Business

Asia Takes Comfort In U.S. Economic Resilience, Euro Struggles

Asian stocks edged higher on Thursday as fresh signs of resilience in the U.S. economy offset some of the gloom over a weakening global outlook, while the euro wallowed near two-year lows before a much-anticipated European Central Bank meeting. Tokyo's...

Microsoft Ex-CEO Ballmer, Activist Jesse Jackson Pep Up Snnual Meet

Former Microsoft Corp (MSFT.O) Chief Executive Steve Ballmer and civil rights activist Jesse Jackson livened up the technology company's annual shareholder meeting on Wednesday, grabbing the spotlight from the current leaders on stage. Ballmer, who retired as CEO in February...

Cheaper Beans Set To Dominate As Asians Thirst For Instant Coffee

Ask ZiVA 728x90 Ads
Mumbai civil servant Sachin Kenjale regularly ends his day with a steaming cup of instant coffee after trying the drink for the first time with friends around two years ago. Typical of the growing thirst for quick and cheap coffee...

FBI Warns Firms Of Destructive Malware Use By Hackers

The US Federal Bureau of Investigation (FBI) has warned that cyber-hackers have used malicious software to launch destructive attacks in the US. A five-page confidential warning was issued to US businesses on Monday, according to Reuters news agency. The software would...

Stock Futures Point To Higher Open, Crude Oil Falls Again

U.S. stock index futures pointed to a higher open on Tuesday as a pair of big M&A deals boosted market optimism and pointed to a rebound from the broad decline in the previous session, which was the S&P 500's...

Jaguar Land Rover Agrees UK Pay Deal With Union

British luxury carmaker Jaguar Land Rover said on Tuesday it has reached a deal over pay and pensions with union representatives after revising its offer, which will now be recommended to staff to settle a dispute that had threatened...

Apple Heads To Trial Over Digital Music Claims

Apple Inc (AAPL.O) will defend against allegations that it abused a monopoly position in the digital music player market as it heads to trial in a case that could cost the company about $1 billion if it loses. Opening statements...

Tony Elumelu Foundation Launches $100m Job Creation Initiative

At 11:00am Monday, during a major press conference at Heirs Place, Mr. Tony Elumelu announced the launch of The Tony Elumelu Foundation Entrepreneurship Programme (TEEP). TEEP is the flagship entrepreneurship programme of the Tony Elumelu Foundation, with the aim to...

Nigeria’s Naira Falls To Record Low Of 183.05 Against The Dollar

Nigeria's naira touched a new record low of 183.05 against the dollar on Monday, driven by concerns over a sustained low oil price and expectations foreign investors would demand more dollars to pull out of local assets, dealers said. The...

Rouble Falls As Oil Price Hits Five-Year Low

Oil prices fell to a five-year low on Monday, sending the rouble tumbling, while fears over slowing manufacturing activity in Europe and China undermined global confidence. The Russian currency slid more than 6% against the dollar to a new record...