Business

Samsung Electronics Co Ltd (005930.KS) is losing smartphone ground not only to cheaper Chinese rivals but also at the high end to Apple Inc (AAPL.O), a survey showed, in an ominous sign for the South Korean giant as Apple...

Inc cannot seem to part ways with Alibaba. And with Yahoo's business continuing to deteriorate, some Wall Street analysts say it is hard to blame the company. Yahoo said on Tuesday that it would keep a bigger-than-expected chunk of its...

International Business Machines Corp will partner exclusively with Apple Inc to sell iPhones and iPads loaded with applications geared at enterprise clients this fall, the company announced on Tuesday. The announcement, just two days before IBM releases its second quarter...

SAN FRANCISCO, July 15, (THEWILL) – The Senate on Tuesday passed the N271 billion budget proposal for the Federal Capital Territory (FCT) for the 2014 fiscal year. It however called for a faster development of the territory by the Federal Capital...

Despite its moribund state, Nigeria Telecommunication Ltd (NITEL) and its mobile arm, Mtel, are still attractive to investors as 17 bidders are now prospecting for their core assets in the ongoing guided liquidation exercise of the national telecom carrier. The...

Google Inc's Nest Labs on Tuesday unveiled an industry group to encourage makers of smart home gadgets like locks and light bulbs to use Thread, a new standard for devices to communicate on a network. The attempt by Nest, a...

Beijing stepped up efforts to re-energise China's economy in June and avert a sharper slowdown, pumping more money into the system and pressing banks to extend more loans, but analysts say more stimulus will be needed to ensure a...

…As Parley With Striking Doctors Ends In Stalemate SAN FRANCISCO, July 14, (THEWILL) – Following the insistence of striking medical workers not to call of their ongoing strike after a meeting with the House of Representatives Committee on Health, the Minister...

Samsung Electronics Co Ltd said it halted business with a supplier in China over suspected use of child workers, the first time it has taken such a step, after criticism that its monitoring of labor practices at suppliers was...

Prosecutors in China have filed charges against British investigator Peter Humphrey and his American wife, the official Xinhua news agency said on Monday, after the couple were detained last year following work they did for British drugmaker GlaxoSmithKline Plc. The...