Business

Apple, Google Vie To Offer Exclusive Game Apps: WSJ

Apple Inc and Google Inc are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, the Wall Street Journal reported, citing people familiar with the matter. Both the companies are...

Pfizer Considers $100 Billion Bid For AstraZeneca: Report

U.S. pharmaceutical giant Pfizer (PFE.N) has approached British rival AstraZeneca (AZN.L) to propose a 60 billion pound ($101 billion) takeover, Britain's Sunday Times reported. The paper cited senior investment bankers and industry sources saying that informal conversations about a deal...

No Rift Between Petroleum Minister, GMD, Says NNPC

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...As Diezani Declares Operation Zero Fuel Queue BEVERLY HILLS, CA, April 20, (THEWILL) – The Nigerian National Petroleum Corporation, NNPC, said on Sunday that there is no rift between the Petroleum Resources Minister and Chairman of NNPC Board, Mrs. Diezani...

BMW In Final Stages Of Decision On Potential New Factory

Germany's BMW (BMWG.DE) is getting closer to deciding whether it will build a new factory, its board member Ian Robertson said on Sunday, as the luxury carmaker expands capacity to meet demand in key markets. "We are in the final...

Hyundai Motor Unveils Small SUV Concept For China, To Launch This Year

South Korea's Hyundai Motor (005380.KS) on Sunday unveiled its small sport utility vehicle (SUV) concept targeted at the Chinese market, planning to join a flurry of rivals in tapping the growing segment in the world's biggest market. Hyundai said it...

Toyota To Launch China-Made Corolla, Levin Hybrids In 2015

Toyota Motor Corp (7203.T) plans to make and sell hybrid versions of its Corolla and Levin sedans in China next year, fitting them with locally-made components, in its first bid to entirely manufacture gas-electric hybrids outside Japan. The backdrop to...

Brazilian Tycoon Batista Investigated For Financial Crimes: Reports

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...

AMR Loses Bid To Terminate Retiree Benefits

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...

World Bank Approves $150m For Nigerian Universities

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...

The Nation, Activist Lose Bid To Quash N750m Libel Judgement

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...