Business

Nestle says it will destroy more than $50m (£32m) worth of its hugely popular Maggi noodles, following a ban imposed by India's food safety regulator. India's food safety regulator says tests have found the instant noodles "unsafe and hazardous" and...

Prime Minister Alexis Tsipras told opposition leaders on Tuesday that disagreements among international lenders were to blame for an impasse in negotiations, sticking to a hard line that has brought Greece to the brink of default. Financial markets, long undisturbed...

U.S. stock index futures were lower on Tuesday as investors were cautious ahead of a two-day Federal Reserve meeting and as the Greek debt crisis showed no signs of abating. * The central bank is unlikely to raise rates at...

BEVERLY HILLS, June 15 (THEWILL) – The Nigerian government should start selling off its stakes in oil joint ventures with foreign partners to ease the funding issues and leakage of cash due to corruption and waste which have impeded...

Airbus (AIR.PA) and Boeing (BA.N) opened the Paris air show with a flurry of multi-billion-dollar plane deals on Monday as demand from Middle Eastern and Asian airlines swelled their already bulging order books. Airbus signed up Saudi Arabian Airlines to...

Three foreign funds on Monday said they would oppose Toyota Motor Corp's (7203.T) proposal to issue a new class of shares, joining an influential California pension fund in objecting to a sale that critics say favors Japanese retail investors. Toyota...

Some things can't be summed up in 140 characters. Twitter Inc's announcement that Dick Costolo would exit as CEO on July 1 was long on plaudits but offered few clues on how the company will tackle its biggest problem: user...

French engineering group Alstom (ALSO.PA) said on Friday it will continue to provide evidence on the positive impact for Europe of the planned sale of its power business to General Electric Co.(GE.N). Alstom was reacting after two people familiar with...

Twitter Inc Chief Executive Officer Dick Costolo abruptly announced he was stepping down on Thursday amid increasing scrutiny of the company's slow user growth and inability to attract advertisers at the same rate as its competitors. Costolo will be replaced...

BEVERLY HILLS, June 11, (THEWILL) – The Central Bank on Nigeria (CBN) has given local banks till August 1, 2015, to publish names of serial debtors. Mrs. Tokunbo Martins, CBN’s Director of Banking Supervision, made the development public Thursday during...