Business

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

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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...

British Airways Flights Returning To Normal After Damaging IT Collapse

British Airways was operating most of its flights from London's two largest airports on Monday after a computer system failure stranded thousands of passengers over a holiday weekend and turned into a public relations disaster. The airline planned to run...

Altice U.S. Cable Growth A Priority As It Explores Wireless: Founder

Altice USA, the cable operator created from Netherlands-based Altice NV's (ATCA.AS) acquisitions of Cablevision Systems Corp and Suddenlink Communications, considers cable growth a priority as it explores ways to enter the wireless business, company officials said. In April, Altice USA...

Apple And Nokia See Deeper Partnership After Ending Patent Dispute

Apple has settled a patent dispute with Finnish telecom equipment maker Nokia and agreed to buy more of its network products and services, sending Nokia shares up 7 percent. The deal means Nokia will get bigger royalties from Apple for...

Microsoft To Buy Cyber Security Firm Hexadite For $100 Million: Report

Microsoft has agreed to acquire cyber security firm Hexadite for $100 million, Israeli financial news website Calcalist reported on Wednesday. Hexadite, headquartered in Boston with its research and development center in Israel, provides technology to automate responses to cyber attacks...

Uber Inadvertently Underpaid New York City Drivers For Over Two Years

Uber Technologies Inc said on Tuesday it underpaid its New York City drivers for the past two-and-a-half years, an error that could cost the ride-hailing company tens of millions of dollars. Uber generally takes a commission from its drivers...