Business

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...

A Japanese shipper filed for bankruptcy on Tuesday and global trading firm Louis Dreyfus posted lower profits, the latest victims of tumbling energy and raw material prices. The London-listed shares of mining and trading giant Glencore rebounded by around 10...

The Swiss competition watchdog has launched an investigation into possible collusion in the precious metals market by several major banks, it said on Monday, the latest in a string of probes into gold, silver, platinum and palladium pricing. Global precious...

Oil prices rose on Tuesday after evidence of tightening supplies in the United States, the world's biggest oil consumer, outweighed concerns over the health of the Chinese economy. China's giant manufacturing sector is shrinking, economists say, as domestic demand falters,...

U.S. cable company Comcast Corp said on Monday it has agreed to buy a 51 percent stake in Osaka-based theme park operator USJ Co for $1.5 billion. Comcast said in a statement Goldman Sachs Group Inc, Seoul-based private equity firm...

Royal Dutch Shell has abandoned its Arctic search for oil after failing to find enough crude in a move that will appease environmental campaigners and shareholders who said its project was too expensive and risky. Shell has spent about $7...

Oil prices eased on Monday, paring some of last week's 2 percent rally, despite evidence of slowing U.S. production and a fourth weekly increase in U.S. investor holdings of crude futures. High oversupply and concern about demand growth in emerging...

Metals firm Alcoa Inc said on Monday it would split into two publicly traded entities, acknowledging that its legacy aluminum operations and higher-value and automotive businesses were diverging and no longer compatible. New York-based Alcoa's traditional smelting business has been...

BEVERLY HILLS, September 28, (THEWILL) – Africa’s foremost cement manufacturer, Dangote Cement, said on Monday that it is set to commission its new 3.0 million metric tonnes per annum cement plant located in Mtwara District of Tanzania on October...