Business

$16bn Gas City Project Ready For Ground Breaking – Uduaghan

L-R GOVERNOR EMMANUEL UDUAGHAN OF DELTA STATE, PROJECT MANAGER, JULIUS BERGER ENGR. THOMAS GROSSOR AND ENGR. TALALA AKYA, WHEN THE GOVERNOR VISITED THE ONGOING GAS EXPORT PROCESSING ZONE PROJECT IN UGBORODO COMMUNITY IN WARRI SOUTH LOCAL GOVERNMENT AREA OF...

Alibaba’s Growth Accelerates, U.S. IPO Filing Expected Next Week

Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering. Alibaba is expected...

Bonds Shine Again As Great Rotation Gives Way To Asset Reflation

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Last Thursday morning investors queued around the block to buy the bonds of recent defaulter Greece, and by the end of the day were selling U.S. tech stocks furiously. In an investment world so used to the concept of 'risk...

Euro Zone Inflation Stuck In ‘Danger Zone’, Keeps Pressure On ECB

A shock drop in March euro zone inflation to its lowest level since November 2009 was confirmed on Wednesday, keeping pressure on the European Central Bank to intervene should prices not rebound. The year-on-year inflation rate in the 18 countries...

$16bn EPZ Project: Tension Mounts As Jonathan’s Kinsmen Kick Against Flag-off

BEVERLY HILLS, CA, April 15, (THEWILL) – Fresh controversy is brewing in Ugborodo, Warri South West Local Government Area of Delta State, as some communities along the Escravos EPZ land areas are allegedly kicking against what they described as...

GE CEO Immelt May Step Down Before His 20-year Tenure Ends: WSJ

General Electric Co's (GE.N) Chief Executive Jeff Immelt may step down sooner than his expected 20-year tenure, the Wall Street Journal reported, citing people familiar with the company's thinking. Immelt, who has been at the helm of the industrial conglomerate...

Zebra Tech To Buy Motorola Solutions’ Unit For $3.5 Billion: FT

Barcode printer maker Zebra Technologies has agreed to buy Motorola Solutions Inc's enterprise business for $3.5 billion in cash, the Financial Times reported, citing people familiar with the discussions. The deal was agreed in the past few days and could...

Apple Antitrust Compliance Off To A Promising Start: Monitor

Apple Inc has made a "promising start" to enhancing its antitrust compliance program after being found liable last year for conspiring to raise e-book prices, but more work is required, a court-appointed monitor said Monday. The assessment came in the...

Google To Buy Drone-Maker Titan Aerospace

Google Inc has acquired solar-powered drone maker Titan Aerospace as the Web search giant ramps up plans to deliver wireless Internet access to remote parts of the world. Titan Chief Executive Vern Raburn declined to provide information on the price...

Gucci Takes Direct Control Of Moscow Shops

Italian fashion and leather brand Gucci will take direct control of its shops in Moscow and open two new points of sale in the Russian capital, the company said on Monday. The label founded in Florence in 1921 has six...