Business

Hotel operator Hilton Worldwide Inc, backed by Blackstone Group LP, filed for an initial public offering of up to $1.25 billion. Reuters reported last month that the private equity group was preparing to bring one of the largest leveraged buyouts...

SAN FRANCISCO, September 11, (THEWILL) –  Dangote Cement Plc has embarked on practical training and demonstration of the process for production of quality blocks for block makers. This, the company said in a statement is in furtherance of its...

The higher-than-expected price of Apple Inc's new cheaper iPhone eased worries about gross margins, while arousing concerns the company was not being aggressive enough in its fight against Google Inc's market-dominating Android operating system. Apple's shares were down about 3...

Stock futures edged lower on Wednesday, as the S&P 500 appeared set to pause after six straight days of gains, after President Barack Obama pledged to explore Russia's diplomatic plan to remove chemical weapons from Syria. Obama said a Russian...

Volkswagen (VOWG_p.DE) is moving forward with plans to set up production in fast-growing Southeast Asian markets as the German carmaker expands its overseas footprint to boost its global ambitions. "We will certainly become an active player in the region in...

Struggling smartphone maker BlackBerry Ltd cut several dozen jobs from its U.S. sales team on Monday, the Wall Street Journal reported, citing people familiar with the matter. The layoffs are part of rolling job cuts that have been ongoing for...

UBA GROUP MANAGING DIRECTOR/CEO, MR. PHILLIPS ODUOZA   SAN FRANCISCO, September 09, (THEWILL) –  The capacity for businesses in the agricultural sector in Nigeria to engineer economic growth and sustainable development, generate employment and reduce poverty is the major reason for...

U.S. stock index futures advanced on Monday in the wake of upbeat economic data from China, though concerns remained about the possibility of a Western strike against Syria. China, the world's second-biggest economy, reported its exports had grown by 7.2...

Japan's Suntory Beverage & Food Ltd is to buy GlaxoSmithKline Plc's Lucozade and Ribena brands for 1.35 billion pounds ($2.11 billion) to help it expand into new markets. The acquisition, announced by the companies on Monday, had been widely anticipated...

Vodafone urged Kabel Deutschland shareholders to accept its 7.7 billion euro ($10.1 billion) offer, warning the bid would lapse if less than three quarters of them agree to sell Germany's largest cable operator by Wednesday. Earlier on Monday the Financial...