Business

SAN FRANCISCO, January 04, (THEWILL) – The Naira traded stable against the dollar at the autonomous market in its first trading activity of the Nigerian foreign exchange (FX) market this year on Monday. Although, it depreciated slightly in value at...

South Korean automaker Hyundai Motor and its affiliate Kia Motors missed their global sales targets in 2015 for the first time since the financial crisis. The carmakers, which together are the world's fifth largest automakers by sales, sold 8.01 million...

Oil prices rose on Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although gains were tempered by data showing some of Asia's largest economies are struggling. Saudi Arabia,...

U.S. stock index futures were sharply lower after weak Chinese economic data reignited fears of a global slowdown, sparking a selloff in stock markets on the first trading day of 2016. * Manufacturing surveys showed China's factory activity contracted at...

SAN FRANCISCO, January 01, (THEWILL) – At the last trading day for 2015 (Thursday), the naira slightly appreciated in value against the dollar by N1 or 0.38 percent at the Bureau De Change (BDC) segment of the foreign exchange...

SAN FRANCISCO, December 31, (THEWILL) – Budding entrepreneurs across Africa can now apply to join the second annual Tony Elumelu Entrepreneurship Programme (TEEP) for start-up businesses based in Africa as the TEEP application portal opens for entries on Friday,...

Microsoft Corp experts concluded several years ago that Chinese authorities had hacked into more than a thousand Hotmail email accounts, targeting international leaders of China’s Tibetan and Uighur minorities in particular – but it decided not to tell the...

India has become a battleground over the right to unrestricted Internet access, with local tech start-ups joining the front line against Facebook Inc founder Mark Zuckerberg and his plan to roll out free Internet to the country's masses. The Indian...

U.S. stocks opened lower on Thursday as crude oil fell further to end the year in steep losses. The Dow Jones industrial average .DJI fell 63.89 points, or 0.36 percent, to 17,539.98, the S&P 500 .SPX lost 7.37 points, or...

Champagne sales are set for a record year, driven by solid demand from export markets, favorable currencies and stabilizing sales in France, the fizzy drink's home market. Industry estimates gathered by Reuters showed that about 312 million bottles of the...