Business

Ray-Ban Maker Luxottica To Bring Google Glass To Wider Market

Google has teamed up with Ray-Ban maker Luxottica in a bid to turn its Internet-connected Glass spectacles into a widely-available, stylish consumer product. In a statement late on Monday, Luxottica, the world's biggest eyewear maker, said it had agreed to...

Judgement Day For Sanusi, Oputu, Imoukhuede, Wigwe, Others AT Financial Reporting Council

… As Council Opens Probe Into CBN, Controversial Acquisition Of Intercontinental Bank Plc By Access Bank BEVERLY HILLS, CA, March 24, (THEWILL) – The Financial Reporting Council of Nigeria has invited the suspended Governor of the Central Bank of Nigeria...

Shares On Defensive, China Stimulus Hopes Offer Some Comfort

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Shares were in a defensive mode on Tuesday on uncertainty over Ukraine and the global economy, though still-vague hopes of stimulus measures from China may be supporting investor sentiment. Short-dated U.S. Treasuries prices wobbled, taking short-term U.S. bond yields to...

U.S. Prosecutors Eye New Approach On Company Misconduct After Toyota

U.S. prosecutors are considering using the legal theory behind a $1.2 billion penalty imposed on Toyota to go after misconduct in industries ranging from auto and airplane makers to mining, a Justice Department official told Reuters. The charges of wire...

Eyeing Alibaba IPO, Bankers Kipped Lucrative Mandates

Every big bank in town wanted a piece of the Alibaba Group Holding Ltd initial public offering, set to be the biggest technology listing ever. So much so that, according to Thomson Reuters data, major banks skipped an estimated $100...

Disney To Buy YouTube Network Maker Studios For $500 Million

The Walt Disney Co has agreed to buy Maker Studios, one of YouTube's largest networks, for $500 million, a deal that makes Disney a major online video distributor and should help draw more teens into the Disney entertainment empire. The...

Preferred Bidders Approved For Nigeria’s 7 Power Plants

Nigeria has approved preferred bids for seven of its ten power plants under the National Integrated Power Plants, NIPP. The administration of President Goodluck Jonathan is pursuing a radical transformation of the nation’s poor power infrastructure by transferring power generation...

NIGERIA: $1bn Comprehensive Programme To Stop Crude Oil Theft Underway

PRESIDENT GOODLUCK JONATHAN (L) IN A HANDSHAKE WITH THE CEO OF SHELL PETROLEUM INTERNATIONAL - MR BEN VAN BEURDEN, DURING A MEETING IN AMSTERDAM NETHERLANDS BEVERLY HILLS, CA, March 23, (THEWILL) –  President Goodluck Ebele Jonathan said on Sunday at...

Apple Shares To Be Fueled By New iPhone: Barron’s

Apple Inc shares could rise by 20 percent over the next year, fueled by sales of a new version of its iPhone smartphone that is expected to have a bigger screen, according to an article in the March 24...

Stocks May Rise, If Ukraine Worry Ebbs

The prevailing trend in U.S. stocks could be higher this week if investor anxiety eases over the crisis in Ukraine and signs of weakness in the U.S. economy. Investors will watch for further signs that poor weather may have played...