about 80 per cent of AMCON’s...

European stocks headed for their biggest rise in two months on Monday as investors snapped up cut-price retail and tech stocks and France's shares and bonds cheered a meaty parliamentary majority for pro-business President Emmanuel Macron. Europe's banks jumped too...

Oil prices edged lower on Monday, weighed down by an expansion in U.S. drilling that has helped to maintain high global supplies despite an OPEC-led initiative to tighten the market by cutting production. Signs of faltering demand have also prompted...

Alphabet Inc's (GOOGL.O) Google will implement more measures to identify and remove terrorist or violent extremist content on its video sharing platform YouTube, the company said in a blog post on Sunday. Google said it would take a tougher position...

When Wal-Mart Stores Inc bought online retailer Jet.com for $3 billion last year, it marked a crucial moment - the world's largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete. On Friday, Amazon.com...

Amazon.com Inc said on Friday it would buy U.S. organic supermarket chain Whole Foods Market Inc for $13.7 billion, including debt, marking the internet retailer's largest deal and biggest foray into the brick-and-mortar retail sector. The deal, which puts a...

The European Commission approved on Friday Royal Dutch Shell's (RDSa.L) $3.8 billion sale of North Sea oil and gas assets to private equity-backed Chrysaor. "The Commission concluded that the proposed acquisition would not raise competition concerns, because of its limited...