Business

BEVERLY HILLS, October 23, (THEWILL) –Nigerian National Petroleum Corporation (NNPC) has began the public opening of technical bids submitted by 91 companies to secure contract for the provision of Coastal and Bunkering Vessel Services. A statement by NNPC’s Group General...

BEVERLY HILLS, October 23, (THEWILL) – Dangote Petrochemicals and Fertiliser Plant, Thursday, assured Nigerians that its 650,000 barrels Per Day (bpd) capacity petroleum refinery would come on stream by 2018. Senior General Manager, Civil and Structural, Dangote Petrochemicals Ltd, a...

General Motors Co (GM.N) reported record quarterly earnings before charges for the third quarter, as strong demand for trucks in North America and improved profit margins in China overcame declining revenues. GM shares rose about 4.5 percent to $35 in...

Coca-Cola Co (KO.N) reported a bigger-than-expected drop in quarterly sales due to a strong dollar and the company said it expected the currency to hurt its full-year revenue more than previously anticipated. The cola maker, which gets more than half...

Hard-disk drive maker Western Digital Corp (WDC.O) said it would buy SanDisk Corp (SNDK.O) for about $19 billion, giving it better access to flash memory storage chips used in smartphones and mobile devices. SanDisk's shares rose to $78.76 in premarket...

Credit Suisse (CSGN.VX) has set out plans to raise 6 billion Swiss francs ($6.3 billion) from investors, slim down its investment bank and cut jobs as new chief Tidjane Thiam detailed the biggest overhaul in almost a decade at...

Sony Pictures Entertainment Inc has agreed pay up to nearly $8 million to resolve a lawsuit by employees who claimed their personal data was stolen in a 2014 hacking tied to the studio's release of a comedy set in...

Wall Street bank Morgan Stanley (MS.N) reported a quarterly profit that fell far short of market expectations, capping a generally downbeat quarter for big U.S. banks after investors fled the bond, currency and commodity markets. Morgan Stanley's profit slumped for...

Talk-show host and media magnate Oprah Winfrey is buying a 10 percent stake in Weight Watchers International Inc (WTW.N) in a vote of confidence for a company that is helping her and millions of others lose weight. Shares of Weight...

U.S. stocks opened lower on Monday after a swathe of weak results led by Morgan Stanley and Halliburton. Morgan Stanley's shares (MS.N) fell 6.2 percent to $31.83 after the bank's profit fell for the second straight quarter. The stock was...