Business

Exclusive: Google Sets Roadblocks To Stop Distracted Driver Legislation

Google is lobbying officials in at least three U.S. states to stop proposed restrictions on driving with headsets such as Google Glass, marking some of the first clashes over the nascent wearable technology. Some eight U.S. states are considering regulation...

India To Block U.S. Trade Probes, Ready For Fight At WTO

INDIAN PRIME MINISTER MANMOHAN SINGH (L) SPEAKS AS U.S. PRESIDENT BARACK OBAMA LOOKS ON, DURING THEIR MEETING IN THE OVAL OFFICE OF THE WHITE HOUSE IN WASHINGTON India has decided to block investigations by the United States into its trade...

China’s $12 Trillion Corporate Debt Pushes Up Refunding Costs, Drives Mergers

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China's corporate debt has hit record levels and is likely to accelerate a wave of domestic restructuring and trigger more defaults, as credit repayment problems rise. Chinese non-financial companies held total outstanding bank borrowing and bond debt of about $12...

Bank Of England’s McCafferty Would Fear Further Sterling Rise

Further sterling strength would be a worry and could potentially make the Bank of England delay raising interest rates, BoE policymaker Ian McCafferty said in some of the central bank's most forceful recent comments on the pound's rise. Boosted by...

UBA Partners Parolz.com On Payment Card Loyalty Scheme

BEVERLY HILLS, February 24, (THEWILL) - United Bank for Africa (UBA) Plc has entered into a partnership deal with Parolz.com, an online platform which offers exclusive discounts and benefits from top outlets in Nigeria. The offers range from Dinning...

Europe Stocks, Euro Gain After German Morale Jump

European shares and the euro got a boost on Monday after German business morale unexpectedly rose in February, lifting investors out of a funk caused by a fall in Chinese home prices. In Ukraine, where Moscow-backed Viktor Yanukovich was ousted...

Euro Zone Inflation Shows Biggest Monthly Fall In January

Euro zone consumer prices fell in January at their fastest ever pace on a monthly basis, dragged down by a slump in the cost of non-energy industrial goods, keeping annual inflation well below the European Central Bank's target. Inflation rate...

Nokia Succumbs To Android Appeal In Low-Cost Phone Battle

Nokia, soon to be acquired by Microsoft Corp, is turning to software created by arch-rival Google for a new line of phones it hopes will make it a late contender in the dynamic low-cost smartphone market. Its first models, Nokia...

Honda Names First Foreigner, Female To Top Management

Honda Motor Co (7267.T) named the first foreigner and first female to its all-Japanese, all-male roster of board members and operating officers on Monday, helping it catch up with rival Japanese carmakers in diversifying its executive ranks. Japan's third-biggest car...

G20 Meeting Targets An Additional 2% Economic Growth

Financial leaders from the 20 biggest economies have set a goal of generating $2 trillion (£1.2 trillion) in extra output over the next five years. During that period they aim to boost the gross domestic product of G20 countries by...