Business

Wal-Mart Reassures Employees As It Touts Tech Investments

Wal-Mart Stores Inc (WMT.N) executives on Friday reassured workers they remained integral to the company's success as they highlighted investments in online sales and other technology to compete with rivals like Amazon.com Inc (AMZN.O). Wal-Mart is successfully using e-commerce to...

Apple Set To Expand Siri, Taking Different Route From Amazon’s Alexa

Inc (AAPL.O) is expected to announce plans next week to make its Siri voice assistant work with a larger variety of apps, as the technology company looks to counter the runaway success of Amazon.com Inc's (AMZN.O) competing Alexa service. But...

Bitcoin Exchange Coinbase Seeks New Funds At $1 Billion Valuation: Wall Street Journal

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Bitcoin exchange Coinbase Inc is in talks with potential investors on a new round of funding at a valuation of more than $1 billion, the Wall Street Journal reported on Friday. It is not clear which investors are committing to...

Dollar Express Sues Dollar Tree For Driving It Out Of Business

U.S. discount retailer Dollar Express has filed a lawsuit accusing rival Family Dollar and its parent company Dollar Tree Inc (DLTR.O) of driving it out of business, the third government-required divestiture to fail in recent years. Dollar Express was formed...

Naira In Remarkable Rise Against The Dollar, Now Trades At N367 In Parallel Market

SAN FRANCISCO, June 01, (THEWILL) - The naira Thursday rose sharply against the dollar on the streets closing at N367 - $1 in Abuja and Lagos, recording a N15 gain from its previous close of N382/$. Aminu Gwadabe, president of...

Man Utd Overtakes Real Madrid As Europe’s Richest Club

SAN FRANCISCO, June 01, (THEWILL) - Manchester United football club of England has overtaken Real Madrid to become Europe’s richest football club despite not playing in the UEFA Champions league nor winning the English League since 2013. The latest football...

Indonesia Shows Interest In Buying More Crude Oil From Nigeria

SAN FRANCISCO, May 31, (THEWILL) - The Nigerian National Petroleum Corporation (NNPC) has stated that Indonesia has indicated its interest in increasing its purchase of crude oil from Nigeria. According to a statement released on Tuesday in Abuja by NNPC...

NSE Hit All Year High On Tuesday

BEVERLY HILLS, May 30, (THEWILL) - The market capitalisation which measures the total value of stock on the Nigerian Stock Exchange (NSE) hit an all year high of N10.121 trillion on Tuesday. The NSE crossed the N10 trillion mark for...

Italian Bank Worries Leak Into Second Week

Concerns over Italy's banks and Britain's national election campaign dominated holiday-thinned European financial markets on Monday, prodding stock markets lower after Asian share indices fell back off 2-year highs. Sterling, hammered by a slump for Prime Minister Theresa May's Conservatives...

Beijing Bling: Hyundai Plots China Branding Reboot After Missile Row

Bruised by anti-Korean sentiment in its biggest market and losing ground to local automakers, Hyundai Motor (005380.KS) will open its first Chinese brand store, and may locally assemble its premium Genesis cars and accelerate the launch of a sport-utility...