Business

Facebook Inc said it would launch a satellite in partnership with France's Eutelsat Communications to bring Internet access to large parts of sub-Saharan Africa. The satellite, part of Facebook's Internet.org platform to expand internet access mainly via mobile phones, is...

Twitter Inc named co-founder and interim Chief Executive Jack Dorsey as its permanent CEO, ending months of speculation about who would take the reins at the company. Dorsey will remain head of fast-growing mobile payments company Square, which he also...

Nigeria will keep its restrictions on foreign currency for now to preserve the country's currency reserves amid plunging oil revenues, but will eventually relax them, the country's vice president said. Africa's largest oil producer has restricted imports since June to...

Oil prices fell around 1 percent on Friday, heading for a weekly decline, as weaker-than-expected U.S. economic data weighed on the energy demand outlook and Hurricane Joaquin veered away from oil installations in the U.S. East Coast. The dollar's drop...

The U.S. regulator that exposed Volkswagen's (VOWG_p.DE) rigging of emissions tests is investigating more than two dozen diesel car models made by BMW (BMWG.DE), Chrysler, General Motors (GM.N), Land Rover and Mercedes-Benz to find out whether they engaged in...

U.S. employers slammed the brakes on hiring over the last two months and wages fell in September, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year. Payrolls...

U.S. stocks fell in early trading on Thursday as a sharp decline in Apple's (AAPL.O) shares weighed on the three major indexes. Apple was down 2.1 percent at $107.9 at 10:06 a.m. ET, erasing opening gains for U.S. stocks. Global markets...

Volkswagen is looking at ways to cut costs and boost cash flow and could sell more shares if the price of clearing up a scandal over its rigging of diesel emissions tests puts its credit rating at risk. The German...

Hewlett-Packard Co said its board had approved the previously announced split of the company into two separate listed entities - computers and printers, and corporate hardware and services. Hewlett-Packard said on Thursday that it expected its split into Hewlett Packard...

SAN FRANCISCO, October 01, (THEWILL) – Chairman, UBA Plc, Tony O. Elumelu,’s passion for promoting entrepreneurship on the continent as well as providing support for the creative Arts industry received global commendation last week when he was honoured in...