Alibaba Group Holding Ltd.’s finance affiliate is seeking at least 10 billion yuan ($1.5 billion) in a second round of fundraising ahead of a planned initial...
More than two billion people globally will use mobile devices to connect to the Internet in 2016, with countries like India, China and Indonesia leading the...
Nigeria has opened talks with China for the financing and construction of two new communication satellites at a cost of $701m. The new satellites, to be...
Apple on Wednesday agreed to pay Italy €318m fine to settle a long-running investigation into the US technology company’s tax arrangements in the country. According to...
NIGERIANS may have inadequate power supply for a long time as Sam Amadi, the out-going Chairman, Nigerian Electricity Regulatory Commission, NERC, said that 6,000 megawatts of...
Nigeria’s automobile sector may contribute at least 4.5 per cent of 2016 global automobile sales as a result of the country’s increased investment in the automobile...
Toshiba Corp. forecast a record 550 billion yen ($4.5 billion) loss and will cut more jobs and restructure businesses that include chips, televisions, personal computers and...
Google Inc. plans to make its self-driving cars unit, which will offer rides for hire, a stand-alone business under the Alphabet Inc. corporate umbrella next year,...
Airline earnings are set to advance 10 percent to a record $36.3 billion in 2016, aided by cheap fuel and an expanding U.S. economy, the International...
Mark Zuckerberg and his wife pledged to give away virtually all of their $46 billion in Facebook Inc. shares, setting a new philanthropic benchmark by committing...
