BRUSSELS – EU Commissioner for Development, Andris Piebalgs, has announced that the European Commission stands ready to give new support in the range of €25 million...
SAN JOSE – Samsung sought to defeat Apple’s bid for a permanent sales ban against some Samsung smartphones, arguing in court on Thursday that Apple’s request...
MOGADISHU – The Special Representative of the UN Secretary-General for Somalia, Nicholas Kay, today expressed his concern over escalation of tensions in Baidoa surrounding a federal...
WASHINGTON – U.S. stocks slumped, looking to cap their steepest monthly decline since May 2012, after emerging markets were hit by a fresh bout of nerves...
SAN FRANCISCO – Twitter Inc has bought 900 patents and signed a cross-licensing agreement with IBM, making peace with Big Blue and bulking up on its...
ABUJA – The federal government warned yesterday that the country might be unable to achieve the 15 million tonnes per annum capacity of local steel production...
LAGOS – The Nigerian Ports Authority (NPA) on Friday said that 11 vessels carrying petroleum products had arrived in Lagos ports. NPA said that the vessels...
NEW YORK – Chevron Corp, the second-largest U.S. oil company, posted a fourth-quarter profit on Friday that just met Wall Street’s expectations, as refining margins and...
LAGOS – The Nigerian Navy has intercepted a Greek-owned merchant tanker, MT KERALA, purportedly hijacked off the coast of Luanda after `spirited four-day’ search in the...
LONDON – The euro fell and the bloc’s government bonds rallied on Friday as weaker-than-expected inflation data increased pressure on the European Central Bank to either...
