Business

A dizzying fall in copper to a near four-year low compounded increasing concern in China over its economic slowdown on Wednesday to send a wave of unease sweeping through world markets. World shares fell for fourth day, but it was...

Indian budget airline SpiceJet Ltd (SPJT.BO) has signed a deal with Boeing Co (BA.N) to buy 42 737 MAX jets in a deal worth $4.4 billion at list prices, the company said on Wednesday, sending its shares up more...

....Says No Plan to Increase Fuel Prices BEVERLY HILLS, March 11, (THEWILL) – The Federal Government said on Tuesday that it has not totally ruled out the plan to privatise the nation’s four refineries. Minister of Petroleum Resources, Diezani Allison Madueke...

BEVERLY HILLS, March 11, (THEWILL) – All is set for the inaugural summit of the Africa Finance Corporation (AFC) scheduled to address the scale of Africa's infrastructure requirements and investment deficit. The World Bank estimates Africa's infrastructure deficit at US$38...

IBM WORKERS PROTEST AT AN IBM FACTORY IN SHENZHEN, GUANGDONG PROVINCE, MARCH 7, 2014. Chinese PC maker Lenovo Group Ltd said it was up to IBM to resolve a wildcat strike at a China-based factory, as a deal to buy...

Several U.S. institutional investors said they are closely monitoring the developments at Pimco, the world's largest bond firm, in the wake of Mohamed El-Erian's abrupt resignation as CEO and ensuing acrimony between him and co-founder Bill Gross. The investors, including...

Volkswagen (VOWG_p.DE) is close to deciding on whether to produce a new sport-utility vehicle (SUV) for its mass-market brands Skoda and Seat at a plant in the Czech Republic or Spain, a Skoda union leader said on Tuesday. Czech newspaper...

Hyundai Motor Co plans to start selling its first battery-powered electric vehicle (EV) in 2016 as South Korea's champion of fuel-cell cars hedges its bets in next-generation green technology. Hyundai has leant toward engines which turn hydrogen into electricity in...

SAN FRANCISCO, March 10, (THEWILL) – As the debate rages over the quality of cement produced in the country, leading manufacturers of the commodity, Dangote Cement Plc Monday raised the bar further when it launched a much higher grade...

U.S. stocks opened slightly lower on Monday, on the heels of a record high for the S&P 500, following unexpectedly weak data from China that tempered enthusiasm over the strength of the global economy. The Dow Jones industrial average .DJI...