Business

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...

SAN FRANCISCO, June 11, (THEWILL) – Prices of tomatoes, pepper and chilli pepper on Thursday soared by over 100 per cent in most markets in Lagos, according to a survey by the News Agency of Nigeria (NAN). The survey showed...

The European Commission opened a formal antitrust investigation into Amazon's e-book business on Thursday, opening yet another front in mounting EU scrutiny of America's global tech giants. The investigation adds to the pressure on the online retailer in Europe, where...

New York law enforcement officials have written to eBay Inc (EBAY.O) and PayPal Inc this week, saying the companies' revised user policies "raise issues" under consumer protection laws, the New York Times reported. The updated user agreements would allow the...

U.S. retail sales surged in May as households boosted purchases of automobiles and a range of other goods even as they paid a bit more for gasoline, the latest sign economic growth is finally gathering steam. While other data on...