Business

Access Bank Declares N72bn Profit In Third Quarter

SAN FRANCISCO, October 28, (THEWILL) - Access Bank Plc on Friday declared a profit before tax of N72 billion for the nine months ended Sept. 30, 2016. This is contained in a statement issued by the bank’s Head, Media Relations,...

Naira Firms Against The Dollar

SAN FRANCISCO, October 28, (THEWILL) - The Naira on Friday appreciated against the dollar at the official interbank market. The Nigerian currency gained 50k to exchange at N304.50, from N305 posted on Thursday. At the Bureau De Change Segment of the...

Twitter Cuts Jobs With Eye On 2017 Profit; Vine Discontinued

Ask ZiVA 728x90 Ads
Twitter Inc said Thursday it would cut 9 percent of its global workforce to keep costs down even as quarterly results eclipsed Wall Street's beaten-down expectations, lifting shares that had fallen after a failed effort to sell the company. More...

UPS CEO Seeing Greater Commitment From Obama Administration On TPP Deal

The top executive at United Parcel Service Inc (UPS.N) said on Thursday he is seeing a greater commitment from President Barack Obama's administration on getting the Trans Pacific Partnership (TPP) deal completed despite negative election campaign rhetoric about free...

Twitter Axes Vine Video Service

Twitter has announced it is to close its video sharing service Vine about four years after it launched. Vine let people share six-second-long video clips that played on a loop. Twitter did not give a reason for the closure, but earlier...

Qualcomm To Buy NXP For $38 Billion In Biggest Chip Deal

Smartphone chipmaker Qualcomm Inc (QCOM.O) agreed to buy NXP Semiconductors NV (NXPI.O) for about $38 billion in the biggest-ever deal in the semiconductor industry, making it the leading supplier to the fast-growing automotive chips market. The acquisition will also help...

In China, Some Apple Users Opt For Iphone Makeover Rather Than Buy New

Some Chinese iPhone owners are giving their old models a makeover to look like the latest iPhone 7, rather than buying new - a trend that could dent Apple Inc's efforts to boost sales in what has been its...

Clouds Gather In Rooftop Solar’s Biggest U.S. Market

For years, the quiet, winding streets of the Scripps Ranch neighborhood have been pure gold for solar installers. Thanks to its high power prices, hot summers and large homes to cool, a greater share of Scripps Ranch residents have embraced...

Tata Sons Former Boss Says Group Could See $18 Billion In Writedowns

Group companies in the salt-to-software Tata Sons conglomerate faces potential writedowns to the tune of close to $18 billion due to investments in unprofitable businesses, according to an internal letter that ousted Chairman Cyrus Mistry sent to the company's...

Coca-Cola’s Revenue Beats On Higher Soda Prices In North America

Coca-Cola Co (KO.N) reported better-than-expected quarterly revenue, helped by higher prices for sodas and strong demand for water and sports drinks in North America. The world's largest beverage maker has relied on higher pricing, smaller pack sizes and premium packaging...