Business

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...

BEVERLY HILLS, July 3, (THEWILL) - Nigeria's foremost rating agency, Agusto & Co, has raised the rating of Access Bank Plc from “A+” to “Aa-”, with a stable outlook. The upgrade is a reflection of the bank’s strong financial profile, resilient...

BEVERLY HILLS, July 3, (THEWILL) - The African Export Import, AFREXIM, Bank has signed a $1billion memorandum of understanding, MoU, with the Dangote Group of Companies as part of its bid to expand businesses in Africa through disbursement of N9...

Data-sharing business Dropbox Inc is seeking to hire underwriters for an initial public offering that could come later this year, which would make it the biggest U.S. technology company to go public since Snap Inc (SNAP.N), people familiar with...

The world's leading drug companies are turning to artificial intelligence to improve the hit-and-miss business of finding new medicines, with GlaxoSmithKline unveiling a new $43 million deal in the field on Sunday. Other pharmaceutical giants including Merck & Co, Johnson...

The U.S government warned industrial firms this week about a hacking campaign targeting the nuclear and energy sectors, the latest event to highlight the power industry's vulnerability to cyber attacks. Since at least May, hackers used tainted "phishing" emails to...