Business

Emirates airline sees an opportunity to increase direct flights from Europe to cities other than its Dubai hub, but its chief executive said he is concerned about harming struggling European carriers. Emirates also is actively considering a large purchase...

SAN FRANCISCO, June 10, (THEWILL) – The Nigerian National Petroleum Corporation (NNPC) has failed to remit $11.6bn in dividends, loan and interest repayments earned through exports from the Bonny LNG plant, an audit conducted by the Nigerian Extractive Industry...

Overseas markets bring in more advertising revenue than the United States for Facebook Inc, amounting to 51 percent of global ad sales in the first quarter, with growth in Asia the fastest in the world at 57 percent, company...

The attorneys general of New York and Connecticut are investigating Apple Inc's negotiations with music companies to look for signs of potential antitrust violations. The attorneys general want to know whether music labels colluded or were pressured into favoring Apple's...

Target Corp (TGT.N) said it would double its share buyback program to $10 billion and boost its quarterly dividend by 7.7 percent, confirming the contents of a statement it published inadvertently and took off its website earlier on Tuesday. The...

BEVERLY HILLS, June 09, (THEWILL) – Customers of commercial banks in Nigeria have called for an end to excessive charges levied on them by commercial banks. A cross section of the customers, who spoke to the News Agency of Nigeria...

Dutch pension fund manager PGGM said on Tuesday Hewlett-Packard had agreed to pay $100 million to settle a class-auction lawsuit relating to the company's 2011 acquisition of Autonomy, a "big data" analysis company. PGGM alleged that HP made "false and...

SAN FRANCISCO, June 08, (THEWILL) – The naira on Monday strengthened further as it sold at N216 against the dollar at the Bureau de Change (BDCs). The currency gained N2 from N218 that it traded at the segment on Friday. The...

SAN FRANCISCO, June 08, (THEWILL) – Ecobank has appointed Ade Ayeyemi as its new Group Chief Executive Officer. His appointment is effective from 1 September 2015, the bank said in a Monday statement. The statement said, “Mr Ayeyemi, 52, will...

German Chancellor Angela Merkel urged Group of Seven (G7) leaders to commit to tough goals to cut greenhouse gases on the final day of their summit in Bavaria on Monday, at which they also discussed the threat from Islamic...