Business

Uber’s Use Of Encrypted Messaging May Set Legal Precedents

Top executives at Uber Technologies Inc used the encrypted chat app Wickr to hold secret conversations, current and former workers testified in court this week, setting up what could be the first major legal test of the issues raised...

Fiat Chrysler CEO Says In Talks With Hyundai On Tech Partnership

Fiat Chrysler Automobiles is in talks with South Korea’s Hyundai about a technical partnership, but there are no merger talks between the two, FCA Chief Executive Sergio Marchionne said on Saturday. FCA is often the subject of merger speculation, especially...

Canadian Charged In Yahoo Hacking Case To Plead Guilty In U.S.

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A Canadian accused by the United States of helping Russian intelligence agents break into email accounts as part of a massive 2014 breach of Yahoo accounts is expected to plead guilty next week, according to court records. Karim Baratov, who...

French Minister ‘Shocked’ By Job Cuts At Nestle’s Galderma Unit

French Finance Minister Bruno Le Maire said on Saturday he was particularly “shocked” by Nestle’s (NESN.S) plans to cut up to 450 jobs at its Galderma skin-health research plant in the south of France as the plant benefited from...

Apple Sells MekaMons, Robots Built By Adekunle Nigerian-British

Apple Stores in the United States and United Kingdom have begun the sale of gaming robots, MekaMons, built by a Nigerian-British, Silas Adekunle. Adekunle’s company, Reach Robotics struck the deal with Apple recently. The product with a price tag of $299.95...

Nigeria’s Economy Consolidates Exit From Recession As Q3 2017 GDP Grows By 1.40%

BEVERLY HILLS, November 20, (THEWILL) - Nigeria’s economy has consolidated its exit from recession as the nation’s Gross Domestic Product (GDP) grew in Q3 2017 by 1.40% (year-on-year). The figure, as released on Monday by the National Bureau of Statistics...

U.S. Dollar, Wall Street Fall With Tax Overhaul In Focus

The U.S. dollar was lower on Friday along with Wall Street stocks as investors pulled back from technology stocks and were skeptical President Donald Trump’s Republican party would succeed in its efforts at overhauling U.S. tax law. U.S. Treasury yields...

Apple Pushes Launch Of Homepod Smart Speaker To Early 2018

“We can’t wait for people to experience HomePod ... but we need a little more time before it’s ready for our customers. We’ll start shipping in the U.S., UK and Australia in early 2018,” an Apple spokeswoman said via...

Nigeria’s Senate Approves Report Exonerating MTN Nigeria Over Forex Transfers

Nigeria’s Senate approved on Wednesday a report largely exonerating South African telecoms company MTN Group Ltd’s Nigerian unit, after the business was accused of illegally repatriating $14 billion to its parent. But the Senate report also asked Nigeria’s central bank...

Diamond Bank To Let Go Of W’African Subsidiaries

BEVERLY HILLS, November 05, (THEWILL) - Diamond Bank Plc has concluded plans to sell its West African banking operations in order to focus on Nigeria’s significant retail banking opportunity. According to a statement released by the bank, it has agreed to...