Business

The head of Lufthansa's (LHAG.DE) main cabin crew union said strikes at the carrier are now "unavoidable", after the union reviewed the latest proposals on pensions and early retirement benefits from management. Lufthansa is negotiating with various staff groups as...

SAN FRANCISCO, November 05, (THEWILL) – Oando Energy Resources Inc., a company focused on oil and gas exploration and production in Nigeria, Wednesday announce a $91 million upsizing of its senior secured facility (the “RBL Upsize”) from $215 million...

Time Warner Inc (TWX.N) reported better-than-expected quarterly profit and revenue, boosted by higher subscription fees for HBO and an increase in licensing revenue at its Warner Bros. studio business. Time Warner's shares rose 2.2 percent in premarket trading on Wednesday. Revenues...

Wall Street was set to open higher on Wednesday after a report showed private sector job growth was stronger than expected last month, giving investors some optimism about the health of the labor market ahead of Friday's nonfarm payrolls...

SAN FRANCISCO, November 04, (THEWILL) – Nigerian Stock Exchange (NSE) has sanctioned Oando Plc for delayed filing of its audited financial statements (AFS) for the year ended Dec. 31, 2014. This is contained in a statement by the exchange on...

BEVERLY HILLS, November 03, (THEWILL) – Nigeria’s largest sugar producer, Dangote Sugar Refinery has announced a profit before tax of N14.22 billion for the nine months ended September 30, 2015, compared with N13.97 billion in corresponding period in 2014. According...

BEVERLY HILLS, November 03, (THEWILL) – The Consumer Protection Council, CPC, has issued a seven-day ultimatum to Volkswagen Nigeria to provide information on the status of its vehicles in relation to the emissions cheating software, which has reportedly affected...

BEVERLY HILLS, November 03, (THEWILL) – Inspite of the strained relationship between them, the Nigerian Communications Commission (NCC) has approved the renewal, and consequent extension of the tenure of MTN’s operating spectrum in the 900MHz and 1800MHz frequency bands....

SAN FRANCISCO, November 03, (THEWILL) – Software company, Rancard, has introduced a solution ‘Rendezvous,’ a social recommendation engine, which consists of a social graph and a recommender algorithm. The solution enables users ‘discover’ services and products they might be interested...

Activity in China's colossal factory sector shrank in October as global demand stuttered, reinforcing the case for more stimulus and questioning whether the Federal Reserve can be confident enough to raise U.S. interest rates this year. A crop of industry...