Business

Brazil´s federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering, Brazilian media reported on Friday. If the police probe leads to criminal charges against Batista, it...

A U.S. bankruptcy judge largely declined on Friday to rule that former American Airlines parent company AMR Corp had a unilateral right to terminate benefits for nearly 47,000 retirees. U.S. Bankruptcy Judge Sean Lane in New York rejected a motion...

10 Nigerian universities are to get 70 million dollar financial support, from the International Development Association funding. This is part of money approved by the board of directors of the World Bank to build and nurture specialized world-class higher education...

SAN FRANCISCO, April 18, (THEWILL) – The bid by The Nation Newspapers and an Akure based activist, Morakinyo Ogele, to overturn the judgement of an Ado Ekiti High Court which awarded N750 million against them in favour of a...

Four large technology companies should not be allowed to limit evidence about Apple Inc co-founder Steve Jobs at an upcoming trial over no-hire agreements in Silicon Valley, according to a court document filed late on Thursday by employees suing...

Ford Motor Co (F.N) and IBM Corp (IBM.N) will again have to face a U.S. lawsuit claiming they encouraged race-based human rights abuses in apartheid-era South Africa, despite a series of recent court decisions limiting the right to pursue...

Your phone always knows where you are. And now, if you want, your Facebook friends will always know where you are, too. Facebook is introducing a mobile feature called Nearby Friends that taps into that steady stream of location information...

Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks. The two companies,...

PepsiCo Inc (PEP.N) on Thursday reported a higher quarterly profit, lifted by sales gains in its snacks business. The maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, said net income was $1.22 billion, or 79 cents per share, in the...

Drugmaker GlaxoSmithKline (GSK.L) - hit by bribery claims in five countries - is to employ hundreds more doctors as members of staff as it seeks to build a new sales model designed to eliminate sharp marketing practices. Following a decision...