SAN FRANCISCO – EBay Inc is preparing to bring a major portion of its foreign earnings back into the United States, hoping to bankroll acquisitions and...
LAGOS – The management of Eko Electricity Distribution Company (EKEDC) on Tuesday said that about 150 million dollars (N42.3 billion), has been proposed as new investments...
SAN FRANCISCO – Microsoft Corp will begin selling its Xbox One video game console in China in September through its partnership with Chinese Internet TV company...
WASHINGTON – The dollar lost ground against most major currencies Wednesday after data showed the U.S. economy barely expanded in the first quarter of this year...
NEW YORK – Gold prices pared losses Wednesday, after data showed the U.S. economy grew less than expected in the first quarter. Gold for June delivery,...
WASHINGTON – Hewlett-Packard Co and Taiwanese contract electronics manufacturer Foxconn Technology Group launched a joint venture to make servers aimed at companies which provide cloud computing...
BANGKOK – In one of the most significant signs yet that Thailand’s political turmoil is taking a toll on its all-important auto industry, Japan’s Honda Motor...
NEW YORK – Oil futures slid Wednesday ahead of weekly government data expected to show that crude-oil supplies hit a new record high last week. Light,...
ABUJA – Nigeria’s Minister of Communication Technology, Omobola Johnson announced that the federal government is seeking a $25Bn foreign direct investment into the country’s Information and...
NEW YORK – Nuclear power producer Exelon Corp, said it would buy Pepco Holdings Inc for $6.83 billion to create the biggest electric and gas utility in...