Business

Consumers Withdraw U.S. Lawsuit Against Google Over Android App Limits

Plaintiffs in an antitrust lawsuit against Google Inc (GOOGL.O) on Friday withdrew their case accusing the search engine company of harming smartphone buyers by forcing handset makers using Android operating system to make Google's own applications the default option. The...

U.S. Treasuries Rally, Equity Futures Drop After Jobs Data

U.S. Treasuries prices rallied, the U.S. dollar fell and stock index futures fell on Friday after weaker-than-expected March U.S. jobs data. U.S. Labor Department data showed employers added just 126,000 jobs in March, the smallest monthly increase in more than...

Exclusive: IBM Hire Advisers To Deal With Restless Investors – Sources

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Some top shareholders of IBM, disappointed by 11 straight quarters of falling revenues, are seeking help from activist investors to shake up the company, but have been turned down by both Bill Ackman's Pershing Square and Jeffrey Ubben's ValueAct,...

Greece Says Ready To Make IMF Payment On April 9

Greece will pay a loan tranche due on April 9 to the International Monetary Fund on time, its deputy finance minister said on Friday, seeking to quell fears of default after a flurry of contradictory statements on the issue...

Doubts Over U.S. Growth Cool Dollar Rally

The dollar lost ground on Thursday, the last trading day of the week for many markets ahead of Easter, after disappointing U.S. economic data on Wednesday raised doubts over the growth outlook ahead of key jobs data due out...

Futures Fall As Investors Await Data

U.S. stock index futures were lower on Thursday, as investors held off on making big bets ahead of a critical payrolls report that will be released on Friday, a market holiday. Trading could be volatile as market participants will be...

Wal-Mart Support Of Gay Rights Turns On Business

The chief executive of Wal-Mart Stores has emerged as an unlikely voice for gay rights after the Arkansas state governor heeded his call on Wednesday to reject a much-criticized bill. But the decision by Doug McMillon to speak out against...

EU Regulators Probe Apple’s Music Streaming Plans In Europe: FT

The European Commission is scrutinizing Apple Inc's dealings with record labels and digital music companies to find if they are trying to unfairly limit free, ad-supported rivals, the Financial Times reported citing people familiar with the matter. The commission has...

Dangote, Saipem Announce Joint Venture In Central And West Africa

SAN FRANCISCO, April 01, (THEWILL)  – Africa’s leading indigenous conglomerate, Dangote Industries Limited, has announced a multi-million dollar Joint Venture Agreement with Saipem, the Italian engineering and construction giants. The agreement has given birth to a new company named Saipem-Dangote...

Dangote Cement Opens New Plant In Senegal

...As Nigeria Ambassador to Senegal Salutes Aliko Dangote’s Business Acumen SAN FRANCISCO, April 01, (THEWILL)  –  Leading cement manufacturers, the Dangote Cement Plc., has rolled out products from its $300 million Cement Plant in Senegal amid excitement by the country's...