Business

Hyundai Motor Co unveiled two new sedans built for its home South Korean market on Thursday, an unusual step designed to fend off surging imports from the likes of BMW and Audi. The move on the eve of the Busan...

The Federal Government on Tuesday said it is planning to construct the longest pipeline in the country from Calabar via Ajaokuta to Kano State. This is as it said that gas flaring has dropped to 11 percent. Gas flaring level...

Apple Inc (AAPL.O) will buy Beats for about $3 billion and bring recording mogul Jimmy Iovine into its ranks, hoping to win points with the music industry and help it catch up in fast-growing music streaming. As expected, Beats co-founders...

… Recommends Quick Passage Of PIB SAN FRANCISCO, May 28, (THEWILL) – The Senate Committee on Finance which investigated the NNPC over allegations of fraud leveled against it by the suspended Governor of the Central Bank, Mallam Lamido Sanusi, Wednesday...

Swiss food group Nestle stepped up its drive into the fast-growing skincare market on Wednesday, buying the rights to several treatments for facial lines and wrinkles from Valeant Pharmaceuticals International for $1.4 billion in cash. The world's biggest food group,...

Britain's fraud office has launched a formal criminal investigation into GlaxoSmithKline, posing a new challenge to the drugmaker, which already faces claims of bribery in China and four other countries. The Serious Fraud Office (SFO) said late on Tuesday that...

U.S. stock index futures edged up on Wednesday, with technicals in focus and scant key items on the U.S. economic calendar, following yet another record close on the benchmark S&P 500 index. Investors' appetite for equities continued on the back...

Canadian drugmaker Valeant Pharmaceuticals International Inc (VRX.TO) (VRX.N) raised the cash component of its offer for Botox-maker Allergan Inc (AGN.N), valuing the U.S. firm at $49.44 billion. Valeant on Wednesday offered to pay $58.30 per Allergan share in cash, about...

Hong Kong-based Hutchison Whampoa gained European Union regulatory approval on Wednesday for its $1 billion bid for Telefonica's Irish business in a case that could set the tone for Telefonica's bigger German deal. Approval of the Hutchison takeover and Telefonica's...

SAN FRANCISCO, May 27, (THEWILL) – The Presidency Tuesday said reports in the national and foreign media that the Federal Government is currently in the process of recruiting an international public relations firm to “counter mounting criticism both inside...