Business

U.S. Tech Companies Unite Behind Apple Ahead Of Iphone Encryption Ruling

Tech industry leaders including Alphabet Inc's Google, Facebook Inc, Microsoft Corp, AT&T and more than two dozen other Internet and technology companies filed legal briefs on Thursday asking a judge to support Apple Inc in its encryption battle with...

Goldman Sachs Cutting Up To 10 Percent Of Fixed Income Trading Staff: Source

Goldman Sachs (GS.N) is cutting between five and 10 percent of staff in its fixed income and currency trading business, a source familiar with the matter said on Friday. This is part of the annual process around this time of...

Naira Gains, Holds Stable At Parallel Market

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BEVERLY HILLS, March 03, (THEWILL) – The naira appreciated in value against the dollar at the interbank foreign exchange (FX), while closing stable at the autonomous and parallel market on Thursday. The naira gained N0.31k or 0.16 percent against the...

Naira Gains N5 Against Dollar

SAN FRANCISCO, March 02, (THEWILL) – The naira gained across segments of foreign exchange (FX) market following foreign exchange inflows, according to THEWILL findings. Aminu Gwadabe, Acting President, Association of Bureau De Change Operators of Nigeria (ABCON), who disclosed this,...

Dangote Retains Spot As Africa’s Richest Man

SAN FRANCISCO, March 02, (THEWILL) – The President of the Dangote Group, Aliko Dangote, has retained his position as Africa’s richest person and was listed as the 51st richest person in the world in the Forbes 2016 World’s Billionaires...

Wall Street Little Changed As Energy Stocks Gain

Digital privacy advocates have called on a U.S. federal judge to approve Apple Inc's (AAPL.O) request not to be compelled to build software to help the FBI unlock an iPhone used by one of the shooters in the San...

Wall Street Little Changed As Energy Stocks Gain

Wall Street was little changed on Wednesday as gains in energy stocks were offset by declines in utilities and materials. Crude prices recovered from earlier losses and were up more than 1 percent. A report by payrolls processor ADP on Wednesday...

Former Google CEO Schmidt To Head New Pentagon Innovation Board

Eric Schmidt, the former chief executive officer of Google, has agreed to head a new Pentagon advisory board aimed at bringing Silicon Valley innovation and best practices to the U.S. military, Defense Secretary Ash Carter said on Wednesday. Carter is...

Deutsche Bank CEO Aims For Universal Bank With German Roots

Deutsche Bank (DBKGn.DE) is firmly focused on being a top international corporate and capital markets player with strong roots in Germany, its Chief Executive John Cryan said on Wednesday. "We are a universal bank," said Cryan, who has been criticized...

German Competition Watchdog Opens Probe Against Facebook

Facebook's privacy rules are under fresh scrutiny in Germany after the country's competition watchdog said Wednesday it suspects the social networking site of abusing its dominant market position to make users hand over too much personal information. The California-based company...